McCain Trails GOP Rivals in Cash-On-Hand

[Omaha Steve]

Source: Associated Press

McCain Trails GOP Rivals in Cash-On-Hand
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Apr 14, 7:51 PM (ET)

By JIM KUHNHENN

WASHINGTON (AP) - John McCain entered the second quarter of the year with half the cash in the bank that his two main Republican rivals for the presidency posted, a significant challenge for a candidate who is trying to put some luster back to his campaign.

McCain aides said the senator from Arizona had $5.2 million cash in hand after spending $8.4 million during the first three months of the year. McCain, who days ago moved to revamp his fundraising operation, also reported $1.8 million in debts.

Figures that the campaign filed with the Federal Election Commission Saturday showed McCain trailing Mitt Romney in such key financial benchmarks as money raised and money in the bank. He also trailed Rudy Giuliani in money in the bank, though he was nearly at par with the former New York mayor on money raised.

McCain reported $13 million in contributions for the primary election. Romney, the fundraising leader, collected $20.7 million and Giuliani raised $13.6 million for the primary. Romney reported having $11.9 million in the bank and Giuliani had $10.8 million.

Read more: http://apnews.excite.com/article/20070414/D8OGMIM80.html