McCain Backers Set $100 Million Target

[Hope And Change]

McCain Top Fund-Raisers Set New Target

If Goals Are Met,
Gap With Obama
Will Start to Close

By BRODY MULLINS and CHRISTOPHER COOPER
September 4, 2008

MINNEAPOLIS -- John McCain's top fund-raisers met privately here Wednesday to begin a new effort to raise $100 million in the final two months of the Republican presidential candidate's campaign.

If the target is met, the new financing, combined with the $75 million already raised by the Republican National Committee and the $85 million Sen. McCain will get from the government, would go a long way toward closing the money gap with Democratic rival Barack Obama.

That would give Republicans at least $260 million to spend on Sen. McCain's behalf this fall. Sen. Obama, who starts the general election with money in the bank, hopes to raise an additional $220 million in the next two months, Democratic fund-raisers said.

During the primary campaign, Sen. Obama set fund-raising records while Sen. McCain struggled to meet monthly budgets. Now it appears Sen. Obama's money advantage is far smaller than it was assumed to be early on.

Sen. McCain's fund-raising operation has rebounded since he emerged as the presumptive Republican nominee. One reason is due to a fund-raising account that allows Republicans to solicit individual donations of as much as about $70,000, far above the normal limit of $2,300 per individual per election.


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http://online.wsj.com/article/SB122048260041496857.html?mod=todays_us_page_one

[dkf]

1. Campaign Finance laws are a joke...

Why should the American People give John McCain $85 million when he is raising all that money anyway? Its a crock.

[liberal N proud]

2. No shit

Damn, the just keep breaking the laws like they don't apply to them

[maseman]

3. McCain-Feingold is a fucking joke