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McCain camp raises $22 million in June

Republican John McCain raised more than $22 million in June, his best fund-raising performance of the year, and he ended the month with nearly $27 million in cash on hand, his campaign announced yesterday.

Republican John McCain raised more than $22 million

in June, his best fund-raising performance of the year,

and he ended the month with nearly $27 million in cash on hand, his campaign announced yesterday.

Campaign manager Rick Davis said McCain and the national Republican Party together entered July with about $95 million in the bank. The Republican National Committee, which has been raising money jointly with McCain, collected nearly $26 million in June and had nearly $69 million on hand, officials said.

Davis said about half of its income had been spent on television ads. His Democratic opponent, Barack Obama, has not revealed his June fund-raising.

- AP

Clinton and Obama join for fund-raisers

Sen. Hillary Rodham Clinton helped former rival Barack Obama fill the coffers of his presidential campaign, raising about $4.1 million at one event in New York on Wednesday night and more than $500,000 yesterday.

About 125 donors gave $33,100 each for an event Wednesday at the Loews Regency Hotel. Yesterday morning, Clinton and Obama attended a women's breakfast at the New York Hilton, where tickets ranged from $250 to $2,300 and the hosts raised as much as $23,000 each.

Obama has held seven fund-raisers this week. The events follow his decision June 19 to decline $84.1 million in taxpayer funds for the general election.

- Bloomberg News

McCain economic adviser: 'A nation of whiners'

John McCain distanced himself yesterday from an economic adviser who dubbed the United States "a nation of whiners" in a "mental recession."

"I strongly disagree" with Phil Gramm's remarks, McCain told reporters in Belleville, Mich. "Phil Gramm does not speak for me. I speak for me."

McCain said a person who just lost a job "isn't suffering from a mental recession. America is in great difficulty. And we are experiencing enormous economic challenges as well as others."

Gramm, a former Texas senator who is a vice chairman of the Swiss bank UBS, made the remarks in an interview with the Washington Times. Gramm has a doctorate in economics.

In Virginia, Obama seized on the comments. "Let's be clear," he told a town-hall event. "This economic downturn is not in your head."

- AP