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The Corner
President-elect Barack Obama may not have seriously vetted New Mexico Gov. Bill Richardson (D) for his selection as Commerce secretary, Byron York proposes after reading a Washington Post report that Richardson downplayed the significance of the investigation that led him to withdraw his name. ... READ MORE

Daily Kos
Democrat Al Franken is playing it safe by staying in Minnesota after declaring victory over incumbent Sen. Norm Coleman (R-Minn.), but that's not enough to keep RNC Chairman Robert "Mike" Duncan from accusing him of stealing Coleman's Senate seat through ... READ MORE

Townhall.com
Caroline Kennedy's Senate campaign has tanked, Amanda Carpenter proclaims after a new Public Policy Polling survey reported that 44 percent of New Yorkers have a "lesser" opinion of her than before she announced her desire to fill Sen. Hillary Rodham Clinton's (D-N.Y.) ... READ MORE

Firedoglake
Though Sens. Dianne Feinstein (D-Calif.) and Jay Rockefeller (D-W.Va.) may have protested the pick, former White House Chief of Staff Leon Panetta will serve the nation well as CIA director, Attaturk proposes, noting Panetta's rejection of torture. Lisa Derrick, meanwhile, calls Levi Johnston, ... READ MORE

RedState
It's not hard to understand why President-elect Barack Obama would pick former White House Chief of Staff Leon Panetta, who has no direct intelligence experience, to head the CIA, given that Obama himself won the White House with no executive ... READ MORE

TalkingPointsMemo
President-elect Barack Obama and his team may have made a mistake by not calling Sen. Dianne Feinstein (D-Calif.), the incoming head of the Senate Intelligence Committee, to tell her that former White House Chief of Staff Leon Panetta would be ... READ MORE

Power Line
President-elect Barack Obama's decision to tap former White House Chief of Staff Leon Panetta, who has no direct intelligence experience, as head of the CIA may have cemented the agency's role as a political entity rather than an intelligence-gathering one, Paul ... READ MORE

MyDD
Though President-elect Barack Obama is taking some criticism for naming former White House Chief of Staff Leon Panetta--who has no direct intelligence experience--to head the CIA, it should be noted that several of his predecessors at the agency similarly lacked ... READ MORE

The Huffington Post
The Huffington Post's banner headline this morning tells readers that President-elect Barack Obama, by picking former White House Chief of Staff Leon Panetta and retired Admiral Dennis Blair to serve as head of the CIA and director of national intelligence, has made ... READ MORE

Drudge Report
The Drudge Report leads with a photo of storm clouds over the Capitol and a story telling readers that the Senate, on its first day of work in 2009, faces controversy over whether former Illinois Attorney General Roland Burris and comedian Al ... READ MORE

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May 27, 2008

Fiorina: McCain and RNC Have More Money Than Obama And Dems

@ 9:59 am by Walter Alarkon

Pushing back against suggestions that Democrats are raising far more money this year than Republicans, John McCain's advisers are now touting a cash-on-hand advantage.

McCain adviser Carly Fiorina stressed in a CNN interview Tuesday that McCain has more than $60 million in cash on hand while Barack Obama has about $50 million. That number, however, only includes the money that the Republican and Democratic national committees raised. Fiorina said that much of the RNC money will go toward the presidential race.

According to the latest federal campaign finance reports, McCain and the RNC have about $55 million in cash on hand, with McCain providing $24 million of the total. Obama and the DNC have $51.8 million, with Obama providing $46.5 million of the total.

Fiorina dismissed a question by CNN's John Roberts over why Republican candidates don't have the fundraising advantage over Democrats that they had in past years.

"Well, I hate to keep correcting you, but in truth the RNC is raising money very specifically for the presidential campaign," she said.

Republican congressional committees, however, are lagging far behind their Democratic counterparts. The GOP House and Senate campaign committees have just $24.4 million on hand while the Democratic ones have $82.1 million. Both congressional committees and presidential campaigns have drawn from their respective parties' national committees in past elections.

See Fiorina's interview below.

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