Thursday, October 23, 2008

Gramm-pa McCain had less than $24 million

By GottaLaff

Maybe Grammps should think about returning some of IWRC* Palin's fancy-schmancy designer outfits:

John McCain and the Republican National Committee reported having a combined $84 million as of last week to spend before Election Day, according to reports filed Thursday with the Federal Election Commission.

McCain, who has accepted public financing for his campaign, is restricted in his spending. As of Oct. 15 he had more than $25 million in hand, but more than $1 million debts. The RNC, which has been helping his candidacy, had more than $59 million in the bank.

At McCain's spending rate of $1.5 million a day, the Arizona senator likely has only $12 million to spend in the next 11 days before the Nov. 4 election. [...]

If Obama sustains or exceeds his $5 million a day fundraising rate, he could report at least $75 million in new money in his pre-general election filings.

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