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Friday, July 25, 2008

FEC Report: John McCain's Campaign Finances

  This is an interesting look at the John McCain campaign money trail. So just what is the McCain camp doing with its cash? Follow me...

SUMMER 2007 REPEAT? The McCain campaign’s balance sheet is starting to bleed red ink and look like it did last summer. Spending skyrocketed in June to $27 million, and the campaign spent $4.8 million more money then it took in, including the cash from its joint fundraising committees.

BLOAT SHOWING? The latest filing shows twenty-five staffers (not counting any consultants) taking home more then $7000/month after taxes, likely meaning more $10,000 a month each. Seven are taking home more then $9,000/month after taxesMore

  Here is just a snapshot of where John McCain is getting his cash from...

   Another $100,000 From Lobbyists, For A Total Of $774,735 From 525 Federal Lobbyists Since 2007. In June 2008, McCain’s campaign collected $99,220. $57,595 of this total was collected by the campaign (from 54 lobbyists, 32 of whom had previously given). $41,625 was directed to the McCain campaign through the Victory Fund; these contributions came from 49 lobbyists, 20 of whom had previously given.       McCainpedia

   Go here here to check out what sectors are giving how much to the McCain clan.

   The following are the top donators to the campaign.

  • $191,895 From “Mega-Lobbyists” Representing Multi-National Companies In More Than One Sector.
  • $80,426 From Energy Lobbyists.
  • $66,530 From Telecom Lobbyists.
  • $60,540 From Financial Services Lobbyists.

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