Straight Talk America, Sen. John McCain's leadership political action committee, is in debt more than $150,000 and has less than $3,000 cash on hand, Congressional Quarterly reported yesterday on its Political Money Line website.
Most of the candidates for president in the 2008 election have similar leadership committees--not to be confused with the funds they have for their own campaigns--that they use to provide funding to other candidates to help build support, among other activities. Here's a list of other leadership PACs that are associated with major 2008 candidates. Three of the six have not yet filed reports for 2007, according to Political Money Line.
CandidateLeadership PACBeg. Cash2007 Rcvd.2007 Distrib. On HandBarack Obama-- (D) Hopefund $809,966 n/an/a$809,966Mitt Romney -- (R) Commonwealth PAC $546,537 n/an/a $546,537Rudy Giuliani -- (R)Solutions America $477,059$19,588$68,946$427,701Hillary Clinton -- (D)HillPAC $67,523n/an/a$67,523John Edwards -- (D)OneAmerica$8,492$125,200 $130,759$2,933John McCain -- (R) Straight Talk America$33,387$88,695$119,289 $2,793