August 15th, 2008
01:27 PM ET
10 years ago

RNC reports $26 million in June, nearly matching McCain

McCain and the RNC are well-positioned financially.

McCain and the RNC are well-positioned financially.

(CNN) - The Republican National Committee reported Friday it raised $26 million in July, a fundraising haul that nearly matches John McCain's campaign during the same timeframe, and had approximately $75 million cash on hand.

The RNC and the McCain campaign combined began the month of August with $96 million cash on hand, a total that may keep pace with Barack Obama and the relatively cash-strapped Democratic National Committee.

Earlier Friday, the McCain campaign announced it had raised $27 million in July, the presumptive Republican nominee’s largest one-month fundraising total to date. The campaign also said it had $21 million cash on hand, all of which must be spent before the party's convention in early September because of McCain's choice to accept federal campaign dollars. The Republican Party is free to spend its money through Election Day.

The RNC also announced Friday it had surpassed one million individual donors this election cycle, while the McCain campaign said 600,000 individuals had donated to the Arizona senator. Earlier this week, the Obama campaign announced it had passed the two million donor mark.

Barack Obama's campaign and the Democratic National Committee have yet to announce their fundraising hauls for the month of July. For June, the Illinois senator's campaign reported raising $52 million with more than $72 million cash on hand. The DNC raised $22 million during that time period, all of which was available to spend.

soundoff (210 Responses)
  1. Jim Schimmer



    August 15, 2008 01:28 pm at 1:28 pm |
  2. John

    Poor misguided child! Under McCain, we'll go from recession to depression.. and 8 years from now, you probably still won't be old enough to vote.

    August 15, 2008 01:29 pm at 1:29 pm |
  3. JD

    McCain still doesn't have a chance, especially after denouncing Russia for attacking Georgia.

    "In the 21st century, countries don't invade each other."

    Really, Johnny? What about that time you voted to invade Iraq?


    August 15, 2008 01:31 pm at 1:31 pm |
  4. TCE

    What a waste!

    August 15, 2008 01:32 pm at 1:32 pm |
  5. Corey, Maryland

    Oh silly child, she doesn't realize the person on that sign she is holding is going to leave her with a earth that is severely destroyed, so much money in debt, going to put us in another Great Depression, and will probably make her go to Iraq when she gets to the age of 18.

    Obama Richardson 2008

    August 15, 2008 01:32 pm at 1:32 pm |
  6. DJ Los Angeles

    Thanks mostly due his McShame's cozy relationship with big oil and other corrupt lobbyists. No surprise coming from the man who took the most $ out of the Keating 5 Senators.

    August 15, 2008 01:33 pm at 1:33 pm |
  7. lucy

    In an interview with McCain about his liking of ABBA music .
    OBAMA was quoted saying people like ABBA music and the Name
    alone of the group, Because it sound like ABBAMA.

    GET a freaking Life OBAMA.

    August 15, 2008 01:33 pm at 1:33 pm |
  8. Sam Willer

    Big Money does not want Obama in the White House, what does that say to you people?. They DON'T WANT change for America, they want to continue exactly the way it is. Making money hand over fist while the rest of America suffers. WAKE UP!!! We need CHANGE.

    August 15, 2008 01:34 pm at 1:34 pm |
  9. DR. YES

    big oil,corporate ceos,lobyyists and the top 2% of the wealth of america.they can easily match the numbers of the dnc.but.they'll never match the amount the american people are pouring into obama's campaign.bring it on,repubs!

    August 15, 2008 01:34 pm at 1:34 pm |
  10. No I in TEAM

    Giving credit where it is due … on Aug 14th LJ in LA said to Republicans / PUMA …

    “Save us all. Swallow your pride, hatred, or blind allegiance, and punch the ballot for Barack Obama

    August 15, 2008 01:35 pm at 1:35 pm |
  11. Not Karl Rove

    Oh good, another $27 to put into ads that only bash the old man's opponent, not about what McCain would actually to repair an America damaged by 8 years of GOP leadership.

    I can wait.

    August 15, 2008 01:36 pm at 1:36 pm |
  12. Denise

    Anybody want to bet that Obama and the DNC make McCain and the RNC look like paupers?

    August 15, 2008 01:37 pm at 1:37 pm |
  13. Martin

    Obama may have a lot of cash.

    But he has NO message!



    Only the stupid will vote for Obama!

    August 15, 2008 01:37 pm at 1:37 pm |
  14. Nikki, Florida

    Oh that poor child in the picture has been brainwashed....I fear for her future...

    August 15, 2008 01:37 pm at 1:37 pm |
  15. well well now

    i guess McCain's lobbyist are working hard for their cause

    August 15, 2008 01:37 pm at 1:37 pm |
  16. S. Boatman

    This Means I Will Give More To Obama And His Campaign! Hopefully My Small Donations Will Help In Some Way!

    August 15, 2008 01:37 pm at 1:37 pm |
  17. Enough

    This will most likely be deleted by CNN..but the question of the century since extra marital affairs are surfacing in the news...why is it there's no mention of McShame's recorded affairs??????

    August 15, 2008 01:37 pm at 1:37 pm |
  18. Carl from MI

    McCain and the Repuglicans have set the tone alright... the tone for SLIMEYNESS!! The more you educate yourself with the facts... the more you will see right thru the shallowness and failed policies of Bush AND McBush.

    Besides... after the whole 'tire gauge' incident', it’s OBVIOUS that the GOP prides themselves on being ignorant. Way to go, GOP!! 'Ignorant' is the new 'Cool'.

    McCain's campaign staff is just LOADED with lobbyists, it's no wonder they're tied to Abramoff. The GOP party is ENTIRELY about the money... about scandal and dishonesty... why do you think we've been calling it a 'Culture of Corruption'? They are just rife with it... overflowing, to be exact. This isn't an opinion... just count all the scandals in the news over the past 8 years. Let the facts speak out!! Even McCain has the Keating 5 and his infidelity. Remember that??

    McCain is just another Bob Dole... lacking in luster and electability, and empty suit that will do or say anything to get elected. He has no character or substantial policies of his own, so all he can do is attack, attack, attack. They may have been great Veterans, but they're both lousy politicians. WAKE UP, AMERICA!!

    August 15, 2008 01:37 pm at 1:37 pm |
  19. A-Man

    McCain has the right ads, they just target the un intelligent and they work on those people. Anyone can see that McCain is a disaster except the stupid people, hence the Puma Hillary's supporters moving his way.

    August 15, 2008 01:38 pm at 1:38 pm |
  20. Texas Trail Dog

    Way to go John. Looks like his accounting and the RPC is far superior to the DNCC and OBAMA the whimp.

    August 15, 2008 01:39 pm at 1:39 pm |
  21. Robert

    I like the picture of the little girl with a McCain sign. It gives me a good idea of the intellectual capacity of McCain supporters.

    August 15, 2008 01:40 pm at 1:40 pm |
  22. fred

    you know what I realized. People blame Bush for higher gas prices, yet every other European country has gas prices that rose faster than ours did. Now, can any of you democrats who blame Bush explain that one? I say let's drill for our own oil, so we don't have to just have the same oil prices as every other country. And this is why universal things are no good, such as universal health care. Think about it.

    August 15, 2008 01:40 pm at 1:40 pm |
  23. OBAMA--LATE..?

    When the little girl asked: Why do you wnat to be President ?

    Obama answered: A rock hit me in the head and now it is too late.

    America do you want this "I'm not sure" man in the

    WHITE HOUSE ??..........think !!

    ??????????no?????????no???????????NO, NO is right.????

    August 15, 2008 01:40 pm at 1:40 pm |
  24. Paul Dobro

    Hey CNN – doing your JOB as an independant reporter, not GOP talking points.

    When a McCain attack ad comes out, help us understand what is truth and a lie.

    Point out the quotes for the Wall Street Journal are from the OP-ED page!!!!

    Point out that Obama plan is a tax cut for those earning$ 32K to $112K and the folks taking the hit are earning 2.9 MILLION plus!!!

    Point out that McCain's plan gives those making 2.9 MILLION a $250K tax BREAK!!!!

    As the media, your job is to report the TRUTH not propagate the lies of a McCain attack ad.

    Who ever claimed the media had a love affair with Obama certainly are not reading the main stream media. I say it is a McCain love affair.

    August 15, 2008 01:40 pm at 1:40 pm |
  25. Nick

    To Abby in regards to her claim that Obama'a T-shirt, bumper sticker, etc. sales don't count twords the "2 million" donations:
    From Obama Store Website:
    "Thank you for visiting the Obama for America online store. All of our products are top quality, union and USA made and produced. All purchases made on the Obama Store are 100% contributions to the campaign and count toward your overall contribution limit.

    Any purchase is considered a federal contribution to Obama Victory Fund. If you have already contributed the maximum amount under federal law or are otherwise ineligible to contribute under the federal rules"

    August 15, 2008 01:42 pm at 1:42 pm |
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