McCain Raises $18M In April
By Justin Gardner | Related entries in 2008 Election, Barack, Democrats, Hillary, McCain, Money, Republicans
It’s definitely a good month for him, and his biggest to date, but he raised $4M less than Hillary, who raised all this in a month when it has been known she’s almost destined to lose, and $15M less than Obama.
Also, as an interesting juxtaposition to Obama’s donors, with 94% contributing less than $200, McCain and the RNC seem to have set up a new fundraising structure…
Under a new fundraising structure created by the campaign and the Republican National Committee, a donor can give up to $70,000 to the “McCain Victory 2008,” significantly more than the $2,300 individual donor limit set by campaign finance laws. If a donor gives the maximum amount the money is split into multiple funds that all benefit McCain’s campaign: the first $2,300 of that money goes to the McCain campaign itself, the next $28,000 goes to the RNC, and the rest is divided among four swing states the campaign plans to target in the general election. Those targeted states are: Wisconsin, Minnesota, Colorado and New Mexico.
I wonder if Obama has any plans to raise money in this fashion…
This entry was posted on Tuesday, May 20th, 2008 and is filed under 2008 Election, Barack, Democrats, Hillary, McCain, Money, Republicans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
May 21st, 2008 at 1:14 am
Seriously, what a hypocrite. So apparently the campaign finance law that McCain helped create applies to everyone but him. Sleaze.
May 21st, 2008 at 1:15 am
Hasn’t Obama already arranged to jointly fundraise with the DNC?