cap on private fundraising already has kicked in (see below: "Because McCain opted into the public finance system, August was the last month he could raise private funds.") But Obama's campaign fundraising has no cap. Thus any day on which McCain can trick Obama into not raising funds is a great day for McCain.
IMO McCain wants to stave off a gap in ability to saturate the media with targeted ads during the last week of the campaign.
What do you think?
From
http://www.opensecrets.org/news/2008/09/obama-and-mccain-end-summer-strong.html"Strong Summer End for McCain and Obama
Published by Lindsay Renick Mayer on September 22, 2008
"... midnight on Saturday was the deadline for the presidential hopefuls to report their August fundraising totals. Barack Obama reported a record $64.6 million, while John McCain raised his own personal best at $55.9 million (including money to his compliance committee, established to help him navigate the public financing system). In total, Obama has raised $454 million to McCain's $230 million.
Because McCain opted into the public finance system, August was the last month he could raise private funds. He entered September with $36.4 million in the bank. He also spent nearly all that he had raised for the month, at $52.3 million. Because of public funding, he'll now have a spending cap of $84 million. Obama started September with $77.4 million on hand after spending $53.1 million in August. ..."