McCain Raises $27M in July

John McCain raised $27 million in July, his largest one-month fundraising haul since clinching the nomination, while the Republican National Committee brought in nearly $26 million. "Our fundraising continues to be very healthy," Rick Davis, McCain's campaign manager, said in a conference call with reporters, noting that July was the fifth straight month in which McCain has improved his cash flow.

Republicans have been trying to even out the financial playing field after trailing Democrats for most of the election cycle. The July numbers show they are making strides, with McCain and the RNC having a combined $96 million to spend this month, the AP reports. "We will start the general election fully flush," Davis said, putting the budget for September, October, and the first few days of November at more than $100 million. (More John McCain stories.)