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McCain rolling in dough

Posted by Foon Rhee, deputy national political editor  September 1, 2008 04:09 PM
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Republican John McCain's campaign is saying that it raised $47 million in August -- by far its biggest monthly total and the sixth straight month it has brought in more than the previous month.

A McCain official told the Associated Press that the campaign raised $10 million since McCain announced Alaska Governor Sarah Palin as his running mate on Friday -- a pick that boosted enthusiasm among social conservatives.

By comparison, his campaign raised $27 million in July.

Once he formally accepts the GOP nomination this week, he will be restricted to the $84.1 million coming from the public financing system he agreed to take.

Democrat Barack Obama, who sent out a raft of fund-raising appeals around last week's party convention, has not reported his August total. His campaign has been vastly outraising McCain's, and it is bypassing public financing in hopes of bringing in far more money before November.

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About Political Intelligence

Glen Johnson Glen Johnson is Politics Editor at boston.com and lead blogger for "Political Intelligence." He moved to Massachusetts in the fourth grade, and has covered local, state, and national politics for over 25 years. E-mail him at johnson@globe.com. Follow him on Twitter @globeglen.
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