July 6th, 2007
04:36 PM ET
12 years ago

Paul reports more campaign cash than McCain

Paul raised $2.4 million in the second quarter.

WASHINGTON (CNN) - He's considered a long-shot to win the GOP presidential nomination, but Texas Rep. Ron Paul is boasting more cash-on-hand than Arizona Sen. John McCain's struggling presidential campaign.

The Texas Republican raised nearly $2.4 million in the second quarter, and, after all expenses, has a total amount of $2.4 million cash-on-hand, campaign spokesman Kent Snyder tells CNN. Paul raised $640,000 in the first quarter of 2007.

Snyder added that nearly all of Paul’s warchest was raised through the Internet.

Earlier in the week, former New York City Mayor Rudy Giuliani’s campaign announced having $18 million in campaign cash, $15 million of which may be spent on the primaries. Former Massachusetts Gov. Mitt Romney's campaign announced a warchest of $12 million for the GOP nomination fight.

Arizona Sen. John McCain, once the early favorite to win the nomination, reported raising a disappointing $11.2 million in the second quarter with only $2 million cash on hand - $400,000 less than Paul. His campaign said his support of immigration reform legislation hurt his fundraising ability.

Paul, with only 11 staffers on his campaign, runs a frugal campaign. The Texas Republican rarely travels to key campaign states. Snyder said the campaign is expecting to expand into additional states in the near future.

Paul registered 2 percent in the latest CNN/Opinion Research poll conducted June 22-24.

- CNN Ticker Producer Alexander Mooney

soundoff (105 Responses)
  1. Daniel, Tn

    For anyone who votes other than Mr. Paul, I pitty you. Thanks CNN for actually giving Ron Paul some exposure every once in a while. While Im not a fan of corporate controlled media i.e: mainstream propagenda, I do thanks you. Im very young, soon to be 24 years old. I see through all the other politicians b.s, Dr. Paul is the real mccoy. Im neither Rep or Dem, but I like his message and his honesty and totally support him. Thompson is a joke as are everyone else. Go Ron Go.

    July 9, 2007 04:05 pm at 4:05 pm |
  2. Mike, HI

    "Sometimes a leader must force change even when the people do not want it."

    A leader like, perhaps, a governor?

    Is anyone else disgusted with the LA Times' article about the fundraising results summarized in the political ticker? It mentions McCain as only having 2 million on hand, and then simply says that all other GOP candidates are living off "the equivalent of pocket change." Either reporters are extremely lazy these days, or they really don't want Dr. Paul getting anywhere in the polls.

    You'd think a political 'nobody becomes a somebody' story would be more engaging and sell more papers than a 'the rich get richer!' story.

    July 9, 2007 10:16 pm at 10:16 pm |
  3. Eric Johnson, Midlothian, TX

    I would like to see a poll of approx. 500 voters, with an equal split of Republicans and Democrats, which asks…

    “Which of the 18 declared candidates would you vote for in the primary?”
    (Names listed alphabetically)

    This would dramatically change the perception you hope to propagate.

    A large portion of Ron Paul’s supporters would count themselves as Democrats and would not be included in the “standard” poll of Republican candidates. And, we should not forget that a recent poll shows a majority of Americans would consider voting for a third party (this might upset the accuracy that you wish existed within these polls). And let us not forget that the Constitution Party may not run a candidate and thrust their support on Dr. Paul. How many dollars will that bring in?

    $2.4 million is enough for now. Much more is on the way.

    July 9, 2007 11:41 pm at 11:41 pm |
  4. Darrell, Foxboro, MA

    To Mike: I do agree that Governors can and do force change to their constituencies, even when they do not like it. However, other than the Governor of Texas forcing young girls to get the anti-cancer vaccine recently, I only see liberal governors making these decisions to advance human rights. I live in Massachusetts, and despite his current spin machine, Gov. Romney was a liberal while here, so his decision to enforce a universal health care system does not apply. If Ron Paul were somehow elected (which we may as well all agree is not going to happen), conservative governors would be able to violate human rights left and right just to pander to fundamentalist, reactionary, constituents. I do suppose those of us with an education and respect for other people can always just avoid those states. If only California bordered the northeast, we could have a much simpler solution: secession number 2!

    July 12, 2007 01:47 am at 1:47 am |
  5. Trevor, Vancouver WA

    I discovered Ron Paul by watching the debates and found him to stand out as a candidate with intellectual honesty. He looks and the facts, stands upon principle, and doesn't bend to big money and special interests. He's truly someone capable of leading and uniting us and HAS MY VOTE!

    August 4, 2007 11:39 pm at 11:39 pm |
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