Monday, July 02, 2007

McCain Campaign Shake-Up: Just $2 Million Cash on Hand

WASHINGTON (AP) -- Republican John McCain reorganized his campaign Monday, cutting staff in every department as he raised just $11.2 million in the last three months and reported an abysmal $2 million cash on hand for his presidential bid.

50 or more staffers are being let go, and senior aides "will be subject to pay cuts."

Manager Terry Nelson: "We confronted reality and we dealt with it in the best way that we could so that we could move forward."

The beginning of the end?

1 comment:

Matt said...

In answer to your question at the end of your post, yes. Out by September or October I'd bet.