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. Sniffit

    Wow...that kind of cash will sure buy a lot of lube.

    July 15, 2011 12:08 pm at 12:08 pm |
  2. ABM

    You can buy a burger in NY with that amount of cash. His campaign is an epic fail from the start.

    July 15, 2011 12:18 pm at 12:18 pm |
  3. ConservaFASCISTS/Domestic Terrorists/Taliban/Al Queda/TRAITORS

    Gosh you're broke!!!!

    July 15, 2011 12:20 pm at 12:20 pm |
  4. Denny

    BWAAAAHHHHHHHH!!!!!!!!! Say goodnight Ricky.

    July 15, 2011 12:22 pm at 12:22 pm |
  5. Marie MD

    Half a million? :-)

    July 15, 2011 12:26 pm at 12:26 pm |
  6. 'merica ruined by rethugs

    ROFL!!! I think that's about what our President got in about an hour. Sayonara Pretty Ricky, don't forget to take your pledge with you ya knuckle dragging neanderthal

    July 15, 2011 12:38 pm at 12:38 pm |
  7. vet in texas

    "turn out the lights the party's over" – Don Meredith version

    July 15, 2011 12:41 pm at 12:41 pm |
  8. Democrat Class Warfare & Race Baiting - Destroying the economy, destroying the country

    Geez... you'd think all the libtards in here would be complementing him on not being bought and sold by anybody! Who will Obama be subservient to for his billion in contributions? SEIU? Auto unions?

    July 15, 2011 12:45 pm at 12:45 pm |
  9. Owlie

    Who *are* these people who donate to the likes of Frothy Spew and $arah the Tundra Twit?

    July 15, 2011 12:49 pm at 12:49 pm |
  10. once upon a horse

    and President Obama raised HOW MUCH in HOW MANY DAYS??? I bet most of that money came from the few friends Ricky probably has. Give it up dude.

    July 15, 2011 12:49 pm at 12:49 pm |
  11. C. Howe Yulikit

    Jeez, I think my band earned that much money when we were touring California in a van. This guy thinks he can win the Presidency?

    July 15, 2011 12:50 pm at 12:50 pm |
  12. T'sah from Virginia

    PLEASE – take me shopping and call it a day!!!!!

    July 15, 2011 01:03 pm at 1:03 pm |
  13. Jake

    why doesn't he just put it towards something useful? like feeding the hungry? why throw that kind of cash away?

    July 15, 2011 01:04 pm at 1:04 pm |
  14. DA

    Okay his party is over!!!

    July 15, 2011 01:05 pm at 1:05 pm |
  15. Mark

    Anyone outside of his immediate family contributiong? If that's all the the cash hecan raise, his campaign is already over.PA said no to him and now it appeasr as thougth the rest of the country is as well.

    July 15, 2011 01:13 pm at 1:13 pm |
  16. New president, please

    I like Mitt Romney better, but think that Santorum would do a much better job than the finger-pointing clown that currently occupies the White House. The dems have made a bad situation much worse–Obama, Pelosi and Reid should all be thrown out.

    July 15, 2011 01:22 pm at 1:22 pm |
  17. Roland

    why make millions when you can make... half a million?

    July 15, 2011 01:24 pm at 1:24 pm |
  18. S. In California - Obama 2012

    Boy – that's telling them right Santorum? I'm sure your opponents are frightened to death of your fund raising abilities....

    July 15, 2011 01:27 pm at 1:27 pm |
  19. GOP = Greed Over People

    Better get on that private land line to God, and ask Him for some golden shekels, you are going to need 'em.

    Please let us know the location when all this golden "manna" is going to fall from the skies.

    God said share the wealth.

    July 15, 2011 01:30 pm at 1:30 pm |
  20. GOP = Greed Over People

    Sniffit, harsh but hysterical, thanks for the chuckle!

    July 15, 2011 01:34 pm at 1:34 pm |
  21. Sortakinda

    I think he should just flush his money down the toilet. Oh, that's what he's doing!

    July 15, 2011 01:34 pm at 1:34 pm |
  22. Rick McDaniel

    No contribution from me.......I don't agree with his philosophy at all.

    July 15, 2011 01:39 pm at 1:39 pm |
  23. johnmenacherjr

    what a smirk on that face why is that always there?

    July 15, 2011 01:45 pm at 1:45 pm |
  24. Bessy

    Even though this is just a small amount of cash, it shows that there are idiots out there that encourage this loser. He has no chance, never did.

    July 15, 2011 01:52 pm at 1:52 pm |
  25. Len Smith

    Does it get to keep it when he pulls out of the race? I am sure that is why he is running, only to increase his wealth, because he doesn't know enough to get out of the rain.

    July 15, 2011 02:06 pm at 2:06 pm |
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