Ron Paul Raised More Than $5 Million for the Quarter
Rep. Ron Paul’s campaign has raked in more than $5 million for the third fiscal quarter, which ends at midnight tonight.
That figure would be about what he took in last quarter and exactly what the Texas Republican finished with at the end of the third quarter when he ran four years ago.
“I quite frankly don’t pay a whole lot of attention to that ’cause I don’t think that’s the litmus test,” Paul told ABC News this morning.
” If it was a hundred thousand – you know – I would be very worried.”
During the past three months, Paul has launched several “moneybombs,” or one-day cash grabs.
The Sept. 17 Constitution Day “moneybomb” raked in more than a million dollars, according to the campaign’s website.
And a “moneybomb” to correspond with Ron Paul’s birthday brought in almost $2 million.
The $5 million is right in line with the $4.5 million the campaign brought in last quarter.
Of all the Republican candidates at the time, only Mitt Romney earned more.
And there are reports that Romney’s totals for this quarter could be twice that of Paul’s.
“We definitely need money, but don’t need a billion dollars,” said Paul.
But unlike Romney, Paul does not have “bundlers” or people assigned to raise large dollars for the campaign.
According to the Center for Responsive Politics, a nonpartisan, nonprofit research group dedicated to tracking money in U.S. politics, small-dollar donations made up about half of Paul’s total donations as of June 30.