|
|
"A comprehensive, collaborative elections resource."
|
McCain exits campaign money race
|
|---|
| Parent(s) |
Candidate
|
| Contributor | RP |
| Last Edited | RP Apr 22, 2008 03:51am |
| Logged |
0
|
| Category | Strategy |
| News Date | Monday, April 21, 2008 12:25:00 PM UTC0:0 |
| Description | John McCain is abandoning any hope of catching the Democrats in fundraising.
Based on new financial disclosure reports released Sunday, and interviews with his finance team, the Republican Party’s presumptive nominee will instead accept taxpayer money to finance his general election and share other costs with the Republican National Committee.
The strategy will allow McCain to stretch his campaign dollars by splitting the cost of television advertising and other campaign activity with the RNC.
But the decision also puts the Arizona senator at risk of being badly outspent – even with RNC help – by a Democratic nominee who will be allowed to spend as much as he or she can raise on the November race.
With the RNC focused now almost exclusively on protecting the party’s nominee, House and Senate candidates who don’t happen to be competing in presidential battleground states may be on their own.
Under the program, McCain will be eligible to receive $84.1 million from the national treasury to run his campaign between his official nomination at the September Republican convention in Minnesota and Election Day. |
| Share |
|
|
2¢
|
|
| Article | Read Full Article |
|
| Date |
Category |
Headline |
Article |
Contributor |
|
|
