McCain Money News Roundup for Oct. 22, 2008
Sarah Palin’s understated yet sharp fashion sense has won some attention since John McCain tapped her to be his vice presidential running mate. But it turns out that signature Palin look is courtesy of the Republican National Committee, which, as Politico’s Jeanne Cummings reports, has shelled out $150,000 to dress and accessorize not only Gov. Palin, but her family as well.
As Cummings writes, “The cash expenditures immediately raised questions among campaign finance experts about their legality under the Federal Election Commission’s long-standing advisory opinions on using campaign cash to purchase items for personal use.”
Meanwhile, it looks like the RNC’s main fundraising go-to guy, President Bush, is losing some of his potency. Politico’s Ryan Grim reports that Bush has pulled in “$40 million less than he raised last cycle and $4 million less than Barack Obama raised last month.”
Barack Obama’s $150 million September continues to attract coverage. Today, The Washington Post’s Matthew Mosk and Sarah Cohen point out that only a quarter of the $600 million Obama has raised actually came from people who have donated less than $200 – a reflection of the fact that big money is still essential for anyone seeking high elected office.
Finally, two editorial today – in the Philadelphia Inquirer and The Washington Post – both signal that Obama’s haul confirms that it’s time to fix the public financing system, and that it’s up to the next president to lead the way.
Tags: Bush, fundraising, McCain, Obama, Palin, public financing, Republican National Committee