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. Xavier, Saint Louis, Missouri

    Who cares!!!! The GOP can't raise all the money they want. Once you're done raising it, take it and light a match to it. Because, come November Obama will be President.


    August 15, 2008 02:55 pm at 2:55 pm |
  2. Pat F

    Affairs! Democrats have the GUTS to talk about affairs after subjecting us to EIGHT YEARS of Mr. Can't Keep His Pants On Clinton.

    August 15, 2008 02:56 pm at 2:56 pm |
  3. Andrew

    Congratulations President McCain!

    This Hillary supporter is sending you some more money today!

    August 15, 2008 02:58 pm at 2:58 pm |
  4. anyonmous

    mccain who

    August 15, 2008 02:59 pm at 2:59 pm |
  5. David from Ohio

    It's truly sad that the race is even this close. The only hope for this country is for Obama to crush McCain in November and for the Democrats to pad their majorities in the Senate and House. Then we can finally leave this dark era in American history.

    August 15, 2008 02:59 pm at 2:59 pm |
  6. deroy

    what does this mean?

    August 15, 2008 03:01 pm at 3:01 pm |
  7. Flori-Duh Voter

    McOld McCain needs to pick someone young and exciting or he's going to McLose to McBama regardlees of how screwed up Obama is.

    McCain / Rice '08

    August 15, 2008 03:01 pm at 3:01 pm |
  8. Obama08

    Martin August 15th, 2008 1:37 pm ET

    Obama may have a lot of cash.

    But he has NO message!



    Only the stupid will vote for Obama!

    Hey Martin, so what is McCain's message? That Obama doesn't have a message? All he cares to tell people is what Obama doesn't have. What does McCain really have?

    August 15, 2008 03:02 pm at 3:02 pm |
  9. Me

    Yet he can't afford to hire a good speech writer, as he lifted much of his speech on Georgia from a Wiki article.

    August 15, 2008 03:02 pm at 3:02 pm |
  10. Catherine

    Can someone please explain to me the details of public financing and how the limitation works. I understand that Obama can spend as much as he wants on the general election because he opted out of public financing. But since McCain decided to take public financing, I thought he could only spend $87 million on the GE. If I am correct in my understanding, why should McCain supports still donate if McCain can only spend $87 million but they have total $96 million?

    Slightly confused on this topic of the election.


    August 15, 2008 03:03 pm at 3:03 pm |
  11. gastoys

    I see the left are using their Fear Mongering tactics again. Fear the economy, fear McCain, McCain is Bush, Republicans are Bush, fear, fear, fear... it goes both ways.

    Republicans and Democrats are the disease of our planet and 90% of Congress, Senate should resign immediately for dereliction of duty!

    It’s about America not your party, yet Obamamanics and McCainiacs just don't get it.

    That’s OK, as I know some day I will have to make a choice. Move to another country or exercise my 2nd Amendment rights an form a militia to rid us of the tyranny of our government.

    August 15, 2008 03:04 pm at 3:04 pm |
  12. mary

    Yes we can! All can see GOD
    Look into every man's, woman's and child's eyes, GOD is there.
    Look all around you, everywhere.
    Open your heart
    Feel God's Love
    Look all around you
    He is there
    GOD, in JESUS name said for I am always with you
    Do not be afraid

    August 15, 2008 03:06 pm at 3:06 pm |
  13. aware

    McCain 08! 🙂

    The other guy doesn't get it! 😦

    August 15, 2008 03:06 pm at 3:06 pm |
  14. Farrell, Houston, Tx

    If you agree with the Iraq war, economic failure, lost jobs, lost homes and are rich, vote for McCain. He will guarantee you that he will do business as usual.

    August 15, 2008 03:06 pm at 3:06 pm |
  15. Paris

    To Marek, shame on you for accusing John McCain of selling his sole and his country.
    This man was tortured for his country and he has two sons fighting in the war as you and I are sitting behind our computers and
    It is one thing to disagree with ones policies but accusing John McCain of selling his sole and his country crosses line that should not be crossed.

    August 15, 2008 03:07 pm at 3:07 pm |
  16. EMJ

    I got to meet McCain the other day. He smelled like my grandmother's upstairs, kinda musty with baby powder mixed in.

    August 15, 2008 03:07 pm at 3:07 pm |
  17. Stacy

    Of course they are going to raise more money. They have every big oil and drug company giving them hand outs so they can continue rapping our nation and destroying our Constitution. Go ahead check where the money comes from. I dare you?

    August 15, 2008 03:07 pm at 3:07 pm |
  18. Shrill for Hill

    Why is McDancingQueen behind in the polls and losing to an empty suit? Why can't McBush close the deal?

    Does that little girl realize that if McBush is elected she won't get to make decisions about her own body when she grows up?

    August 15, 2008 03:09 pm at 3:09 pm |
  19. McCain is out of touch with America

    Pathetic. What a waste of money.

    August 15, 2008 03:09 pm at 3:09 pm |
  20. Burnis Jones

    In contrast too what John McCain say we are not all Georgians there are some of us who do not support Mr. Mikhail Saakaskvili, who sought to start a conflict just help McCain in his run for President.We understand that McCain did nominate him for the Nobel Peace Prize so now he fill it time for payback . Remember last June when Mr. Black a member of McCain Staff said that an Attack would help McCain, This whole thing is starting to smell like the attack that they had in mind. I hope the Voters wake up and realizes that the Republicans are who we know they are and don't let them off the Hook this time around, Because We Deserve Better Than McCain.

    August 15, 2008 03:10 pm at 3:10 pm |
  21. DR. YES

    mike in tx.-watch cafferty today,if you think my numbers are are quick to call a man a liar.can you back it up?

    August 15, 2008 03:11 pm at 3:11 pm |
  22. G

    Uncle Sam – those gallup poll change all the time depending on the day haven't you notice? starts off with Obama in a lead of 6-8% than goes down to a 3% to a tie. Don't know how that poll works I guess who ever answers the phone that day.

    August 15, 2008 03:11 pm at 3:11 pm |
  23. Long time Democrat for McCain

    Wow, impressive numbers. I know these figures will turn into votes! The ads haev been great from the McCain camp. Not so much from Obama and co.

    August 15, 2008 03:12 pm at 3:12 pm |
  24. BR

    Look at the little brainwashed Hitler, sorry I mean Obama youth crying. Contrary to their belief, not everyone thinks he is the next Messiah.

    August 15, 2008 03:13 pm at 3:13 pm |
  25. Joe PA

    The Picture of that little girl with the McCain sign is very scary.

    August 15, 2008 03:14 pm at 3:14 pm |
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