McCain Plays Catch-Up in Fundraising Race

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Sen. John McCain, once considered the front-runner for the Republican presidential nomination, has slipped in the polls and in money raised. He badly trailed Mitt Romney and Rudolph Giuliani in fundraising for the first quarter of the year.

Now, with the second quarter quickly coming to a close, McCain is frantically trying to raise as much cash as he can, if for nothing else but to show that he is still a major player.

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