John McCain has only $2 million cash on hand, according to his Q2 filing.
That’s not enough money for McCain to pay his own staff. The AP reports that the “restructuring” has begun in earnest:
More than 50 staffers, and perhaps as many as 80 to 100, were being let go, and senior aides will be subject to pay cuts as the Arizona senator bows to six months of subpar fundraising, according to officials with knowledge of the details of the shake up. They spoke on condition of anonymity because the campaign would not publicly discuss details of the restructuring.
This is really, really bad news for McCain.
Something to say?
