Republican presidential nominee Sen. John McCain addresses a campaign rally at the Raymond James Stadium parking lot in Tampa, Florida.[Chip Somodevilla/Getty Images/AFP]

The latest polls show Obama is holding a solid lead in his quest to become the nation's first black president.

The sunshine state of Florida is a crucial battleground for both candidates. With 27 electoral votes up for grabs, it's a state neither candidate can afford to lose.

Despite Obama's overall lead, polls show the two candidates are running neck and neck in the state, where both Obama and McCain staged recent rallies.

John McCain, Republican Presidential Candidate, said, "There's one day left. There's one day left until we take America in a new direction, my friends. This is the fundamental difference between Senator Obama and me. We both disagree with President Bush on economic policy. The difference is, he thinks that taxes are too low and I think that spending has been too high."