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McCain Raises Record $47M In August

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Sep 1, 2008 3:56 pm US/Eastern

McCain Raises Record $47M In August

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ST. PAUL, Minn. (AP) ―

Click to enlarge 1 of 1: Republican presidential candidate John McCain waves to supporters after securing the GOP nomination on March 4, 2008, in Dallas, Texas.
Timothy A. Clary/AFP/Getty Images

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Republican presidential candidate John McCain has raised at least $47 million in August.

It is his biggest haul of money so far and a sign that he is dispelling doubts about his campaign among donors.

A McCain official says the campaign raised $10 million since McCain announced Alaska Gov. Sarah Palin as his running mate on Friday. Palin has emerged as a popular vice presidential candidate among social conservatives who have held McCain under suspicion.

Another campaign official said the Republican Party and the campaign will have between $224 million and $240 million available next week going into the fall campaign, including $85 million in public funds that McCain will receive after he officially becomes the Republican nominee.