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. EDW

    Cindy McCain donated that much, wow!!!

    August 15, 2008 01:42 pm at 1:42 pm |
  2. politics

    Who wants to know?

    August 15, 2008 01:42 pm at 1:42 pm |
  3. SaveTheDramaFoObamasMama

    Go McCain! Beat the empty suit!

    August 15, 2008 01:42 pm at 1:42 pm |
  4. Vet in S.A.

    Why do you report anything about the GOP, oh yea, your audience just thrives on anger and this will let them vent, even though there's nothing to vent about, they'll make it up.......

    August 15, 2008 01:43 pm at 1:43 pm |
  5. kayla

    they will need more than money to win.

    August 15, 2008 01:44 pm at 1:44 pm |
  6. ProudDemocrat

    Who cares RNC money is from few CEO's and oil companies and wal-mart any ways.

    August 15, 2008 01:44 pm at 1:44 pm |
  7. Mike

    Man, now they are steeling money from little girls. What will they come up with next?

    August 15, 2008 01:46 pm at 1:46 pm |
  8. Proud Army and Navy Mom

    Obama Sheep in 3.....2......1...... Big Oil, Big Business, Rezko (whoops wrong guy)

    What a joke

    August 15, 2008 01:46 pm at 1:46 pm |
  9. Rocky

    It's about time the Republicans woke up. McCain may not be who they would chose but he sure beats the alternative. McCain got this nomination because a lot of us thought it would take a more moderate candidate to beat the Dems. Now we need to support the candidate.

    August 15, 2008 01:47 pm at 1:47 pm |

    Not sure why so many people hype up Obama's financial campaign.....RNC can keep up.....the silent majority will crush Obama in November. Democrats will regret not posting Hillary and they will struggle to find a true leader in 2012. Someone who has the experience to take on the Republican machine. Obama is going to get crushed...

    August 15, 2008 01:49 pm at 1:49 pm |
  11. Paul

    McCain is the superior candidate.
    McCain/Palin 08! Join us!

    August 15, 2008 01:52 pm at 1:52 pm |
  12. Michael "C" Lorton, Virginia

    And the point? We need the "meat and potatoes" of politics; now how much it cost.

    August 15, 2008 01:52 pm at 1:52 pm |
  13. Capt. Smash, Salt Lake City, Utah

    Big deal!

    August 15, 2008 01:52 pm at 1:52 pm |
  14. Open Your 3rd Eye

    Just wait until Barack's numbers come out : )


    August 15, 2008 01:52 pm at 1:52 pm |
  15. Scott L

    Republican machine is warming up! Wait until Obama is official anointed the DNC candidate...he won't know what hit him with the Republican Machine! 😀

    August 15, 2008 01:52 pm at 1:52 pm |
  16. Fred

    They will need every dime to defeat Obama. I have never contributed to any party or politician but I might just make an exception this year and send the RNC some money. Can't send it to McCain because I will be gagging as I vote for him but he is the lesser of 2 evils in my mind.

    August 15, 2008 01:52 pm at 1:52 pm |
  17. Are we done yet?

    I guess all of this money that he needs to spend will be spent on negative ads about Obama. I think we as Americans needs to open our eyes and see what is really important, Obama is Liked around the world McCain is Hated, who do you think will better lead us?

    August 15, 2008 01:54 pm at 1:54 pm |
  18. Caryn, Washington DC

    It's easy to raise money when you have criminal lobbyists fundraising on McCain's behalf.

    August 15, 2008 01:55 pm at 1:55 pm |
  19. Doris Hook

    what is wrong with this country? Millions of dollars spend on elections with this country in the mess it is in. I personally do not want to vote for neither one. why don't they take all this money they have raised and help out the ones who have lost job cannot buy meds and food on there table. just a question?

    August 15, 2008 01:56 pm at 1:56 pm |
  20. Mike Dallas

    McCrypt will sending all 600,000 donors a thank you note via carrier pigeon.

    August 15, 2008 01:58 pm at 1:58 pm |
  21. obamacrat

    And people wonder why Obama refused to take public financing.

    August 15, 2008 02:00 pm at 2:00 pm |

    It looks like the republicans spend most of July brown nosing Corporate America. I guess it paid off in contributions but won't pay off in votes. A wast of millions when our economy has been Bush wacked.

    August 15, 2008 02:01 pm at 2:01 pm |
  23. jen

    Wow if McSame had saved all of his and the RNCs money the past 4 months he would almost have as much as his wife.

    August 15, 2008 02:01 pm at 2:01 pm |
  24. Gary of El Centro, Ca

    Looks like the Republicans will have plenty of money for all those slime ads they want to run. Its gonna get ugly out there.

    August 15, 2008 02:01 pm at 2:01 pm |
  25. well well now

    one thing...that poor little girl is to young for the Mccainn draft and she wont know that McCain does not support womans rights

    August 15, 2008 02:02 pm at 2:02 pm |
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