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Mac Will Run With Public Funds

GOP candidate appears to concede he won't be able to catch Dem foe financially

By Jonas Oransky, Newser Staff

Posted Apr 21, 2008 10:36 AM CDT

(Newser) – John McCain will use public funds to finance his 2-month general-election campaign, Politico reports today. McCain's decision to take the $84.1 million available once he's officially nominated in September comes after the GOP candidate gave back $3.2 in donations pegged to the home stretch. McCain has raised $72 million thus far—to $236 million for Barack Obama and $195 million for Hillary Clinton.

Team McCain tried to stave off this decision by hiring top Bush-Cheney fundraisers, but the campaign grudgingly decided it simply couldn’t compete with Democrats' enthusiasm and 21st-century fund-raising capabilities. The Republican National Committee will be allowed to supplement pro-McCain advertising—though that could leave it short on funds for House and Senate candidates, Politico notes.

US Republican Presidential candidate John McCain (Getty Images (by Event) Individuals)

US Republican Presidential candidate John McCain (Getty Images)

In this photo provided by ABC News, Republican presidential hopeful Sen. John McCain. (AP Photo/ABC News, Lauren Victoria Burke)

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Mac Will Run With Public Funds

GOP candidate appears to concede he won't be able to catch Dem foe financially

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Obama Already Beating McCain ... in the Wallet

Dem, as usual, wins monthly funds race, $32M to Mac's $18.5M

GOP Holds Big Edge Over Dems in Party Cash

The party has raised more than $97 million in 2007 and has $25 million on hand

January Take: Obama $36M, Clinton $13.5M, Mac $11.6M

Small Internet donations key Obama success; debate over public funds grows

Dems Buck GOP in Money Race

Top candidates have grabbed twice the dough of GOP hopefuls

Edwards Will Accept Public Financing

Candidate points to principle, analysts to necessity

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Mac Will Run With Public Funds

GOP candidate appears to concede he won't be able to catch Dem foe financially

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OTHER STORIES ON OUR RADAR

Barack Obama • Hillary Clinton • John McCain • RNC • campaign fundraising • public financing • George W. Bush

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Obama Already Beating McCain ... in the Wallet

Dem, as usual, wins monthly funds race, $32M to Mac's $18.5M

GOP Holds Big Edge Over Dems in Party Cash

The party has raised more than $97 million in 2007 and has $25 million on hand

January Take: Obama $36M, Clinton $13.5M, Mac $11.6M

Small Internet donations key Obama success; debate over public funds grows

Dems Buck GOP in Money Race

Top candidates have grabbed twice the dough of GOP hopefuls

Edwards Will Accept Public Financing

Candidate points to principle, analysts to necessity

About Us

Site

Newser By Users

Community

Site Maps

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More News

What is Newser?