McCain raises more than $21 mn in June, spends more than he raises
Republican presidential candidate John McCain reports raising more than $21 million in June and spending nearly $26 million, according to filings with the Federal Election Commission.
McCain spent more than $16 million on advertising during the month, five times more than he spent in May, when the Democratic presidential primary was still being contested by Barack Obama and Hillary Rodham Clinton. Obama clinched the Democratic nomination on June 3.
McCain also increased his spending on payroll in June by 9 per cent to nearly three-quarters of a million dollars a month.Overall, McCain's spending, more than twice what he spent in May, exceeded his fundraising in June by more than $4 million. June was the best fundraising month of the Arizona senator's campaign.
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