Fiorina: McCain and RNC Have More Money Than Obama And Dems
@ 9:59 am by Walter Alarkon
Pushing back against suggestions that Democrats are raising far more money this year than Republicans, John McCain's advisers are now touting a cash-on-hand advantage.
McCain adviser Carly Fiorina stressed in a CNN interview Tuesday that McCain has more than $60 million in cash on hand while Barack Obama has about $50 million. That number, however, only includes the money that the Republican and Democratic national committees raised. Fiorina said that much of the RNC money will go toward the presidential race.
According to the latest federal campaign finance reports, McCain and the RNC have about $55 million in cash on hand, with McCain providing $24 million of the total. Obama and the DNC have $51.8 million, with Obama providing $46.5 million of the total.
Fiorina dismissed a question by CNN's John Roberts over why Republican candidates don't have the fundraising advantage over Democrats that they had in past years.
"Well, I hate to keep correcting you, but in truth the RNC is raising money very specifically for the presidential campaign," she said.
Republican congressional committees, however, are lagging far behind their Democratic counterparts. The GOP House and Senate campaign committees have just $24.4 million on hand while the Democratic ones have $82.1 million. Both congressional committees and presidential campaigns have drawn from their respective parties' national committees in past elections.
LINK AND VIDEO --
http://briefingroom.thehill.com/2008/05/27/fiorina-mccain-and-rnc-have-more-money-than-obama-and-dems/