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Giuliani tops Republican funding | Giuliani tops Republican funding |
(5 days later) | |
Republican presidential candidate Rudy Giuliani has raised $11m (£5.5m) in the past three months, his campaign says, $1m more than rival Mitt Romney. | Republican presidential candidate Rudy Giuliani has raised $11m (£5.5m) in the past three months, his campaign says, $1m more than rival Mitt Romney. |
Mr Romney, a former Massachusetts governor, also lent $8.5m to his own campaign. Arizona Senator John McCain will report raising $6m, aides said. | Mr Romney, a former Massachusetts governor, also lent $8.5m to his own campaign. Arizona Senator John McCain will report raising $6m, aides said. |
Ron Paul, an anti-war congressman from Texas who has a big internet following but is low in the polls, raised $5.1m. | Ron Paul, an anti-war congressman from Texas who has a big internet following but is low in the polls, raised $5.1m. |
However, Democratic rivals raised much higher amounts over the same period. | However, Democratic rivals raised much higher amounts over the same period. |
Frontrunners Hillary Clinton and Barack Obama raised $27m and $20m respectively, their campaigns reported. | Frontrunners Hillary Clinton and Barack Obama raised $27m and $20m respectively, their campaigns reported. |
The third quarter of the year is traditionally seen as a difficult period in terms of fundraising because it falls over the summer months when many people are on holiday. | The third quarter of the year is traditionally seen as a difficult period in terms of fundraising because it falls over the summer months when many people are on holiday. |
But the candidates will now be keen to have as much in the bank as possible as they approach the primary elections starting in January. | But the candidates will now be keen to have as much in the bank as possible as they approach the primary elections starting in January. |
Primaries are held to decide which candidate will represent each party in the full presidential election in November 2008. | Primaries are held to decide which candidate will represent each party in the full presidential election in November 2008. |
'Considerable progress' | 'Considerable progress' |
Mr Giuliani, a former New York mayor, has a reported $16m in reserve for the final push to January's vote. | Mr Giuliani, a former New York mayor, has a reported $16m in reserve for the final push to January's vote. |
REPUBLICAN CANDIDATES Sam BrownbackRudolph GiulianiMike HuckabeeDuncan HunterJohn McCainMitt RomneyRon PaulTom TancredoFred Thompson | |
Mr Giuliani's high fundraising total was a sign that Republicans see him as the candidate most likely to win in November 2008, his campaign manager said. | Mr Giuliani's high fundraising total was a sign that Republicans see him as the candidate most likely to win in November 2008, his campaign manager said. |
Mr Romney's latest contribution means he has now put $17.5m of his own money into his campaign this year. He has $9m left in hand for the remaining months. | Mr Romney's latest contribution means he has now put $17.5m of his own money into his campaign this year. He has $9m left in hand for the remaining months. |
He reported reaching 23,000 new donors in the third financial quarter, giving him a donor base of about 100,000. | He reported reaching 23,000 new donors in the third financial quarter, giving him a donor base of about 100,000. |
"Our campaign made considerable progress this quarter, expanding Governor Romney's support across the country," said his spokesman, Kevin Madden. | "Our campaign made considerable progress this quarter, expanding Governor Romney's support across the country," said his spokesman, Kevin Madden. |
Both candidates saw their fundraising fall from the second quarter, but still outpaced their Republican rivals. | Both candidates saw their fundraising fall from the second quarter, but still outpaced their Republican rivals. |
Senator McCain's campaign manager said that despite a drop in funds his candidate's campaign was still on sound financial footing - and gaining momentum in states that vote early in the primary season. | Senator McCain's campaign manager said that despite a drop in funds his candidate's campaign was still on sound financial footing - and gaining momentum in states that vote early in the primary season. |
The amount raised by Mr Paul, who has generated a strong buzz on social networking sites like MySpace and Facebook, was more than double his second quarter tally. | The amount raised by Mr Paul, who has generated a strong buzz on social networking sites like MySpace and Facebook, was more than double his second quarter tally. |
Former Tennessee Senator Fred Thompson, who only formally announced his candidacy in early September, is expected to report raising over $8m in the past quarter. | Former Tennessee Senator Fred Thompson, who only formally announced his candidacy in early September, is expected to report raising over $8m in the past quarter. |
All the candidates must officially report cash raised from July to September to the US Federal Election Commission by 15 October. | All the candidates must officially report cash raised from July to September to the US Federal Election Commission by 15 October. |