That’s a huge disappointment.
A McCain release (via Hotline) reads:
During the first quarter of 2007, John McCain 2008 campaign received nearly 60,000 contributions from all 50 states, averaging $200 per contribution. The McCain campaign will report over $12.5 million in contributions for the first quarter.
Campaign Manager Terry Nelson said, “Although we are pleased with the organization we’ve built and polls show us strongly positioned in key primary states, we had hoped to do better in first quarter fundraising. We are already in the process of taking the necessary steps to ensure fundraising success moving forward.” Nelson added, “Fundraising in the first quarter is no more important than fundraising throughout the entire primary election campaign.”
