Santorum reveals his campaign cash
July 15th, 2011
12:05 PM ET
3 years ago

Santorum reveals his campaign cash

(CNN) - Rick Santorum's presidential campaign says it brought in more than half a million dollars the past three months.

According to a news release Friday morning, the former senator from Pennsylvania raised $582,348 in the second quarter of the year. The campaign says it has $229,000 cash on hand, with no debt.

The campaign is also touting that Santorum's political action committee, America's Foundation, brought in $489,866 in the April through June period. "In total, Senator Santorum's efforts raised over $1 million" says the news release. But federal laws prevent money raised by political action committees to be directly used by campaigns.

Santorum announced the formation of a presidential exploratory committee in early May and formally announced for president on June 6.

"In the short amount of time since Senator Santorum has been a candidate for president, he was able to raise a significant amount of resources. It is worth noting that Senator Santorum didn't hold his first official fundraiser until June 22, and between that day and June 30, he raised nearly half of the money he raised as an official presidential candidate," said Amanda Kornegay, finance director for Rick Santorum for President, in a statement.

Last weekend, in an appearance on CNN's "State of the Union" with Candy Crowley, Santorum predicted that he would bring in less than $2 million for the second quarter.

"I'm running a different campaign … I always say the little engine that could campaign," he told Crowley. "I'm running a conservative campaign, very low budget."

Santorum's haul puts him far behind former Massachusetts Gov. Mitt Romney, who's making his second run for the nomination. Romney reported raising $18.25 million the past three months. Former Minnesota Gov. Tim Pawlenty of Minnesota and Rep. Ron Paul of Texas, who's making his third bid for the White House, each raised $4.5 million in the second quarter.

Former Utah Gov. and former U.S. Ambassador to China Jon Huntsman, who didn't announce until late June, brought in $4.1 million, which included around $2 million of his own money.

Former Godfather's Pizza CEO and radio talk show host Herman Cain had $2.46 million in fundraising, which included some self-funding. Former House Speaker Newt Gingrich reported around $2 million in fundraising, but his campaign's approximately $1 million in debt.

Rep. Michele Bachmann of Minnesota is the last remaining major candidate who has not yet reported her figures. Friday is the deadline for the campaigns to officially file their second quarter fundraising numbers with the Federal Election Commission.

– Follow Paul Steinhauser on Twitter: @PsteinhauserCNN


Filed under: 2012 • Fundraising • Rick Santorum
soundoff (30 Responses)
  1. The Greedy Old Pigs have gone insane

    "In total, Senator Santorum's efforts raised over $1 million" says the news release.

    That sounds even funnier when you say "$1 million" with a Dr. Evil voice.

    July 15, 2011 02:15 pm at 2:15 pm |
  2. a in austin

    Go get a real job and quit sponging off your failed campaign.

    July 15, 2011 02:20 pm at 2:20 pm |
  3. Indy

    Chump change for a chump !

    July 15, 2011 02:21 pm at 2:21 pm |
  4. Joe from CT, not Lieberman

    Wow! Ricky-boy has earned enough to buy a half-page ad in the Manchester Union Leader Tuesday edition. That should help get his word out.

    July 15, 2011 02:25 pm at 2:25 pm |
  5. pmk1953

    He doesn't have enough cash to to be considered a republican, let alone a candidate!

    July 15, 2011 02:39 pm at 2:39 pm |
1 2