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McCain Again Falls Short of Cash Goals
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| Parent(s) |
Candidate
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| Contributor | Scott³ |
| Last Edited | Scott³ Jul 05, 2007 03:56pm |
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| Category | News |
| Media | Newspaper - Washington Post |
| News Date | Tuesday, July 3, 2007 09:00:00 PM UTC0:0 |
| Description | Washington Post article.
An excerpt...
"Sen. John McCain's presidential campaign announced yesterday a wave of layoffs and a return to the kind of tactics the candidate employed in his first run for the White House, after reporting that the onetime GOP front-runner had failed to turn around his disappointing fundraising efforts.
Campaign manager Terry Nelson said in a conference call that the campaign has only $2 million in the bank after raising $11.2 million in the three-month period ending Saturday and that it will slash staffers' salaries, in addition to the layoffs. Nelson said that to help trim costs, he will no longer accept a salary for his work on the campaign. Sources inside the campaign said at least half the staff is being eliminated, on top of cuts made after the first quarter -- a level of reductions unheard of this early in a race.
McCain, of Arizona, has been battered on his support for the war in Iraq and the controversial immigration legislation that he helped author. His second-quarter fundraising trailed even the disappointing $13 million he took in over the first three months of the year, a total that led to an overhaul of his fundraising operation.
Although former Massachusetts governor Mitt Romney and former New York mayor Rudolph W. Giuliani have yet to release their fundraising totals, both are expected to far outpace McCain. Fundraisers and strategists for former senator Fred Thompson of Tennessee, who is expected to announce a bid for the GOP nomination in the coming weeks, have sought to target McCain's donor base." |
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