Updated Tuesday, April 22, 2008 0:00 am TWN, By JIM KUHNHENN, AP

McCain ends March with nearly US$12 million

WASHINGTON -- Sen. John McCain reduced his spending and paid off debts in March after locking up the Republican presidential nomination. He ended the month with US$11.6 million (euro7.35 million) in the bank, according to financial reports filed Sunday.

The Arizona senator raised US$15.2 million (euro9.63 million) in March, his best fundraising performance of the campaign. His finances still significantly trail Barack Obama and Hillary Rodham Clinton, the two Democrats in the race. Presidential candidates have until midnight Sunday to submit their March reports. Obama and Clinton aides say they would file later in the day.

Obama’s campaign has said he raised US$40 million (euro25.35 million) in March, bringing his total so far in the campaign to about US$234 million (euro148.29 million).

Clinton aides say she raised US$20 million (euro12.67 million) for a total of more than US$175 million (euro110.9 million) during the entirety of the contest. McCain has raised about US$75 million (euro47.53 million) since he began running last year.

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