The campaign of Barack Obama (D-IL) openly ridiculed a recent Wall Street Journal article saying that it figured to bring in just over $30M during the month of June, compared to a $22M take for John McCain (R-AZ). And it was right – in point of fact, it pulled in $52M, most of which came in the form of small donations.
The news for McCain wasn’t all bad, however. In fact, it was rather good. Although the Republican is losing the head-to-head battle with Obama, his back-up organization, the Republican National Committee (RNC) is light years ahead of the Democratic National Committee (DNC) in terms of cash on hand. Obama’s staff claims to be sitting on $72M at the moment, taking DNC funds into account, while McCain/RNC is said to be closer to $100M.
