With Hillary Clinton’s campaign coming to an end this weekend, Barack Obama’s rise as the Democratic nominee brings serious bad news to a new group — John McCain’s finance team.
A review of campaign finance data offers not one ounce of good news and barely any hope for the McCain campaign’s ability to compete with Obama’s fundraising prowess.
To make matters worse, Obama’s campaign, which raised $272 million through April for the primary, now is reaching out to Clinton’s fundraisers, who raised another $200 million through April, in an effort to unite forces and bury the historically deep-pocketed Republicans.
“McCain has to make every dollar count in the general election and Obama will have money to burn,” said Evan Tracey, co-founder of Campaign Media Analysis Group.
The financial gap between the two presumed nominees was also on display during the primaries. Obama spent $75 million on television advertising; McCain spend $11 million, according to Tracey.
http://www.politico.com/news/stories/0608/10868.html
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