Bachmann raises almost $4 million, but spends nearly $6 million
October 15th, 2011
04:39 PM ET
7 years ago

Bachmann raises almost $4 million, but spends nearly $6 million

(CNN) -– Rep. Michele Bachmann’s presidential campaign spent nearly $2 million more than it raised in the third quarter, but was still left with more than $1 million in cash-on-hand funds, according to a report filed with the Federal Election Commission Saturday.

In total, Bachmann raised $3.9 million and spent $5.9 million. Her cash-on-hand total came in at $1.3 million.

Bachmann’s cash on hand reflects money received in previous quarters. Bachmann went into the third quarter with over $3 million in cash-on-hand funds.

The financial report also shows Bachmann’s campaign holding more than $500,000 in debt.

A recent CNN Poll of Polls showed 5% of Republican voters naming Bachmann as their preferred candidate.

Filed under: 2012 • Fundraising • Michele Bachmann
soundoff (81 Responses)
  1. CaliforniaBC

    So much for living within your means huh?

    If you can't do it then why would anyone think you cna lead the government that you're demanding to do it?

    October 15, 2011 04:42 pm at 4:42 pm |
  2. independent voter

    Maybe she can pray away the $500k debt, she's toast

    October 15, 2011 04:46 pm at 4:46 pm |
  3. Kenny

    Bachmann's campaign raised $3.9 million and spent $5.9 million and she says she wants to cut spending and not spend more than the Government takes in. She is also carrying $500,000.00 in debt so how does this "Flake" manage a Natiional Debt when she can't manage her own campaign? I forgot that she and her husband can pray up the difference.

    October 15, 2011 04:48 pm at 4:48 pm |
  4. Alex in Wisconsin

    Spending more money than she takes in? Well on the bright side, Her campaign will be broke by the end of the next quarter, will her spending stop when she hits $0.00 or will she take on debt, that will be the true test of her fiscal conservative credentials.

    October 15, 2011 04:52 pm at 4:52 pm |
  5. one voice

    Can you imagine what's inside someones head that sends this NUT JOB money? SCARY

    October 15, 2011 05:00 pm at 5:00 pm |
  6. thomas

    No Way ,
    What a scam !

    Newt owes 2 million in dept . Now Rep. Michele Bachmann’s is 2 million in dept ?

    The press needs to ask these two big spenders about the parallel between the economic debt crisis and there own campaign finance strategy !

    Could CNN please make public what banks our providing such a credit line !

    October 15, 2011 05:03 pm at 5:03 pm |
  7. B

    Real conservative ...

    She actually is a false candidate and always was. She is Loony Tunes-

    October 15, 2011 05:05 pm at 5:05 pm |
  8. Al-NY,NY

    people still giving this dimwit money is beyond me. I guess there are more sheep than we thought

    October 15, 2011 05:06 pm at 5:06 pm |
  9. Chipster

    $2 million in deficit spending? And Bachmann expects us to believe she can handle the national debt? Of course, this is the same candidate who criticizes federal grants and stimulus money, calling it socialism, while applying for stimulus money. She and her husband didn't object to applying for federal funds for training employees at his "pray away the gay" clinic or for farm subsidies. They never even blinked at applying for state funds to help them pay for care for their foster children. None of that is illegal or even unethical. It's just plain hypocritical.

    October 15, 2011 05:07 pm at 5:07 pm |
  10. encore

    and this dinky nut said she want to president.

    October 15, 2011 05:08 pm at 5:08 pm |
  11. vic , nashville ,tn

    She spending more than what her campaign is taking in

    2008 Obama campaign made enough money spend more but no debt

    So she has to learn from Obama when its comes to balance budget

    October 15, 2011 05:24 pm at 5:24 pm |
  12. Larry L

    I'm trying to visualize the sort of people who would give her 4 million dollars... How bad a candidate do you need to be for nobody to give you money? Sadly, Jon Huntsman, the only rational candidate in the Republican lineup, appears to be the guy nobody will support. He's not crazy enough but Michelle Bachman certainly qualifies!

    October 15, 2011 05:27 pm at 5:27 pm |
  13. Wanderer

    I think Mrs. Bachmann should stop dreaming or ask HER God again if he really wanted her to run.

    October 15, 2011 05:31 pm at 5:31 pm |
  14. smoke

    But remember, this loon reminds us that she won the Iowa staw poll the most important poll for the GOP.. I agree, she wants to balance the budget of the country but cant balance her campaign budget

    Obama/Biden 2012

    October 15, 2011 05:35 pm at 5:35 pm |
  15. Sorensen

    Michelle – Pray-Pray-Pray.
    How many gay people did your husband turn around yesterday?
    President of the United States.
    I think everybody can see how sick that proposition is.

    October 15, 2011 05:37 pm at 5:37 pm |
  16. Justin H

    This is the essence of what is wrong with American politics. We're still several months away from the first primary and they candidates are already spending obscene amounts of cash. And it seems to be getting worse with every election.

    October 15, 2011 05:45 pm at 5:45 pm |
  17. logic in LA

    The woudl-be president obviously is better suited for the job than I thought- she knows deficit spending. Looking at her number however, Obama and Bush wouldhave had to up thier ante by trillions to be in the same percentage league.

    October 15, 2011 05:45 pm at 5:45 pm |
  18. Martin

    She claims to be a fiscal Conservative, but then can't keep her spending within the contraints of her fund raising over the same period, and has to dip into surplusses from previous quarters to keep up with her campaign spending habits?

    I wonder what the TEA party will make of this?

    October 15, 2011 05:55 pm at 5:55 pm |
  19. The Luxe Heritage

    What a role model! Spend spend spend!!
    Good grief.

    October 15, 2011 05:56 pm at 5:56 pm |
  20. GI Joe

    She's just like the rest of them. it's mainly about what lines HER pockets.

    October 15, 2011 06:03 pm at 6:03 pm |
  21. No Einstein

    Let's see ... 4 – 6 = -2. This is how she runs her fledgling campaign yet she harshly criticizes the government for its debt. This lady is in simple English a loser. Voting for her would be like voting to put a hole in my head.

    October 15, 2011 06:05 pm at 6:05 pm |
  22. CBR

    The fact that Michele Bachmann is overspending now is not a good sign. Where is her fiscal responsibility. She is joined by others who have raised money and overspent.

    In all an obscene amount of money is being spent by both parties on this election which will not occur until November 2012. Just think how that money could be spent such as feeding folks and helping others to find housing, etc.

    October 15, 2011 06:14 pm at 6:14 pm |
  23. Ralph in Orange Park, FL

    Isn't that what is called running a deficit? I thought Tea Party candidates were opposed to that.

    October 15, 2011 06:16 pm at 6:16 pm |
  24. livingston

    Yup, I want that woman in charge of the economy. Hypocrite.

    October 15, 2011 06:21 pm at 6:21 pm |
  25. Bill

    And this mindless twit preaches about spending within your means and balancing the budget? Well, her you have Exhibit A that she does not have a clue. And she wants to run the country? Sorry, I's pass. I can not wait until the next time she rails about government spending too much.

    October 15, 2011 06:24 pm at 6:24 pm |
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