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. ted

    And you GOP clowns want her as president? spending more than she makes? Sorry, been there, done that. But maybe if she did a centerfold for Playboy, things might improve for her.

    October 15, 2011 09:06 pm at 9:06 pm |
  2. Alex

    Ron Paul raised over $8,000,000 last quarter by over 100,000 donors. Don't see that headline anywhere on CNN.

    October 15, 2011 09:11 pm at 9:11 pm |
  3. Nii

    som much for cut, cap and balance. Remove the log in your eye, before you try to take the peck out of someone's eye. Charity begins at home... We know you now.

    October 15, 2011 09:11 pm at 9:11 pm |
  4. TM

    I thought the Teabaggers DEMANDED 'fiscal responsibility" from their candidates? Maybe Bachmann can get some more government funding, like she got for one of her homes, to pay her bills.

    October 15, 2011 09:13 pm at 9:13 pm |
  5. yu

    She's an idiot

    October 15, 2011 09:21 pm at 9:21 pm |
  6. westward

    So ironic. She can't even manage her own campaign finances, yet she has a 'plan' to fix our country's economy...All the while she and her husband are operating a for-profit pray away the gay clinic. You just can't make this stuff up!

    October 15, 2011 09:30 pm at 9:30 pm |
  7. nytw

    Any presidential that can not balance their campaign budget should have the common decency to pack their bags and go home.
    Another point to consider is if, as the article states, she has a million dollars in the bank and $500,000 debt it appears she is not paying her bills. She should be arrested for theft.

    October 15, 2011 09:32 pm at 9:32 pm |
  8. sick of republican phonies

    D'oh! So much for her credibility on criticizing the deficit spending!

    October 15, 2011 09:39 pm at 9:39 pm |
  9. Earl Lee Jones

    Well she got just what she deserves, bye bye Michaele.....

    October 15, 2011 09:46 pm at 9:46 pm |
  10. charles

    She is very conservative!!! These are the people we need in the white house.

    October 15, 2011 09:46 pm at 9:46 pm |
  11. jamison

    Bachman raises 4 mill and spends 6 Mill. Probably the way she would run the country giving most of it to the big Corporations.

    October 15, 2011 09:47 pm at 9:47 pm |
  12. anthony78

    these people do realize that despite all their rhetoric, all their Obama bashing over spending more than you take in, that we the people are judging them by their actions as well. michelle spews some of the most easily disproven lies and bull, so when budget numbers like this come out, and she can't hide or spin her way out of the truth, it is all too funny, and even scary that she still wont let truths like this deter her from spewing more lies and hate.

    October 15, 2011 09:55 pm at 9:55 pm |
  13. Cindy

    Did anyone expect anything different? This non-stop "mouth" has always been a fraud!

    October 15, 2011 10:05 pm at 10:05 pm |
  14. fed up with Republicans

    She is trying to lecture the President about debt,deficits and spending.

    What a joke.

    October 15, 2011 10:32 pm at 10:32 pm |
  15. BeverlyNC

    She can't manage her own debt but she criticizes how our government spends money to protect, support, and create jobs and a restored economy Republicans destroyed with their Wall St buddies? Michelle has never shown any intelligence with history.

    October 15, 2011 11:00 pm at 11:00 pm |
  16. Stupidity2darnhigh

    The next time I hear something come out her mouth about Obama and spending............

    October 15, 2011 11:02 pm at 11:02 pm |
  17. IDEAS and IDEALS not ideologies

    How does that happen? Balance your campaign's budget before lecturing us about government money they don't.

    October 15, 2011 11:14 pm at 11:14 pm |
  18. Lando

    Talking about setting a good model of spending your resources...Bachmann give it are just mouth and no sense.
    Your heyday is over....hibernate indefinitely....

    October 15, 2011 11:26 pm at 11:26 pm |
  19. S.B. Stein E.B. NJ

    This is one of the reasons why Congress can't get a balance budget. Many of the people in Congress do run a poor campaign spending plan. Bachmann is only one example of this.

    October 15, 2011 11:40 pm at 11:40 pm |
  20. Mike In Carolina

    Bachman and the rest are simply cash cows for the media advertising industry which couldn't care less about who's elected. The fact is that only idiots are influenced by political ads and talk show hosts. Intelligent voters are reading detailed articles, legislative voting records and texts from speeches in order to make sound decisions based on facts. Ads and talk shows are the least objective and truthful sources which favor who ever is paying for time. Maybe someday we'll become enlightened enough to outlaw political ads altogether because they are no more than propaganda that don't ldo anything positive or useful to the election process.

    October 16, 2011 12:00 am at 12:00 am |
  21. Senses

    Sound economics a la Bachman style !!

    October 16, 2011 12:27 am at 12:27 am |
  22. Margaret

    She also has pledged to build a fence across the southern U.S. #1 how is she going to get the congress to pay for it. #2 does she have any idea at all what it would cost. We got bridges and roads falling apart. Sewers and water pipes breaking all over the country and we can't get funding for those. If she does this in her campaign then she would probably do the same as president. She does know that to do anything as a president you have to get it through congress first??

    October 16, 2011 01:18 am at 1:18 am |
  23. Mirosal

    I would still rather vote for Randy Bachman than Michelle Bachmann, because b-b-b-baby you just ain't seen n-n-n-nothin' yet.

    October 16, 2011 01:35 am at 1:35 am |
  24. Sarah

    Really? So you can't run your own campaign, or manage the people around you. You are spending into dept and way more than you have? She hasn't even gotten to the nomination much less through the ACTUAL election and already is showing her lack of fisical managment, and "misquotes" where she screws up a fact and blames it on the media.....

    Yeah, put Palin as her VP and we would be economically and most likely physically obliterated within the first 4 months...... Please people.. Think before you vote!!!!!

    October 16, 2011 01:56 am at 1:56 am |
  25. Greg Weston

    Supposedly, it's a lot worse for Gingrich: with just $353,416 in cash-on-hand, he told the FEC they owe another $1,192,865. Major deficit spending.

    October 16, 2011 02:25 am at 2:25 am |
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