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Author Topic: McCain raises $47 million in August  (Read 1823 times)

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Offline Chris

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McCain raises $47 million in August
« on: September 02, 2008, 12:43:30 AM »
McCain raises $47 million in August
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ST. PAUL, Minn. (AP) - Republican presidential candidate John McCain raised at least $47 million in August, his biggest haul of money so far and a sign that he is dispelling doubts about his campaign among conservative donors.

Two campaign officials discussed the fundraising Monday on the condition of anonymity because the numbers had not been officially tallied.

The amount was just shy of the $50 million that Democratic rival Barack Obama raised in July. Obama campaign officials would not comment on their August fundraising. The campaigns do not have to submit their August financial reports to the Federal Election Commission until Sept. 20.

One official said the campaign had raised $10 million since McCain announced Alaska Gov. Sarah Palin as his running mate on Friday. Palin has emerged as a popular vice presidential candidate among social conservatives who have eyed McCain with suspicion.

(more...)
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Offline rich_t

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Re: McCain raises $47 million in August
« Reply #1 on: September 02, 2008, 01:22:27 AM »
Not a bad chunk of change.
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Offline Sadie

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Re: McCain raises $47 million in August
« Reply #2 on: September 02, 2008, 09:28:35 AM »
Can someone explain this:I was reading that now that McCain has named his VP he can't accept donations any longer. Something to do with public financing? I donated early on in his campaign and recieved a request for donations the day Palin was announced.

Obama has some big backers like Soros who backs Nancy Pelosi too.
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Offline Chris

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Re: McCain raises $47 million in August
« Reply #3 on: September 02, 2008, 10:18:05 AM »
Quote from: Sadie on September 02, 2008, 09:28:35 AM
Can someone explain this:I was reading that now that McCain has named his VP he can't accept donations any longer. Something to do with public financing? I donated early on in his campaign and recieved a request for donations the day Palin was announced.

I don't think the public financing restrictions take effect until he accepts the party nomination, which hasn't happened yet.  He got in under the wire.
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Offline Uhhuh35

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Re: McCain raises $47 million in August
« Reply #4 on: September 02, 2008, 10:25:09 AM »
We can still donate to the RNC although I know some of us don't like the thought of that. OR you can just go to McCains website contribute to what they call a "compliance fund"
https://secure.johnmccain.com/Contribute/Contributef.aspx?guid=aa60f933-6b64-449a-80af-0a52994863dd
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"Contributions to McCain-Palin Compliance Fund ("Compliance Fund") are not deductible as charitable contributions for federal income-tax purposes. *Federal law requires us to report the name, address, occupation, and employer of any contributor who gives more than $200 in an election cycle. An individual may contribute up to $2,300, a couple may contribute up to $4,600, and a federal multi-candidate PAC may contribute up to $5,000 to the Compliance Fund. Contributions to the Compliance Fund will be used solely for legal and accounting services to ensure compliance with federal law, including a portion of the cost of broadcast advertising, campaign offices, and computer/website expenses. Federal law prohibits the Compliance Fund contributions from being used for a candidate’s election. Contributions from corporations, unions, government contractors, national banks, and foreign nationals without permanent residency status are prohibited".
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Offline miskie

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Re: McCain raises $47 million in August
« Reply #5 on: September 02, 2008, 05:15:07 PM »
Quote from: rich_t on September 02, 2008, 01:22:27 AM
Not a bad chunk of change.

Being that The Obamessiah's current record is something like $50 mil in a month that's sweet - especially considering a ton of cash came in after the Palin announcement. No matter what the libs say, Palin has done nothing but energize folks. -- But then again, that's why they want her to get booted or leave on her own accord - total Republican demoralization would follow.
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