Posted: October 4, 2007 2:47 PM
Giuliani Leads GOP with $11 Million; Romney Pulls in $10M, McCain $6M
As the final group of candidates report their third quarter fund-raising reports, former New York Mayor Rudy Giuliani led the Republican field for the second consecutive quarter, with $11 million raised in the past three months — all but $500,000 for the primary election — ending the quarter with more than $16 million cash on hand.
Former Massachusetts GOP Gov. Mitt Romney announced Thursday that he raised $10 million and will loan $8.5 million of his own money to his primary campaign. That puts the former venture capitalist’s total loan to the campaign at $17.5 million.
Arizona Republican Sen. John McCain, on the other hand, raised $6 million, which his aides said represents a turnaround after the campaign suffered a series of setbacks earlier in the year due to financial woes. McCain has $3.6 million cash on hand, his campaign reported.
“We are thrilled that with so many Americans supporting John McCain, we’re now on sound financial footing and running a robust campaign gaining clear momentum in the early states,” said campaign manager Rick Davis in a press release.
Romney did not collect money for the general election. His third quarter report brings the year’s total receipts to $62 million and his total number of donors to over 100,000 , leaving him with $9 million cash on hand.
“Our campaign made considerable progress this quarter expanding Governor Romney’s support across the country,” spokesman Kevin Madden said. “Governor Romney has built a nationwide network of volunteers and supporters that are energizing our efforts as we work toward the first votes being cast in January.”
For the rest of the Republican field, Rep. Ron Paul of Texas raised a noteworthy $5 million for a candidate who barely registers in the polls. Colorado Rep. Tom Tancredo announced that he would file for federal matching funds. The remaining candidates have not released their numbers.
But even added together, the GOP candidates don’t match the fund raising of leading Democrats. Sens. Hillary Clinton of New York and Barack Obama of Illinois and former North Carolina Sen. John Edwards raised $22 million, $19 million and $7 million, respectively, for their primary campaigns.