McCain Has $47M For October Spending
Republican Was Limited To $84.1M In Public Financing For Fall Campaign; Obama Bypassed The System
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Play CBS Video Video Obama's Record-Breaking Month For the month of September alone, Barack Obama's campaign raised over $150 million. Obama's campaign opted out of public money, only accepting private donations. Thalia Assuras reports.
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Video Obama's Triple Threat Sen. Barack Obama got an endorsement from Gen. Colin Powell, raised a record amount for his campaign and drew 100,000 at a rally, leaving Sen. John McCain squarely as the underdog, reports Jeff Glor.
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Republican presidential hopeful Sen. John McCain, R-Ariz, speaks during a Road to Victory Rally Saturday, Oct., 18, 2008, in Cabarrus County, N.C. (AP)
McCain's monthly financial report filed with the Federal Election Commission shows he spent nearly two-thirds of his money $22.5 million on advertising as he tried to keep up with rival Barack Obama's ad blitz in battleground states.
McCain is no longer raising money because he is participating in the presidential election public financing system. He received $84.1 million in early September from the federal treasury and cannot exceed that amount in spending between early September and Election Day Nov. 4.
McCain's numbers stand in sharp contrast to Obama's. The Democratic nominee is not participating in public financing and raised a record-shattering $150 million in September.
Obama has been outspending McCain this month in advertising by a ratio of about 4-1. McCain has received significant help from the Republican National Committee, which raised $66 million in September.
The party can spend up to $19 million in coordination with the campaign. The party and McCain have also split the costs of "hybrid" ads that criticize Obama as well as Democrats in Congress.
McCain campaign manager Rick Davis said Monday that "a vast majority" of the campaign's $22.5 million in ad spending was in conjunction with the RNC, essentially doubling the value of its September ad spending.
The RNC has also set up an independent expenditure operation to run ads that help McCain, but which cannot be coordinated with the candidate's campaign. The RNC budgeted about $18 million for those types of ads during the final two-week stretch of the campaign.
Davis reiterated the campaign's complaint that Obama has not disclosed the identities of the hundreds of thousands of donors who have contributed less than $200 to his campaign. Legally, political campaigns are only required to identify in federal reports those donors whose contributions exceed $200.
The Obama campaign on Sunday reported that it had added more than 600,000 new donors in September for a total pool of contributors of about 3.1 million. It said the average donation was $86. That means the campaign does not have to itemize the donations of a significant number of contributors.
"The vast majority of those are probably legitimate but they are being kept secret by the Obama campaign for no good reason," Davis said.
McCain's reports to the Federal Election Commission also only reveal donors who give more than $200. But a searchable data base on his campaign Web site identifies all donors, no matter what amount they give.
In a sign of its tighter budget, the campaign cut back its travel spending in September to about $1.7 million compared to the $3 million it spent in August. Its payroll costs remained roughly the same at $1.2 million.
The campaign borrowed $7 million from a separate campaign compliance fund to cover advertising and air charter costs incurred in early September before McCain received the $84 million from the federal government. The compliance fund is used to pay for legal costs associated with McCain's participation in public financing and to meet legal requirements of campaign finance law.
The campaign repaid the loan later in the month.
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- Is he runing for the USA presidency or Russians presidency. John McCain what is going on?
In the letter, McCain urged Russia''''s UN Ambassador, Vitaly Churkin, to contribute anywhere from $US35 ($49) to $US5000 ($7104) to help ensure Senator McCain''''s victory over Democratic rival Senator Barack Obama, currently ahead in voter preference polls.
"If I have the honor of continuing to serve you, I make you this promise: We will always put America %u2013 her strength, her ideals, her future %u2013 before every other consideration," Senator McCain assured Mr Churkin."The letter was addressed to Mr Churkin and sported a McCain signature near the bottom".
*Moscow''''s mission to the UN issued a terse statement on the Republican presidential candidate''''s letter, saying that the Russian Government and its officials "do not finance political activity in foreign countries."
*The McCain campaign accused Senator Obama earlier this month of not doing enough to screen for illegal contributors and asked US election officials to investigate. "I think we need to investigate Mr. McCain to. - Reply to this comment
- Obama is "...a person that you do not have to be scared of as President of the United States."- John Mccain 2008
- Reply to this comment
- "Sooner or later people are going to figure out that if all you run is negative attack ads you don''t have much of a vision for the future, or you''re not ready to articulate it." - John Mccain 2000
- Reply to this comment
- Let me start by saying that I voted against George W. Bush in both elections and in both elections I predicted he would lead this country to ruin.
Now I will be voting for John McCain in November for many reasons...including having the insight to recognize that our country is better off with a moderate Republican than a far left hardcore liberal like Obama (with a Democratic controlled Congress).
As for Barack Hussein Obama...once Barack, as Commander-In-Chief, is given our countries top military secrets... he will find a way to give the information to his "brothers" in the middle east. For anyone that doesn''''t think this is possible...think again.
How soon Americans everywhere forget how unprepared we were for 9/11. Intellectually we could not accept the real danger of such an attack. Now we are unprepared to accept the real threat that the next attack to destroy America will come from within....that threat is Barack Obama.
This country has sold out common sense and intelligence in their efforts to prove that a black man can become elected President. Not measuring Barack Obama character and personal philosophy by his association with people like Rev. Wright, Rev. Flegler, Tony Rezko, and William Ayers or organizations as corrupt as ACORN... is unforgivable.
Obama will finish the job of ruining this country started by George W. Bush...but Barack will prove to be the catalyst to the final fall of America and the ending of the American way of life. - Reply to this comment
- Your OK with Obama breaking a sign a agreement
You are an idiot
Posted by doctor--cool at 05:41 PM : Oct 20, 2008
You''re okay with McCain running a sleazy and hishonest campaign by lying to voters about Obama trying to teach s-e-x education to kindergartners? You''re the idiot, idiot. :-) - Reply to this comment
- Go find out why ABU-ZAYD is on, Bill Ayers home page at
http://www.billayers.org/
Posted by doctor--cool at 05:24 PM : Oct 20, 2008
With all your grammatical errors, I''m wondering what you are on. Do you ever proof-read before you post? - Reply to this comment
- Obama sign a agreement to take only public money.
Posted by doctor--cool at 05:05 PM : Oct 20, 2008
Boo, hoo, hoo! Go cry to your mamma about it! - Reply to this comment
- McGollum: We wants it, we needs it. Must have the precious. They stole it from us. Sneaky little democrats. Wicked, tricksy, false!
Obama betrayed us. Wicked. Tricksy, False. We ought to wring his filthy little neck. Kill him! Kill him! Kill them both! And then we take the precious... and we be the master!
LMAO! McCain looked just like Gollum during the last debate. - Reply to this comment
- And you sir are a dumb A*ss Hole
Posted by doctor--cool at 05:05 PM : Oct 20, 2008
LMAO! Like they say, "A hit dog sure do holler!" You sir are a hit dog because you know what a sleazy liar McCain has turned into in this election. He has one obsession: McGollum wants his Precious, the ring before he dies! He will sink to any level, no matter how low, to get it! LOL - Reply to this comment
- Wrong, we have two weeks to save the country.
People will wise up between now and then.
Obama is falling now and we still got two weaks
Posted by doctor--cool
People HAVE come to their senses. They''re sick and tired of republiscum. Two stolen elections in a row and you''re worried about voter registration?? Even spin/sleazemeister extraordinaire Karl Rove has McCain losing by the better part of 200 electoral votes on Fox no less. You''re just beyond help. TTFN - Reply to this comment

Grammy winner Shakira on her music career, philanthropy and being sexy.





