From the FEC database, dated 7/31/08:
B. Hussein Obama had almost $66 million in cash and $1 million in debt.
McCain had almost $33 million in cash and $2 million in debt.
McCain did have a huge month in August; haven’t heard the Obamessiah’s numbers yet. These numbers may not reflect ad buys locked in early.
I heard a commentator last night say that Obama has been going through his money faster than it is coming in. If true, could that indicate a problem in him planning on the fund raising to pay his expenses?
Doesn’t matter- McCain is capped at $84 million, no matter how much he raises.