McCain Shakes Up CampaignKeep reading at breitbart.com
Jul 2 02:28 PM US/Eastern
By LIZ SIDOTI
Associated Press Writer
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.
"We confronted reality and we dealt with it in the best way that we could so that we could move forward," Terry Nelson, McCain's campaign manager, said.
Once considered the front-runner for the GOP nomination, McCain trails top Republican rivals in money and polls.
Some 50 staffers or more are being let go, and senior aides will be subject to pay cuts as the Arizona senator bows to six months of subpar fundraising, according to officials with knowledge of the details of the shake up.
McCain's tally in the second financial quarter, which ended Saturday, is expected to lag those of Mitt Romney and Rudy Giuliani, who have not yet released their totals. In the first quarter, McCain came in third and raised just $13.6 million.