Obama suddenly the cash underdog?
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/07/14/art.obamacamp.cnn.jpg caption="Obama Campaign Manager David Plouffe says McCain has the financial advantage."](CNN) - Is Barack Obama the new campaign cash underdog?
Obama campaign manager David Plouffe seemed to say Monday that the Illinois senator - who has raised well over $275 million and smashed just about every political fundraising record over the course of his 18-month bid for the White House - might find himself at a disadvantage against a joint effort by the Republican National Committee and John McCain's presidential campaign that told reporters last week it had nearly $100 million cash-on-hand as of June 30.
In an e-mail to potential donors, Plouffe said the Arizona senator has benefited from a beefed up fundraising effort "by collecting huge checks from Washington lobbyists and special interest PACs."
"[McCain's] financial position has improved in the last month. The RNC's cash on hand has risen. So now we face a position where McCain and the RNC have $96 million in the bank," Plouffe said in a Web video posted on the campaign's Web site.
Election Center: How the candidates matchup on fundraising
"They are using the RNC money, and they are using the McCain money they were able to raise while we were engaged in the primary to really spend a lot of money out there," he added.
"We have to make sure we are matching that. The only way we cand do that is for you all to continue to help us. We can't count on anybody else. We can't wait for a cavalry out there. The cavalry doesn't exist."
As of the end of May, Obama's campaign reported approximately $43 million cash on hand, of which roughly $10 million were general election funds. The campaign has yet to release its second quarter financial information.
The Democratic National Committee is expected to be of little help to the Obama campaign. On the heels of a strategy imposed by DNC chairman Howard Dean that seeks to beef up organization in all 50 states, the committee finds itself with virtually no money in the bank. As of the end of May, the DNC reported only $4 million cash on hand, $50 million less than the RNC had during the same time period.
From CNN Politics
- Biden says his administration is 'on alert and in action' to help with Hurricane Ian
- Want To Travel Practically Free? Get This Card
- DC residents say they can be impartial as potential jurors in Oath Keepers trial but emotions remain raw over Jan. 6 attack
- American released in Russia-Ukraine exchange says he has no regrets about fighting in Ukraine
- Newsom signs legislative package protecting and expanding abortion access into law
- DeSantis faces leadership test as Hurricane Ian comes bearing down on Florida
McCain vs. Obama: The hero vs. the zero
I will send you $300 tonight, – on top of $1500 already donated for well deserved president to be – Obama. Holla whenever you need more.
OBAMA – CLINTON 08 AND 12.
It's not so much that McCain himself is raising all this as it is the RNC. The DNC is broke that has been noted for sometime now. And if Obama had took the 85 million he would really be at a disadvantage. He just needs more fundraising from his supporters and for the DNC to get out there and do their part to help.
I'm sending my third $25.00 this Friday, which is my payday. I work at a hospital and know what a mess Healthcare is in. We need a one payer plan for all. Go Obama (and Hillary thanks for all you do for healthcare).
Obama has always been the underdog! It's the American people vs. the PACs, special interest groups and powerful political lobbies that have taken control of our government.
If you didn't see McCain getting tons of money from these organizations, you're oblivious to what's happening in America.
It's time to take back control of our country... finally we have the chance to elect someone intelligent, qualified, committed to American values... not another rich, white billionaire looking out for the interests of his powerful donors.
Let's seize that opportunity! Make a donation! OBAMA '08!!!
You Obama freaks who will not donate to Obama because of Hillarys debt are STUPID!
1st – That money cant be givin to someone else
2nd – Hillary is not wanting the money she loaned herself back.
3rd – Please dont vote if you dont know what the hell you are doing.
Im one of those bitter Hillary supporters, but slowly coming over to Obamas side. I just cant stand McCain!
Jimmy Velman--THEY HAVE THE MONEY $$$$$$TONS OF IT IF HILLARY WILL BECOME THE VP ON OBAMA'S TICKET. . IT WILL SWAMP MCCAINS GOP'S MONEY SUPPORT. WATCH THE NUMBERS GO UP FOR OBAMA ONCE HE CHOOSES HILLARY AS HIS VP RUNNING MATE.............A good start pay Hillary Debt !!!!
The myth created by the Obama campaign inspired the left wing and the young newbies.
Some are influenced by Oprah, Caroline and other celebrity endorsements.
Some buy into the lies of a biased media.
MOST think for themselves and vote for the BEST candidate out there- no race baiting, no gender games, no bias, no hate... just on the qualifications, character and the issues.
Awesome….. Go get them Obama. I am writing another $100 check as we speak. It is the best investment I can make or have my taxes increased by %18 along with no healthcare!
Obama 08,12,16!
This is why we have to focus on funding Barack's campaign and put the demands to repay Hillary's debt on the backburner. If Democrats really want to put a person in the White House next year then we need to focus on the big picture.
$25 Donated just now!!
Another $1000.00 will be on the way Obama. We will not have someone who graduated 894 out of 899 running this country. We've already seen what Mr. Bush is capable of.
This is what Obama was talking about when he declined public financing:
The fact that McCain and the Republican party know how to subvert the intent of free and fair elections by the candidate using public funds and his surrogates/party using lobbyist money to fuel his campaign.
Obama said neither he nor the DNC would accept Lobbyist PAC money.
My conscience is clear.... I voted for the most qualified to lead, the most accomplished public servant, the most experienced candidate and the policy wonk.
I did not fall for the hype of hope that hid the campaign of divisive hate.
I did not vote for the rock star who promised change but campaigned using the same old dirty tricks.
I did not support the race card playing, the sexism, the media bias, the denigration and insults that trashed HRC just to advance Obama.
I voted my conscience- for the very BEST- no hate, no insults, no vulgarity, no filth, no denigration, no debasing of any fellow democrat or any fellow American.
Can the OBAMA followers say the same?
democrats who vote for mccain should call themselves independents and not democrats.
Senator Obama, help is on the way. Keep the faith.
DON'T WORRY OBAMA, CASH IS ON THE WAY. THOSE OF YOU THAT WANT VOTE FOR OBAMA, WHO CARES KEEP YOUR COMMENTS TO YOURSELF
This is all lies people, they have the money. they just want more. They would have more money if they cut back on some of their stuff, like their hired bloggers. Its all a sham to get more money now that they realize they're in trouble in the polls. Its lies people.
The dnc needs to step there money game up I will contribue 30 dollars to Obama but not the DNC they dragged there feet in the Primary they should have told hillary to leave in march and Obama would be sitting on 150 million right now
Barack's campaign isn't getting the big numbers any more because the republicans have stopped supporting him now that they got Hillary out of the way. Just a thought....
I have to finish the job that I started. Obama 08,12,16.....!
I am donating!
NOT A DIME, NOT A DIME. NOT EVER, NOT EVER. No money for an arrogant, lying, corrupt politician. Go back to Chicago with your dear rev wright.
No worries. After the convention, the money will flow in in droves. I plan to donate regularly starting on the day of the convention.
FISA is one issue that I accept Obama's reason for supporting it. He is still committed to the safety and security of this country and is going to make sure that rights will be protected. It really helps if you listen to his speeches, especially the town hall ones where the question was raised as to why he supported it and his answer.
CNN Live Video is a wonderful thing to have at work because you can still do your job and listen to the live speeches in their entirety.
Don't expect a penny from me Mr. Flip-Flop