$11 Million For Giuliani
Former New York Mayor Rudy Giuliani finally filled out the rest of the Republican money picture, and if you're a stalwart for the GOP, it ain't pretty.
Giuliani raised $10.5 million in primary money, $11 million overall, which (barely) makes him the Republican money leader for the third quarter. And perhaps the best news for Giuliani supporters -- his campaign reports he will enter the critical final months of 2007 (when it's time to start buying all those television ads) with $16 million in cash on hand. That compares favorably to Massachusetts Gov. Mitt Romney, who reported having about $9 million in cash on hand, and that was with an $8.5 million loan from his personal bank account.
Though the cash on hand will be helpful, it does not mean the campaign has been operating on a shoe string. Giuliani had $18 million on hand going into the summer, meaning he spent about $13 million over the past three months, a period when he had yet to buy any significant time on television.
Sen. John McCain's campaign also released their numbers this afternoon. McCain expects to report $6 million raised in the third quarter, and approximately $3.6 million in cash on-hand.
"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 Rick Davis, the campaign manager.
Taken as a whole, the Republican numbers are downright puny when compared to the massive amounts collected by the Democratic candidates. Combined, the Democrats have raised nearly $100 million more than their GOP counterparts. Among the front-runners, Sen. Hillary Rodham Clinton has raised about $90 million overall and Sen. Barack Obama has raised more than $75 million. Giuliani and Romney have each raised about $46 million so far this year.
Comparisons only matter so much, though, since for the time being the Republicans only have to face off against each other. And in that light, Giuliani advisers touted his totals today as a "continued sign of growing support."
"Our campaign has led the Republican field for the second quarter in a row in the fundraising race," said Michael DuHaime, Giuliani's campaign manager, in a statement on the candidate's web site. "We're receiving real support from across the country because voters know Rudy Giuliani is the only candidate who has proven leadership, executive experience and can beat the Democrats in November."
Among Republicans, Giuliani raised $11 million, Romney raised $10 million and former Sen. Fred Thompson, it appears, has raised about $9 million. Sen. John McCain, meanwhile, may have narrowly edged out Texas Rep. Ron Paul's $5 million haul for the third quarter
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