McCain Outspent Obama In June

Campaign Finance Report Show Changing Strategies As Campaign Heads Toward Fall

(CBS/AP)  Barack Obama reversed a two month trend in June by raising more money and spending less, a tangible result of clinching the Democratic nomination.

Obama continued to raise money for the primary stage of the election, a noteworthy showing that means he has not even tried to tap most of his 1.7 million donors for general election cash.

The Illinois senator reported bringing in $52 million in June, more than twice the nearly $21.5 million raised by Republican rival John McCain during the month. Obama had $72 million in cash on hand to McCain's $27 million, according to their reports with the Federal Election Commission.

But McCain's fundraising is getting a significant boost from the fund set up with the RNC. Overall, the RNC, with the victory fund, raised nearly $26 million in June. The RNC had nearly $69 million cash on hand. Though McCain is limited in spending by his acceptance of public funds in the fall, the Republican Party can raise and spend as much as it wants to help him. Altogether, McCain and the RNC began July with $96 million in the bank.

In clinching the nomination, Obama also helped the Democratic National Committee raise money. The DNC and two victory funds it set up raised $24.2 million in June and had $20.4 million cash on hand. Obama and the party had $92 million in the bank at the start of July.

Sen. Hillary Rodham Clinton, who suspended her quest for the White House on June 7, faced a starkly different financial picture. She lent herself an additional $1 million in June to pay off vendors, increasing her total loan to the campaign to $13.2 million. She reported owing vendors $12 million. She raised $2.7 million from donors in June.

Unlike McCain, who spent more than he raised in June, Obama accumulated cash during the month, holding back on a ramped-up television campaign until July. McCain spent $16 million on advertising in June to Obama's $5 million. Obama is now matching McCain's and the Republican Party's spending on advertising.

Obama filed his financial document Sunday; McCain on Friday.

Obama reported $25.6 million in spending in June, his lowest monthly operating costs of the year. McCain disbursed $27 million in the month, including $1.2 million to a special accounting fund for the fall campaign.

Obama's contributions included $1.4 million raised through a joint victory fund set up with the Democratic National Committee. He reported a debt of $891,000.

While McCain reduced his cash on hand from May to June, Obama increased his by $29 million.

The different financial pictures reflect two distinct strategies by the campaigns. McCain plans to accept $84 million in public funds for the fall presidential campaign, a move that prevents him from raising or spending any more money above that sum.

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The Money Race
Check out May tallies for Obama and McCain — including how much they've raised and spent since the campaign began.

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Obama has decided to the bypass the public finance system, the first major party presidential candidate in three decades to do so in the general election. That means Obama needs to build up his cash reserves going into the fall campaign, whereas McCain needs to deplete his.

Obama and McCain, meanwhile, are still busy raising money. McCain held fundraisers in the Hamptons in Long Island on Saturday and was headed to Maine on Sunday for more fundraising and a speech in South Portland. One fundraiser, at the estate of billionaire Ronald Perelman, raised money for the campaign, his joint victory fund with the Republican National Committee and various state parties.

Clinton's decision to lend herself $1 million on June 30 underscored her struggle raising money. Obama has asked that his donors help her reduce her debt. A joint fundraising event in New York earlier this month brought in about half a million dollars for Obama and about half as much for Clinton, according to fundraisers. Clinton's biggest single debt was $5.3 million to her senior adviser and pollster Mark Penn, but aides to Clinton said she first intends to pay off small vendors owed money by the campaign.

She has until the Democratic national convention at the end of August to raise money to pay off her loan, an unlikely prospect. After that, she can only pay herself back $250,000.

Clinton ended her campaign with more than $23 million designated for the general election. She is asking donors whether she can convert that money to the campaign account for her 2012 Senate re-election. Donors can also ask for refunds of that money.

[Gary Kempf]

McCain Outspent Obama In June

That is the Republican way....

[ariel133]

Iraq was indirectly involved with Terrorism, including the fact that we captured Sudam Hussein. For those who continue to think that McCain is another Bush you are under a very false assumption and must read more facts. Obama is a joke, and the press will look incredible stupid when they spent endless hours on someone who is nothing but a liar and fraud. Hasn''t anyone leared yet what that is?

[chrisl45]

It looks like Obama is paranoid. He''s fearful of doing what Hillary did. She invested everything into Super Tuesday and won, but spent all her mondy. This shows the lack of experience in Obama. Senator John McCain percentage in the polls is increasing because of this. God Bless Senator McCain, all our troops, and America

[whatithink-2009]

ChrisL45,

Your post is that of a confused individual. First you laude Hillary and then ask God to bless McCain? Are you really so DENSE? Either you like Hillary which would make Obama your natural choice OR you never like Hillary and are saying this JUST to stir the pot OR YOU ARE A FOOL! Pick one.

[docpeter-2009]

The above headline, "McCain Outspent Obama In June"
__________________

Wish we could bankrupt the GOP with this, but alas, there are too many wealthy snobs with a whole lotta $$ supporting their loser.

[docpeter-2009]

Posted by Ariel133 at 09:22 AM : Jul 21, 2008"Iraq was indirectly involved with Terrorism, including the fact that we captured Sudam Hussein."
______________________

Ok, which source are you getting this from. Iraq didn''t have AQ in Iraq until AFTER GWB invaded Iraq; go back and review the older reports. Iraq DID NOT have WMDs, unless of course you are D1ck Cheney who stated "I don''t believe that" about the reports of no WMDs in Iraq; go back and review the reports. Terrorism, other than provided by SH was unheard of in Iraq prior to GWB''s personal agenda, go back and review. Sadam would NOT allow anything that was counter to his rule of Iraq. He ruled with the iron hand, as did his sons.

I am not saying SH was a good person, he11 he was a very evil and worthless individual, a total waste of carbon molecules making up his cells. But there were other ways to get him out ... ever heard of snipers?

[antoniof123]

McCain Outspent Obama in June....

And he is still behind in the polls....

Keep the faith neo cons your days are limited....

[minuteman247]

mccain can''t control his campaign spending, wow i can''t believe that!!

[suzyku]

mcsame can spend as much as he wants, money gotten from lobbyists and crooks who ''hope" he wins for their benefit. IF this country elects this flip flopping, out of touch old man, we as a country are in serious trouble! mcsame offers nothing new, more of bush disastrous policies, NO,NO,NO TO MCSAME/MCBUSH/MCWAR!!!!

[ariel133]

There''s nothing dishonorable in a person rethinking his or her positions, especially in a constantly changing political context. Barack Obama contradicts and threatens everything I believe about the institution of the family and what is best for the nation. Obama''s radical positions on life, marriage and national security leaves only one choice: John McCain

[bookout2]

I agree. It is time for John McCain, not barack
obama. Barack Obama does not have a clue. Barack
obama has flip-flopped on the Irag War too many times.
If Barack Obama gets in the white house, this country
will be in serious trouble.

[DCropp]

Did everyone catch McCain''s flub today? I know, it''s hard to keep up with them all.

McCain was on national television talking about the border between Iraq and Pakistan. Once again proving McCain doesn''t know the world. Iraq and Pakistan do not border each other.

Last week, McCain committed a major National Security problem when he announced the days Obama and other senators would be in Iraq.

Also, last week, McCain repeated the same mistake he made in 2000, saying he was concerned about Czechoslovakia''s security. Too bad, Czechoslovakia hasn''t been a country since 1993.

Funny, McCain claims to have great foreign policy knowledge and excellent at security, he makes more mistakes than any politician I''ve heard in 50 years.

[element51]

Ariel133...We were away for the weekend so I guess I missed it when you were appointed CEO of the United States. Just what do you mean when you say,"the institution of the family and what is best for the nation." Are you refering to the fact that Obama has a solid marriage to the same woman and is a good father to two little girls? Or are you refering to McCain who threw his sick wife under the bus and ran off with a rich girl half his age? Please define what you think is best for the nation. Do you mean higher prices for everything, failing banks, more war, less money for education, cutting Social Security, crumbling infrastructure and no health care for over 50 million Americans? Inquiring minds want to know.

[minuteman247]

Obama''s radical positions on life,- explain? marriage? oh do you mean mccain 2 wives? and national security? stay in iraq? leaves only one choice - Obama!!

With all the free media coverage of Obama, I do not find this hard to believe.

[minuteman247]

mccain earned a reputation as a party man, drove a Corvette, dated an exotic dancer named -Marie the Flame of Florida,- and, as he would later say, -generally misused my good health and youth.- But at least when it came to flying, he took his responsibilities seriously.
Just kidding. He didn''t care about those either - he was a below average flyer, and couldn''t be bothered to read his aviation manuals. But, as many noted partying experts have asked, what good could possibly come of reading manuals? It''s not like one might have a situation in which one''s plane would quit while landing and crash into Corpus Christi Bay, or be flying too low in Spain and take out some power lines, or crash while en route to Philadelphia for an Army/Navy football game.

[minuteman247]

mccains x wife said - My marriage ended because John McCain didn%u2019t want to be 40, he wanted to be 25....
great judgement mccain, just great!!

[observer2020]

Maybe we should vote in the person that is the most thrifty instead of the one who can throw as much money away they can scrape together. The government always throws lots of our taxpayer dollars at things to make the work, even temporarily. If we had someone in government (at least one would help) that watches the dollars and where they go and how money is spent, maybe that would be the making of a better President....at least with the way the economy is nowadays since they have made the rest of us watch every penny very closely.

[element51]

Ariel133...Don''t you know it''s naughty to quote someone and not give credit? Your post concerning family values and what is best for the nation came directly word for word from James Dobson. See the story, "Dobson may back McCain". At least try to come up with your own stuff.

[element51]

As I was replying to one of jamesm12341''s brilliant posts I made a typing error. James has decided to post my error all over the internet since he feels the need to point out this horriffic mistake. To all of you who are sticklers for perfect typing I do apologize for my terrible mistake. James is just doing his duty in trying to demonstrate that ALL liberals are stupid. Oh by the way, he never posted an answer to my post, he only pointed out my typing error. Thank you James for your help.

[realpatriot1]

Element51,

James pointed out my spelling errors too. I don''t know about you, but as long as all he can say is that I can''t spell and he can''t actually refute an argument, I''m fine with that.

All he''s demonstrating is what a childish little toad he is.

But we already knew that by the level of reasoning in his arguments.

[realpatriot1]

MCCAIN OUTSPENT OBAMA IN JUNE BUT STILL TRAILS IN THE POLLS...

HE SHOULD BE WELL AHEAD BY NOW!!!!!!!!!

LOL!

[leftyintexas]

so don''''t vote for him then

Posted by jamesm12341 at 01:14 PM : Jul 21, 2008

You forgot to capitalize the ''S'' in ''so''. You also forgot to put a ''period'' at the end of your sentence. The word ''then'' is not necessary since you used ''so'' at the beginning of the sentence. Classic!

[dnsallday]

bookout2 ....I don''t agree with a word you said, but at least it sounded like it was your own thoughts and opinion, unlike many of the submissive personalities who hear something on talk radio and cut and paste somebody elses thoughts all over the blogs.

[oneamerican-]

I find it curious that the news media only takes any interest in Iraq because Barack Obama is taking a short trip there - and it is only his second trip.

It is even more curious that Barack Obama writes an editorial piece publish in the New York Times titled "My Plan for Iraq"...this was written BEFORE he left for his trip to Iraq and BEFORE he talked to General Petraeus or the troops or the Iraqi Army, Police, or any of it''s citizens.

A little presumptive for the presumptive Democrat nominee, no?

The press will not tell you anything about the fact that 15 out of 18 political benchmarks have been met successfully by the Iraqi Governement to date, thanks to the security gains brought about by the surge of troops ordered by President Bush, and the tactics executed by General Petraeus and our troops, and a stark contradiction to the predicted outcome made by Barack Obama prior to the surge. In short, Barack got it completely wrong.

Instead, the press will seek to find any evidence that Obama is credible on the subject of the Iraq War, as they have already attempted to do, by equating Obama''s promise to pull troops out immediately upon his first day of his presidency regardless of conditions - with Iraq Prime Minister Maliki''s wish to begin drawing down troops in 2010 if conditions on the ground have been achieved. The two views could not be farther apart, but the liberal press seeks to make them look the same.

[dnsallday]

The night before presumptive Democratic nominee Sen. Barack Obama (D-IL) left for Afghanistan, Iraq and Western Europe for a tour of US bases overseas, Secretary of State Condoleezza Rice issued a cable to US missions forbidding them from holding events for presidential candidates or arrange meetings for them.
posted by shado269
*********************************************************** Shado... the current administration is desperate for McCain to win. They know they can count on him to coverup all the mistakes and corruption that has taken place in the past 7 years, much like George H.W. Bush did for the Ronald Reagan administration.

They don''t believe in a level playing field and I don''t think it will surprise anybody to learn that integrity is not their strong suit.

[nssherlock1]

Maybe with all of that money they could buy McBush a globe so he will see that Iraq does share a border with Pakistan. lol

[dnsallday]

I find it curious that the news media only takes any interest in Iraq because Barack Obama is taking a short trip there - and it is only his second trip.
posted by oneamerican
********************************************************* The news media is doing McCain a huge favor by not paying too close attention to him. It is going to be difficult for even staunch Republicans to vote for him, once they discover the man has lost his bearings.

[randynason]

McCain: " I could wile away the hours, conferrin'' with the flowers, consultin'' with the rain. And my head I''d be scratchin'' While my thoughts were busy hatchin'' If I only had a . . . . . . ; ) "

Obama: "... Brain."

[danielle_mom]

Can I put my vote in today and get rid of all of this election hype.

The amount of money they spend is the entire annual budget of most non-profits. Only the Red Cross, Salvation Army and the Rainbow coalition may have larger budgets.

[david1737]

"The press will not tell you anything about the fact that 15 out of 18 political benchmarks have been met successfully by the Iraqi Governement to date."

Posted by OneAmerican


1. The press will only whisper the fact that the standards which define these political benchmarks as being accomplished had to be lowered in order to make this claim.

2. If these political benchmarks have in fact been accomplished, then it only adds support Obama''s position on Iraq (A time line/General time horizon) what ever you want to call it.


3. The Repubs. need to decide if they are going complain that Obama either does or doesn''t have a plan, so far all I here from the GOP is complaining:

(Obama''s an Elitist, a Muslim, he attended a Christian Church that we don''t like, he''s got no plan, I don''t like his plan, he changed the plan that he doesn''t have, he''s only been to Iraq once, he''s going to Iraq, he''s in iraq, but we don''t like it because the media''s covering it.) and you call the Democrats "whiners."

HA!

[david1737]

Posted by jamesm12341 at 01:14 PM : Jul 21, 2008


Another child left behind.

[xlib]

ANNNNND-the point of this non-story. Say, where''s the story on the ny times not printing mccain''s op ed piece because it didn''t contain what the times THOUGHT it should?/
So, leemings, tell us again how there isn''t any bias in the media.

[leftyintexas]

We''''re waiting...

Posted by mike071067 at 03:42 PM : Jul 21, 2008

Don''t hold your breath Mike.

[rob416]

John McCain says he is right about Iraq and Afghanistan and Obama is wrong. How does McCain know?
Neither war zone has been resolved! Sen. McCain keeps saying the surge is working, but he fails to say what would happen when all of the increased numbers of US troops are withdrawn. He says we must win in Iraq, but he does not define victory.

Make no mistake McCain is just an extension of Bush with a war mentality of fighting wars with nations, winning and signing a cease fire and treaty. Elect John McCain and get the ghosts of George W Bush, *** Cheney, Donald Rumsfeld and cast of hundres of conservative republican that have a hard enough time thinking in the box much less out.

[vnveteran72]

It''s common knowledge even among GOP Pundits that the RNC is far behind the DNC in available funds to promote their agenda and campaign in troubled districts. It''s also common knowledge that the GOP will lose more seats in both Houses this go around, on the low side talk is 15 to 20 seats. On the other end is a Complete Massacre......If by some miracle Pappy could pull off a win, he''d have to deal with a Huge Majority in both Houses. His agenda would be dead before it took it''s first breath.
8 years of the Bush/Cheney Crime Cartel''s Assault on the Constitution, Rule of Law, and our National Economy, have left them with 14% of Americans singing their praises.......Good luck in November, Neocons....

[it_oldtimer]

The very fact that a military "surge" was even needed in the first place simply underscores the fact that Bush obviously didn''t have a clue what he was doing to begin with! He totally underestimated the actual situation from day one onward.

That has not changed. He''s still clueless. So are the GOP and McCain.

[nolalou]

All of Obama''''s cash sure hasn''''t made him any smarter. Will he finally admit that the Iraq surge was successful and he was wrong to oppose it?
We''''re waiting...
Posted by mike071067

The problem with your argument is you assume McCain is right when he said the surge worked! If you look at the original goal of the surge it was to allow the Iraqi government time to get it''s act together , and bring in the Sunni minority. Well the Iraqi government does not have it''s act together, and rival factions are still killing each other. Yes , some areas where the surge took place saw a temporary reduction in violence, but you can''t claim the surge worked when it did not acceve it''s stated goal!

[vnveteran72]

If Obama was "Not Smart" or "Incorrect" in his non-support of the "Surge", how much more Stupid and Wrong was Shrub in ignoring the Military Leadership when they told him it would take far more Soldiers than his plan called for to secure the entire Country?
McShrub: "I supported the President more than any other Senator"......yes, we know Pappy.....

[vnveteran72]

Fight McCain with mcCain, not his PARTY!!!!!
get a grip.
dont u kno if u got nothing then NOTHING''''S WHAT U GOT?


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Posted by fenner at 04:46 PM : Jul 21, 2008
+ report abuse

Struck a nerve, huh???.....LMMFAO

[vnveteran72]

THE CANDIDATE IS JOHN MCCAIN.
should we link obama with Jimmy Carter?


Your argument makes no sense. McShrub backed the Little Decider more than any other Legislator.
Jimmy Carter and Obama have no connection of cronyism or anything else BUT Party.
If you want to make a comparison, there is none.

[vnveteran72]

SOURCE: israelinsider.com

Updated 07/20/08 18:53 Israel time

Barack Obama may be on a world tour surrounded by a fawning media, but Sunday an expert in electronic document forensics released a detailed report on the purported birth certificate -- actually a "Certificate of Live Birth" or COLB -- claimed as genuine by his campaign. The expert concludes with 100% certainty that it is a crudely forged fake: "a horribly forgery." Obama arrives in Israel later this week."


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Posted by fenner at 04:52 PM : Jul 21, 2008
+ report abuse

Maybe we could get this guy to find Shrub''s missing attendance records from the Air Force....LMMFAO

[vnveteran72]

obviously you deal in assumptions?
read my friend..... because you have it all wrong.
RNC HAS RAISED FAR, FAR, FAR MORE THAN THE DNC.

-----TTHAT!!!! is fact.

Posted by fenner at 04:49 PM : Jul 21, 2008
-----
Of course. They are very happy to take as much money as their tightly knit group of lobbyist buddies will give them.


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Posted by mortal3 at 04:58 PM : Jul 21, 2008
+ report abuse

Check the amount of donations from Private Citizens to the DNC and Obama as opposed to the RNC/Pappy and you see where their money is coming from. Big War, Big Oil, and Big Pharm. After all, if the GOP loses in November, the Giddy Free-For-All Money Faucet will be shut down for the first time in 8 years. Withdrawl will be long and painful for Cash Junkie Criminal Corporate America......

[vnveteran72]

WRONG!!!!
YOUR DADDY IS NOT HEAD COACH HERE.
RULES FOR ONE SIDE APPLIES TO THE OTHER SIDE.

IF U WANT TO MAKE THE ARGUMENT that mcCain should be viewed thru Bush''''s eyes, then the same can be said of Obama and all his associates, including his questionable friendships.


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Posted by fenner at 05:06 PM : Jul 21, 2008
+ report abuse

Again, your argument is laugable. Pappy and Shrub are linked by their 8 years of interaction and direct support. No like record exists for Obama, unless you reference his opposition to Shrub''s Treasonous Reign.
Request a second opinion.

[vnveteran72]

hillary just MIGHT BE the nominee in waiting????????

this is getting funnier and funnier by the day!!!
SO OBAMA SUPPORTERS, what''''s your explanation on why obama wont let anyone see the ILLUSIVE birth certificate?

- -just askin''''


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Posted by fenner at 05:08 PM : Jul 21, 2008
+ report abuse

Again, your argument is hilaaaaaaaaarious. His mother, a US Citizen, gave birth to him. He''s a Citizen no matter WHAT location he was popped out at on the Globe. You''ll recall Pappy was born outside the US also, Einstein....LMMFAO...you guys are a Hoot.

[oneamerican-]

Barack Obama views, before the surge:

%u201CI am not persuaded that 20,000 additional troops in Iraq is going to solve the sectarian violence there. In fact, I think it will do the reverse.%u201D

Barack Obama
January 10, 2007

[vnveteran72]

Barack Obama views, before the surge:

%u201CI am not persuaded that 20,000 additional troops in Iraq is going to solve the sectarian violence there. In fact, I think it will do the reverse.%u201D

Barack Obama
January 10, 2007


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Posted by OneAmerican- at 05:19 PM : Jul 21, 2008
+ report abuse

"Mission Accomplished"....-Shrub, May 1st, 2003
"Mission Accomplished"....-Pappy, June, 2003

Who was more wrong, and how many Troops Died because of Obama''s statement???.....LMMFAO......
Pappy = Shrub = Disaster

[rob416]

Posted by fenner at 4:17 PM: July 21, 2008

In regard to your response to my contention the John McCain is no more than an extension of Bush and the wonderful people that have served in his Adminstration.

The "first case of this extraordinary science" is Sen. John McCain. My answer to your question "who was the first patient that became an extension of another human", I think you might fit into that category.

I have to believe that you know what I was referring to when I said McCain was an extension of Bush in regard to policies and positions. If you don''t believe me, just go to the McCain for President web site and find out.

[rob416]

I am more than willing to address John McCain for who he is. Unfortunaetly so much of what he says is the same as President Bush. While he has disagreed with him on some issues, overall he is aligned with the Bush White House. I would be more than happy to not call him an extension of anyone if he showed some independent thinking in forming policies.

[vnveteran72]

AGAIN, YOU ARE SO POORLY INFORMED...
WHERE DO WE START WITH YU?

i dont meant to TOTALLY embarrass you but do you understand that a naturalized american and a person running for president answer to two different standards?

HINT::::: you must be NATURALLY BORN IN THE US, OR QUALIFY FOR THAT STATUS.... HIS MOTHER DID NOT.

AND THERE ARE STORIES OBAMA HAS BIRTH CERTIFICATE IN MOMBASA, KENYA.


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Posted by fenner at 05:24 PM : Jul 21, 2008
+ report abuse

You Reich Wingnuts must be scared ********* of Obama.
LMMFAO....Just a little info, Swift Boating was expected but it won''t work this time around.
I know you Goose-Steppers won''t believe it, so I''ll just wait till November to say I told you so....