Ron Paul says he has 2.4 million cash on hand (3rd among GOPs)

brumans

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http://blogs.abcnews.com/politicalradar/2007/07/ron-paul-tops-m.html

Ron Paul Tops McCain in Cash on Hand

July 06, 2007 1:14 PM

ABC News' George Stephanopoulos Reports: Though often regarded as a longshot candidate for president, Republican Ron Paul tells ABC News that he has an impressive $2.4 million in cash on hand after raising an equal amount during the second quarter, putting him ahead of one-time Republican frontrunner John McCain, who reported this week he has only $2 million in the bank.

In an exclusive interview taped Friday and airing Sunday on "This Week," Paul said his campaign is on a better trajectory than McCain's.

"I think some of the candidates are on the down-slope, and we're on the up-slope," said Paul.

Paul's cash on hand puts him in third place in the Republican field in that important metric, although he is well behind leader Rudy Giuliani, who has $18 million in the bank, and Mitt Romney, with $12 million.

Paul, who polls show with support in the low single digits, said his surprisingly strong fundraising is the best measure of his support.

"I think people have underestimated the number of people in this country who are interested in a freedom message," says the Republican congressman from Texas, who has strong libertarian leanings.

To watch Paul's full interview, tune in to "This Week" on Sunday (check local listings).
 
But how much was raised in Q2? That's what I want to know.

Edit: Ah, it says equal amount, so 2.4 million. This is what I expected. 2-2.5 million.
 
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This is what ABC is reporting he said in the taped interview that is being broadcasted this Sunday.
 
"he has an impressive $2.4 million in cash on hand after raising an equal amount during the second quarter"
 
As I read it, he raised $2.4 million 2nd quarter and has $2.4 million cash on hand.

Since he ended 1st quarter with about $500,000 cash on hand, he must have spent about $500,000 2nd quarter.
 
We've passed McCain in cash on hand. That's great!

On the upslope indeed. :)
 
http://blogs.abcnews.com/politicalradar/2007/07/ron-paul-tops-m.html

Ron Paul Tops McCain in Cash on Hand

July 06, 2007 1:14 PM

ABC News' George Stephanopoulos Reports: Though often regarded as a longshot candidate for president, Republican Ron Paul tells ABC News that he has an impressive $2.4 million in cash on hand after raising an equal amount during the second quarter, putting him ahead of one-time Republican frontrunner John McCain, who reported this week he has only $2 million in the bank.

In an exclusive interview taped Friday and airing Sunday on "This Week," Paul said his campaign is on a better trajectory than McCain's.

"I think some of the candidates are on the down-slope, and we're on the up-slope," said Paul.

Paul's cash on hand puts him in third place in the Republican field in that important metric, although he is well behind leader Rudy Giuliani, who has $18 million in the bank, and Mitt Romney, with $12 million.

Paul, who polls show with support in the low single digits, said his surprisingly strong fundraising is the best measure of his support.

"I think people have underestimated the number of people in this country who are interested in a freedom message," says the Republican congressman from Texas, who has strong libertarian leanings.

To watch Paul's full interview, tune in to "This Week" on Sunday (check local listings).

Fantastic. Ron Paul is now in the first tier of candidates for funds raised. When you take a look at the numbers he is not that far behind Romney. Romney only has 3.4 million cash on hand if you do not count the 8.6 million of his own money which he will never spend. He is only putting the money in to prime the pump and get unsuspecting donors to think he has a chance.
 
Well the campaign should offer an official statement on their website. The total raised vs cash on hand.
 
Fantastic. Ron Paul is now in the first tier of candidates for funds raised. When you take a look at the numbers he is not that far behind Romney. Romney only has 3.4 million cash on hand if you do not count the 8.6 million of his own money which he will never spend. He is only putting the money in to prime the pump and get unsuspecting donors to think he has a chance.

He might spend it. Being president can be very profitable.
 
He might spend it. Being president can be very profitable.


You are correct. He might spend it, but that is a good campaign issue in itself. Why would anyone want to support a candidate who is trying to buy himself in?
 
I wonder how much all of the meetup groups have spent independently. It has to at least be a million.
 
Be all this as it may... as we close on the "end game" he will need every penny he can raise... and if we are to keep this as a popular campaign that means lots of $20, $50, and $100 donations which can only come by increasing the support numbers...

We can't rest til the Doctor has bested them all!

JTCoyoté

"The attacker must vanquish, the defender has only to prevail." -- Coyoté
 
This also means we all have to contribute and make sure his donations are even higher for Q3!
 
HEY!! Google Ads is putting a Phillies for President ad on THIS FORUM PAGE! "Phillies for President Vote for the genuine Libertarian. Accept no two-party substitutes. Phillies2008.org."

This is an outrage!
 
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