McCain has $47 million to spend in October

WASHINGTON (AP) -- Republican presidential candidate John McCain reports spending $37 million in September and has $47 million for the campaign in October.

McCain's monthly financial report filed with the Federal Election Commission shows he had $47 million in the bank at the start of October. McCain is no longer raising funds because he is participating in the presidential election public financing system. That restricts his spending to $84 million between early September and Election Day Nov. 4.

McCain's numbers stand in sharp contrast to those of Barack Obama, his Democratic rival. Obama is not participating in public financing and raised a record-shattering $150 million in September.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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