McCain Was Running On Fumes Before Primary Wins

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McCain won with message, not money. I guess he really is the comeback kid after all.

From TPM:

The McCain campaign filed their year-end fundraising report with the Federal Election Commission yesterday — and it shows just what dire straits he was in before he proceeded to win New Hampshire, South Carolina and Florida.

McCain took in just under $10 million for the fourth quarter of 2007, but spent slightly more than that in the same quarter. McCain ended the year with only $2.95 million cash on hand, and $4.52 million in debts. In short, it appears that McCain is on the verge of clinching the nomination despite the fact that he was broke just before voting began.

I doubt he’s having problems raising money now…