McCain Raises $22 Million in Best Money Month of Campaign

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The New York Sun

Senator McCain raised more than $22 million in June, his best fund-raising performance of the year, and ended the month with nearly $27 million cash on hand. His campaign manager, Rick Davis, said yesterday that Mr. McCain and the national Republican Party together entered July with about $95 million in the bank. The Republican National Committee, which has been raising money jointly with Mr. McCain, collected nearly $26 million in June and had nearly $69 million on hand, officials said. The campaign’s fund raising has given Mr. McCain the ability to spend more on television advertising than Senator Obama in key battleground states. Mr. Davis said about half of its income had been spent on television advertising. Mr. Obama has not disclosed his June fund raising. In announcing Mr. McCain’s fund raising, Mr. Davis portrayed the campaign’s financial position as far brighter than ever before. He said the joint RNC-McCain fund raising through direct mail is now exceeding President Bush’s direct mail fund raising in 2004. “We will have significant resources to prosecute a campaign that is very robust,” Mr. Davis said.

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