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McCain, Helped by Republican Party, Has More Money Than Obama By Jonathan D. Salant and Kristin Jensen June 21 (Bloomberg) -- John McCain, who was outraised by a 2-1 margin by Barack Obama during the presidential primaries, entered June with almost as much money as the presumptive Democratic nominee. When combined with the Republican National Committee's bank balance, McCain, the presumptive Republican nominee, had more money to spend than Obama during the three months leading up to the national party conventions. McCain, an Arizona senator, had $31.6 million as of May 31, compared with $33.3 million for Obama, Federal Election Commission records show. The RNC had $53.5 million to just under $4 million for the Democrats. The party committees act as shadow campaigns, concentrating their efforts on backing the presidential candidates. Obama, 46, and Democratic fundraisers have turned their attention to filling the DNC's coffers now that the Illinois senator has secured the...
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