Obama raises $52 million in June; Republicans maintain cash advantage - - UPDATE
Barack Obama’s campaign reported raising $52 million in the month of June, the second highest one-month total in history. Campaign manager David Plouffe stated that the campaign has $72 million cash on hand. And while fundraising has been sluggish for John McCain, the Republican National Committee has a lot of cash. The McCain campaign reports that combined the two entites have $93 million in the bank. Said Plouffe, “McCain and the RNC together still have a huge cash advantage.”
UPDATE: Chris Cillizza of the Washington Post puts Obama’s fundraising numbers into current and historical context. It’s worth a read.

