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John McCain may lag in money, but RNC out-raises the DNC by 5 times

Led by chairman Mike Duncan, the Republican National Committee ended May with 13 times more money in the bank than its Democratic counterpart and raised five times as much money in the same time frame.

As The Times' campaign finance guru Dan Morain points out, the sums are significant as presumptive Republican nominee Sen. John McCain squares off against the far more richly funded Sen. BaraRepublican National Committee chairman Mike Duncan who's leading a successful fundraising drive for GOP presidential nominee John McCainck Obama for the last 136 days of the general election campaign.

Based on the numbers so far, the Republican Party appears poised to act as the financial equalizer in the fall campaign. The RNC disclosed that it ended May with $53.5 million in the bank, compared to $3.9 million for the Democratic National Committee, which is headed by Howard Dean.

Thanks to the continuing GOP popularity and fundraising attraction of President Bush, the RNC continued to vastly out-raise the Democratic Party, amassing $24.4 million just in May.

Of that, it raised $7.1 million in small donations of $200 or less, the so-called unitemized receipts. The RNC raised more in small increments than the DNC’s total take in May of $4.8 million.

McCain himself reported raising slightly more than $21 million on his own, roughly the same as Obama, whose monthly money haul fell by $11 million in May.

Now that Obama has rescinded his signed promise to accept public funds, he's hoping for a substantial dollar boost from onetime supporters of his opponent, Sen. Hillary Clinton.

--Andrew Malcolm

Photo credit: Republican National Committee

 
Comments () | Archives (44)

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Excellent! Dfeating the Democrats is imperative to a better, stronger and less racist America.

Obama did not sign any agreements saying that he would absolutely accept public funding... at least not that I can find. Perhaps the LA Times is in the business of publishing articles that aren't based on fact or research. Or maybe it's just Andrew Malcolm?

Of course, Andrew Malcolm still thinks President Bush is popular.

No offense meant, but if you're going to make things up, at least try to make it sound believable.

"Thanks to the continuing popularity and fundraising attraction of President Bush"

Did the RNC write this article? Bush's approval rating is at 29% (a historical low) and McCain has been trying to avoid Bush fundraisers.

When you consider that the Democrats' constituency mostly consists of uneducated people whose main attraction to the platform is more welfare, it's understandable that they raise less...

I donated to Obama camp bc I can't stand Hillary. And gender has nothing to do with it. If Obama cannot defeat McCain, then this country deserves a third Bush term. My $25 ain't gonna make any difference. Besides, whoever the next president may be, corporate America still runs your life. I wish people will challenge me with a bet on this, and I sincerely hope I would lose.

Last I heard the DNC was whipping the RNC's pants when it came to fund raising. I find this information dubious. I would like to see the source that proves this.

The RNC or someone very close to them must have penned the above piece.It has their fingerprints all over it.I think we are going to see another Hilllary type campaign albeit on a much nastier and bigger level- what does it matter? The end game will be the same- Likely victoryfor Obama. Americans want change. That is all!

Excuse me, did I miss something? Has the RNC flunked math, or is the LA Times merely reprinting their press releases? Since when has President Bush been popular?

It should be horriifcally obvious by now to all in the DNC save the Kool-aid drinking ObamaNation, that Rove and the GOP were behind Obama's massive fundraising efforts and record breaking amounts FROM DAY ONE because they had no wish to run against Hillary Clinton who would have beat any GOP candidate to a bloody pulp (as all polls prior to Obama clearly showed).

Now that Obama is the "can't-win" candidate the GOP's created with GOP "switching" "voters" in the caucuses and primaries (who will be voting for McCain in November) all that decoy money that was going to Obama is going to McCain, Hillary supporters are NOT GIVING A SINGLE PENNY to the DNC, and they're eating it.

WE TOLD YOU SO, you fools.

This is your deathbed DNC; YOU lie in it.

As for 90% of Hillary supporters? We're voting McCain and a straight GOP ticket in November to ram your idiotic politically suicidal failure right down your throat. Eight years of Bush-Cheney wasn't enough apparently for you to pick the only candidate that could win and go with a completely unvetted black Kerry. Now THAT'S genius.

Barack Obama for President of the UNITED States of America.

hoq... If you really believe what you said then you have lost (or never had) any grasp of reality. Almost as much as some of the claims in this article.

All the money they raise does not mean one bit of beans to anything! They both still do not address the simplest of issues and are both just the continuation of the status quo that must go! The States are waking up! They may all decide soon that the Government is not the solution but is the problem! So take your millions and frankly stuff it where the sun does not shine! McBush is a joke! Obama is emty platitudes! One wants a socialist State the other a Police State great choice either way we as Americans are finally waking up to the fact that the proganda is powerful and are very smart and this money just ensures continuation of the same!

"When you consider that the Democrats' constituency mostly consists of uneducated people whose main attraction to the platform is more welfare, it's understandable that they raise less..."

Such broad, sweeping comments like that expose just how uneducated some conservatives truly are. Why not use a little critical thinking, hoq. You argument makes absolutely no sense when you see just how much Mr. Obama has raised overall. Even Hillary Clinton had low fund raising months that topped the best of what John McCain has been able to do thus far.

Obama did go back on his word regarding public campaign financing -- the NY Times and most other outlets have explicitly said so.

Asked last September on a questionnaire from the Midwest Democracy Network whether he would "participate in the presidential public financing system" if his "major opponents agree to forgo private funding in the general election campaign," Obama checked the box marked "yes."

McCain in March had already verbally pledged to accept public funds.

This is the best reason I can think of to vote Democratic.

Why is that extremists on both sides of the isle continue to lie and practice name-calling?

To Andrew Malcom, shame on you for ignoring the basic fact that Bush is less like than Nixon. I know that the point you are making that he can still generate funds out of his supporters, but come on?

To HOQ. The internet's ability to let you be anonymous allows you to make ignorant statements. I am a libertarian and would love to see people like you go out in the desert and annihilate yourself. Let the rest of go on about in peace and make a living.

Bush's approval ratings may be low but the approval ratings of the Democratically controlled Congress are even lower. Funny how the liberal press never seems to mentilon the abyssmally low approval ratings of Congress.

The continuing popularity of President Bush? What universe does this guy live in? And what agreement did Obama sign? The Republicans are just outraged because now Obama's hands won't be tied like John Kerry's were in 2004 and he will actually be able to fight their despicable lies.

Obama '08

It will be a landslide victory for Obama. The republicans are tired of their dubya, McCain is old and his rhetoric is tired. Who are ya trying to kid about RNC outperforming the DNC in fund raising. Obama need not worry, he's 15 percentage points ahead of McBush, and has lotsa money in the coffers.

This article's authors must be living in some kind of bizzaro parallel universe.

Beside the open bias, I really like the subtle way he represents the fund raising capabilities. McCain and Obama raised the same amount of money, yet reading the paragraph above, it appears that McCain raised those 20 mio, while Obama's contributions just fell.

Nicely done, author, but please quit your job at this newspaper. You're annoying.

"Thanks to the continuing popularity and fundraising attraction of President Bush".

Is this article from the Onion? Are you trying to be sarcastic? If you say to any of the questions, I can totally understand.

But otherwise, are you serious?

Well, you can expect the RNC to raise a reasonable level of money, since the demographics of Republicans consist of a few vultures like Carl Ichan and a lot of naturally unemployed like "hoq".

Commenter "hoq" surfs comments as he listens to talk radio by day and watches murdoch by night, all while he gets some portion of Republican's huge government spending spree. I would love to see the actual gap between the Kudlow cigar smokers and the Republican naturally unemployed.

"When you consider that the Democrats' constituency mostly consists of uneducated people whose main attraction to the platform is more welfare, it's understandable that they raise less..."

So you think republicans somehow have a monopoly on the educated class? Prove it. When you are done proving it, reconcile the fact that Obama has raised tens of millions more than McCain. Goodluck.

I will be sending my financial support to Barack Obama. We must get him into office. We can not endure 4 more years of a Bush Administration. Our economy is falling apart. Republicans are so wealthy that they do not have to worry abouth healthcare, tuition, high gas prices, etc. The Republicans just pay all expenses straight from their wallets. Most Americans can not afford to pay expenses from their wallets. They have to purchase health insurance, take out loans for tuition, decide to fill the gas tank or forego food on the table, etc. By the way McCain has some nicknames, McBush and Bush Lite. No more Bush!

John C. Obama vowed repeatedly, on tv and in print, to use this financing. If you would like the info and links it was all over the web two days ago. Maybe you should get out of the echo chamber every once in a while. If you would like some directions I recall that Koppelman at Salon had an article which linked to the info, amongst many others.

as to W being popular I agree, a bit of a stretch, but the guy can still raise money apparently.

Are you kidding me? Have you seen the southern Republican user base? Give me a break! A bunch of inbred hill billies!

Since McCain has already left complying with campaign finance laws behind, given his two-step shuffle on campaign loans, Obama had little choice other than to ditch the system. If it can't preclude clever game playing on McCain's part, why stay with it?

This just goes to show that the Republicans know how, when and what quality product to spend their money on. Obama is begging for MORE money; since he's raised more than any other candidate in history, is he not spending his money wisely? What would he do with all our tax money if he (heaven help us and and the saints pray that this does not come to be) became the nation's leader? He'd tax, tax, tax, tax, tax, tax, tax, tax and continue stealing out of our family budget until no one would have any thing to speak of. He is a radical

John C, your comment. Even tho Obama did not sign an agreement, he spoke the words. Is a man's words no longer no good? Apparently not Obama's. He's a silver tongue liar in a big way.

The Republican party has paraded their deep corruption, and twisted policies for the last eight years. The public has been fed up with these policies and want change. Republican lobbyists see this in the polls and will most likely write off the White House this year, and focus all their corrupting influences on the house and senate races.
John Mcain is left to change many of his views to tow the party line if he wants access to the lobbiysts ATM. The Democrates play the same game, they only smile more and drive green cars. All in all the majority of the population have more suffering to endure before the stench of this corruption forces them to turn off the American idol and the Football, and use their Democracy before it's too late.

I hope the republicans continue to raise a lot of money. Barack Obama is a racist and will continue dividing the races. He said he would bring all people together but he has brought up race, ( him being black ) twice this past week. His supporters are blind and refuse to see this man's lack of any kind of leadership. He changes his word every day and forget what he said the day before. Obama also appears confused about what a president must do to protect this country from our foreign enemies. Block Obama, vote for the better man, John McCaine.

The Republican Party consists of self-interested educated professionals who shirk any social responsibility towards their fellow man and woman, as well as uneducated religious ideologues.

The Democratic Party consists of socially responsible educated professionals, as well as uneducated blue collar workers who want the government to hand them a better deal.

Picking your poison is your right as an American. I'll pick the Democratic Party, even though in a better democracy (like a parliamentary one) there would be a party that represents socially responsible educated professionals exclusively (like the Greens and Social Democrats of European countries).

NObama....NOmIchelle...NOgeorge Soros

Larry Clifton and Hoq must come from the same "Trailer Park" and are both delusional and intoxicated. They both have to be brain impaired to believe that the Republicans can somehow make this country stronger, better and less racist as Larry Clinton stated. Hoq, look at the economical mess we are living in caused by, (Duh!) the Republicans. I will not even diginify your "less racist" statement by addressing it. I'll just say to you that, "your slip is showing"and you must live in a fantasy world. And you Hoq, your slip is showing too, when you state that "Democrats consist mostly of uneducated people whose main attraction is more welfare". Hoq, have you been in a constant stupor, just sitting in your trailer drinking rot gut? You'd have to or other wise you would be aware that a great deal of Democrats who voted for Barack Obama are intellectuals, already college educated and/or pursuing college educations. Come now, wishful thinking and delusional comments will get you nowhere. You recognize and I realize that it will be the Democrats, (Obama), that will pull this country up off its knees, where the Republicans have put it. With that said, "Obama 08'.

See, this is why I think it might have been short-sighted for Obama to reject federal funding. If he took the federal option, his donors would simply defer to the DNC. Alternately, that's WHY their fundraising numbers won't go back up. Those millions from the feds would have still been money in the bank, since the DNC can spend for Obama's election. This hurts their Senate and House efforts, being that out-raised.

- Obama 2007

"In February 2007, I proposed

a novel way to preserve the strength of the public financing system in the 2008 election. My plan requires both major party candidates to agree on a fundraising truce, return excess money from donors, and stay within the public financing system for the general election. My proposal followed announcements by some presidential candidates that they would forgo public financing so they could raise unlimited funds in the general election. The Federal Election Commission ruled the proposal legal, and Senator John McCain (r-AZ) has already pledged to accept this fundraising pledge. If I am the Democratic nominee, I will aggressively pursue an agreement with the Republican nominee to preserve a publicly financed general election."

http://www.commoncause.org/atf/cf/%7Bfb3c17e2-cdd1-4df6-92be-bd4429893665%7D/MDNNATIONALRELEASE.PDF

http://www.commoncause.org/atf/cf/%7BFB3C17E2-CDD1-4DF6-92BE-BD4429893665%7D/OBAMAPLEDGE.PDF

Once more, the Republicans have outwitted the dimwitted Democratic Party.

I'm seriously liking their craftiness! As a Hillary supporter, there is NO way Obama is getting a cent from me. Nor is he getting my vote.

If Obama is counting on Hillary supporters to inflate his war chest for November, he is in for a rude awakening on two fronts... money & votes!

For the first time, I will vote Republican and enjoy doing it! I'm all for lower taxes. And yes, Obamabots, you may be right, I probably was a Republican all along and didn't realize it. It took an audacious, pompous, arrogant empty suit to jolt me into reality!

John McCain is A Leader We Can Believe In! And he's original!

http://www.womenforjohnmccain.com/

I agree with Lisa, no one seems to report the ratings for the vaunted Domocrat Congress, which are worse than Bush's ratings. The Democrats are a universally unimpressive lot who simply cry and point their finger in every direction but their own.

How much was the price of gas BEFORE the Democrats took over both the House and Senate? How much is it now after Congress REFUSES to let us drill in our own back yard? Why wouldn't the price keep going up, Congress keeps telling the world we will continue paying the price is rather than use our own resources. What happened to Nancy Pelosi's grand claims of a Democrat led Congress?

New Gallup poll out 6/25
McCain has CAUIGHT OBAMA

SORRY LIBS!!!

Just want to clarify the unpopularity of Bush. We all agree the country is probably split 50 -50 or darn near close as has been shown in the past elections. With that being said, 50% of the country should support Bush, however only about 60% of those support him.giving him an overall popularity of only about 30%. What liberals fail to realize is that we aren't unhappy because he didn't follow the liberal way of politics but because he had the congress and did not push the republican agenda and close the deal. Also many of the 40% of the 50% are unhappy with him about the war - not that it was fought but because he did not execute it properly. Be aware that the country is still 50% right of center. I also believe that the Hillary supporters who people think are mad because they are strong supporters of women fail to realize that some of these democrats chose her because she was so far right of the socialist Obama. He can appeal to women's rights all he wants but they voted for her because they believed she would protect us and know that McCain will too. A lot of her appeal was "ready on day one". No one else can fulfill those requirements but McCain.

something you libertarians should consider as you sling your trash about, is the fact that many people out here are still undecided. This makes it possible for some of these disenfrandised voter to vote for the thrid person on the ticket. You are not helping your party by bashing the very people you need to win over. This is a stupid way to gain support for your party and maybe this is why your party never gets anywhere.

"Larry Clifton and Hoq must come from the same "Trailer Park" and are both delusional and intoxicated. They both have to be brain impaired to believe that the Republicans can somehow make this country stronger, better and less racist as Larry Clinton stated."

The above comments, posted by a darling Democrat named Patricia, is typical of too many liberal Democrats. They lack tolerance for any view that opposes their own. Patricia, because she considers herself a loyal Democrat, believes Republicans are drunk, delusional, and live in trailer parks.
If I were bettting on it, I would wager that my income produces more tax revenues for governments than Patricia's does. That's funny. For all I know, Patricia is about one subsidy check away from povetry and doesn't understand why.

Memo to Patricia: You need to get youself a strong cup of coffee and look around. Do you actually believe the slums are full of Republicans? Do you think the "hood" votes Republican? Do you actually believe that you need to fear Republicans because they are more likely to commit violent crimes? Do you, through some twisted logic, believe that Democrats pay more taxes into our social programs? Don't you understand that your precious congressional Democrats voted against the 1964 Civil Rights Bill than in much higher percentages than Republicans. Do you know that Abe Lincoln was a Republican? Do you know anything other than what CNN told you last week, or what this liberal fish-wrapper prints?
Your comments are darkly shaded by ignorance - but I appreciate your sharing them and would defend your right to. Perhaps that's the biggest difference between today's so-called liberals and conservatives.

Value of donations from major U.S. corporations to right wing candidates: Millions of dollars.

Value of donations from foreign corporations and/or governments to right wing candidates: Millions of dollars.

Value of being able to buy an election victory: Priceless!

Non-disclosure has its privileges.


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About the Columnist
A veteran foreign and national correspondent, Andrew Malcolm has served on the L.A. Times Editorial Board and was a Pulitzer finalist in 2004. He is the author of 10 nonfiction books and father of four. Read more.
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