From the San Jose Mercury-News:
McCain campaign has only $2 million
IMMIGRATION BILL KILLS DONATIONS
By Carl Hulse and Adam Nagourney
New York Times Article
The presidential campaign of Sen. John McCain, the Arizona Republican who once seemed poised to be his party's nominee, acknowledged that it was in a political and financial crisis as a drop in fundraising forced it to dismiss dozens of workers and aides and retool its strategy on where to compete.
The campaign said the decline in contributions had left it with $2 million. It said it had raised just $11.2 million over the past three months, despite McCain's pledge to do better than his anemic $13 million showing in the first three months of the year.
McCain's advisers laid blame for his most recent spate of problems on his close association with the recently defeated immigration bill, which prompted a sharp backlash against his campaign from conservatives already skeptical of his ideological credentials.