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

RNC reports $26 million in June, nearly matching McCain

[cnn-photo-caption image= caption="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

    Sounds impressive at first glance, but then you look at what Obama is raking in and ryu ealize that oldman McCain just cant keep up.

    August 15, 2008 05:30 pm at 5:30 pm |
  2. baljeet

    Mcain = Experience
    obama = some kind of a change

    August 15, 2008 05:31 pm at 5:31 pm |
  3. DR. YES

    how many donors $100 or less?what is gop hiding?

    August 15, 2008 05:43 pm at 5:43 pm |
  4. DS

    Answer: Obama supporters and their unmitigated arrogance!

    Question: List the single biggest reason that you will likely not vote for Obama.

    August 15, 2008 05:45 pm at 5:45 pm |
  5. tennisguypitt

    I almost feel sorry for the girl.

    Back to the topic... 26 million? The DNC and Obama raised almost 2 times that amount!

    Obama '08

    August 15, 2008 05:46 pm at 5:46 pm |
  6. Dan , TX

    If McCain becomes president, I am done with paying taxes. I won't pay for his BS.

    August 15, 2008 05:46 pm at 5:46 pm |
  7. Badger

    Stop the press! Big money backs a
    The rich get richer and the rest of us lose.

    August 15, 2008 05:49 pm at 5:49 pm |
  8. Enlightened Voter

    I was one of the 2000000 and proud of it! No book or john mcsimple ads or lies could ever change my support for Barack, ever! How is it that mccain has been campaigning on his own far longer than Barack and yet he only has a fraction of Barack's number of donors? The answer is simple, people see him for the con man mccain truly is. The repuglicans are evil and will resort to lies, smears, devious tactics to win. No wonder they have ruined this country. The funny thing is I think Karma will step in this year and backfire on the repugs and they will get what they deserve and it will be beautiful.

    August 15, 2008 05:50 pm at 5:50 pm |
  9. Dr.Mimi De La Cruz for OBAMA




    August 15, 2008 05:56 pm at 5:56 pm |
  10. Barry Soetoro

    10 of the 12 richest senators are Dems...

    The republican party is not the party of the rich anymore... never really was.

    Obama's got all the money and the power... wonder why he can't close the deal... I guess it's because he's an empty suit... a joke that more and more Americans aren't laughing at.

    "The Obama Nation" comes out Sunday... get a copy!

    August 15, 2008 06:14 pm at 6:14 pm |
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