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October 10, 2008 4:24:51 PM CDT

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McCain, Obama Raise $21M Each

Posted Jun 21, 08 12:11 PM CDT in Politics 

(Newser) – John McCain nearly matched Barack Obama’s fundraising intake last month, granting the presumptive Republican presidential nominee “a level of parity that would have been unimaginable just a few months ago,” MSNBC says. McCain scored $21.5 million while Obama, whose fundraising slumped to its lowest levels of the year, pulled in $21.9 million.

Obama, who’s running the most expensive presidential campaign in US history, has taken in $287 million since last year, more than double McCain's $115 million. Next week, Obama will meet with Hillary Clinton and her top fundraisers, and then campaign with his former Democratic rival. A Clinton finance official says it would behoove Obama to pay off Clinton’s debt.

Source MSNBC

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Hillary Clinton and Barack Obama will meet next week.   (AP Photo/Evan Vucci, File )
John McCain raised $21.5 million in May. He had $31.5 million in the bank, up $10 million from the end of April.   (AP Photo/LM Otero)
John McCain has been consolidating Republican support since he clinched the nomination more than three months ago and has been on an active fundraising schedule.   (AP Photo/LM Otero)
John McCain raised almost as much money as Barack Obama in May, placing him virtually on the same financial footing as his Democratic rival.   (AP Photo/Alex Brandon)
Barack Obama is the first U.S. presidential candidate to bypass the public financing system since it was created after the Watergate scandal in the mid-1970s.   (AP Photo/Paul Sancya)
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Barack Obama  • John McCain  • Hillary Clinton  • advertising  • campaign fundraising


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