Despite a budget of only $47 million for October — compared with the $150 million raised last month by Obama‘s camp alone — John McCain‘s campaign manager insists that he still has the resources to wage an effective campaign, USA Today reports.

“McCain campaign manager Rick Davis vowed that the GOP presidential nominee has the resources — combined with aid from the Republican National Committee (RNC) — to wage an effective ad campaign and get-out-the-vote effort in the states won by President Bush in 2004 and 2000. McCain also plans to compete in Pennsylvania and New Hampshire, both won in 2004 by Democrat John Kerry.

“”We’ve got to win one of the three or four big states in play or a combination of any two of the littler ones,” Davis said. Campaign spokesman Tucker Bounds added Virginia, North Carolina and Nevada — where Obama is running aggressively — “will not be taken for granted” by McCain.”

Read the full story here.

Peter Fray

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