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Rivals spend

$3 million a day

Democratic presidential nominee Barack Obama reports spending more than $53 million in August and ends the month with $77 million in the bank.

Obama outraised and outspent Republican rival John McCain, according to reports filed Saturday with the Federal Election Commission. McCain reports raising $47 million to Obama's $65 million. McCain spent $41 million in August – his most exorbitant month so far.

McCain also reports raising more than $9 million in the three days after he announced his selection of Alaska Gov. Sarah Palin as his running mate on Aug. 29.

Advertising accounted for more than half of each campaign's expenditures. Most of that money was spent in about a dozen states considered crucial to win the presidential contest.

Together, both campaigns spent nearly $94 million in August, a record rate of $3million a day. Associated Press

Palin to meet with Karzai in New York

Sarah Palin is scheduled to meet with Afghan President Hamid Karzai next week in New York, campaign officials said Saturday. Karzai and other world leaders will convene in New York for the opening of the U.N. General Assembly.

Both John McCain and Palin planned to be in New York during that time, in part so McCain can introduce the Alaska governor to the foreign dignitaries. Associated Press

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