Wednesday, January 30, 2008

McCain Campaign in Serious Debt

The Money Primary results are coming in. McCain put his numbers in yesterday, hoping they'd get buried in the coverage of Florida's results. Nice try John...

WASHINGTON - John McCain ended the year with $3 million cash on hand and a $4.5 million debt.

McCain's end-of-year financial reports, filed late Tuesday with the Federal Election Commission, showed he raised $6.7 million during the last three months of 2007 and borrowed $3 million.

The Republican presidential candidate spent nearly $9.5 million during the quarter, with $4.3 million devoted to advertising.


It's pretty obvious McCain's campaign does not have a lot of support aside from his friends in the MSM. The difference between McCain's weak fundraising and Romney's strength is probably worth tens of millions of dollars.

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