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I guess that this is the end of the Mcain for President.
Written by GussSen. John McCain’s presidential campaign spent more than it raised from April through June, leaving him financially strapped with $3.2 million cash on hand and a $1.8 million debt, according to a report filed Sunday with the Federal Election Commission.
Hindered by unpopular stands on the war and on immigration, McCain raised $11.26 million in the second quarter, short of his first quarter donations. He spent $13 million. Overall, McCain has raised $25 million so far in his campaign and spent $22 million.
McCain, the senator from Arizona, upended his campaign organization last week as his financial straits became apparent. His campaign manager, Terry Nelson, left and his longtime strategist, John Weaver, resigned. The repercussions caused changes down the chain of command.
