Paul rakes in $13 million the past three months
January 5th, 2012
09:38 AM ET
6 years ago

Paul rakes in $13 million the past three months

Manchester, New Hampshire (CNN) - Rep. Ron Paul's presidential campaign raised $13 million the past three months, a top campaign aide confirmed to CNN.

The impressive haul far exceeds the $8.2 million the longtime congressman from Texas brought in over $8 million in the third quarter of 2011. Paul raised around $4.5 million in campaign cash in the April-June second quarter of last year.

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Paul had a strong third place finish Tuesday in Iowa's caucuses, grabbing 21% of the vote.

Former House Speaker Newt Gingrich says he brought in around $10 million in fundraising last quarter, and sources say former Massachusetts Gov. Mitt Romney's campaign may report around $20 million in fundraising for the past three months.

Rick Santorum raised around $1.1 million the past 24 hours, thanks to nearly edging out Romney for the top spot in Tuesday night's caucuses.

Campaign cash is crucial for candidates, as it pays for ads, direct mail, get out the vote efforts, travel, and organization. But it's not everything. Case in point: Rick Perry's campaign had $15 million in the bank as of October 1, but thanks to debate stumbles by the Texas governor, Perry's poll numbers dropped and he finished a disappointing fifth place in Iowa.

Paul's cash haul was first reported by Politico.

- Follow Paul Steinhauser on Twitter: @PSteinhauserCNN

Also see:

DNC highlights old Romney-McCain tension

Gingrich hones message in New Hampshire

Santorum raises more than $1 million in one night

Huntsman to air first TV spot

Perry will 'reset the campaign' in South Carolina, adviser says

Filed under: 2012 • Fundraising • Ron Paul
soundoff (5 Responses)
  1. Cole Michaelson

    It's incredible how much Ron Paul is ignored by the media. They don't mention him in the news (across all news stations) at all – as if he is disfigured or they are afraid of him or something else is terribly wrong with him!!!! Unbelievable!!!

    January 5, 2012 09:54 am at 9:54 am |
  2. The Real Tom Paine

    Vote Ron Paul 2012! He walks on water, he leaps tall buildings in a single bound, he is our savior! Please surrender your free will to Ron Paul, who never meant those things in those newsletters that bore his name! Vote for the anti-government activist who has been in Congress and public life for over 3 decades! He's better than our Founders!

    January 5, 2012 10:41 am at 10:41 am |
  3. Vieteran

    I wonder what he is going to do with all of that money? I guess he can start his own country because he has zero chance of being President of these United States

    January 5, 2012 11:44 am at 11:44 am |
  4. vic , nashville ,tn

    Ron Paul will makes big difference in 2012. GOP better watch your back

    January 5, 2012 11:50 am at 11:50 am |
  5. Brian

    That's a lot of money people wasted, money which I would have rather seen going into the economy

    January 5, 2012 12:11 pm at 12:11 pm |