Since the start of the year, the [big three] Democrats raised nearly 50 percent more than the [big three] Republicans, $144.3 million compared with $101.7 million.Let's break it down a little bit. True, the numbers weren't so good in the first quarter for the GOP, but they are even worse in Q2.
For the Repubs, Rudy Giuliani raised the most in the second quarter, $17 million in all, $15 million of which he will spend in the primary. He took in $2 million more than he did in quarter #1, but back then had assured his critics that his numbers were low because he hadn't yet had his fund-raising crew up and running.
Next came Mitt Romney with a disappointing $14 million for Q2. That's way down from over $20 million in the first three months of '07. As a result, Romney has lent his campaign $6.5 million from his private bank account.
John McCain is, well, in financial trouble. He raised only $11.2 million, less than he did in the first quarter, and has been forced to let dozens of staffers go.
The wild card of the race, Fred Thompson, is said to have taken in $5 million in the past month. Everyone knows he's in, so I'm not sure what difference it will make in terms of donors for next time around.
As for the Democrats, both Hillary Clinton and Barack Obama saw huge jumps in support.
Obama led the way with a record-breaking $32.5 million, up a whopping $7million from quarter #1. He has allocated $31 million of it for the primary (more than double what Giuliani set aside).
Clinton took in a total of $27 million (allocating $21 million for the primary), one million more than the first time around, and a two-month total that dwarfs all Republican contenders.
John Edwards was the only one to fall short of the initial mark. He took in $9 million in the second quarter, after having raised $14 million in the first. Strangely, Edwards' campaign doesn't face the same crisis as McCain, though they have brought in nearly identical dollar amounts this year.
Reader Comments ( Page 1 of 1)
1. Now lets see what they do with all that money.
Steve Bonomo at 12:04PM on Jul 4th 2007
2. Quoth David:
" Clinton took in $27 million, one million more than the first time around, and a two-month total that dwarfs all Republican contenders"
David, a very glowing report indeed.
But you forgot to tell us how much of all that money is earmarked for the primaries.
Dominick
dominick at 12:42PM on Jul 4th 2007
3. Dear Dominick,
Thank you for your comment. To answer your question, Hillary allocated $21 million for the primary election in the second quarter. That's 6 million more than Giulaini will have to use in the primary, and 10 million less that Obama.
david knowles at 12:48PM on Jul 4th 2007
4. H.clinton stood by bill when the uss cole was bombed out of the water,when the tower in N.Y was frist attacked and they did little to nothing to protect the future
generations.... lets not forget 911 ! The Clintons had there shot....
We need new leadership and new hope.....
We can never move forward looking backwards....
God Bless USA
dan at 2:11PM on Jul 5th 2007
5. H.clinton stood by bill when the uss cole was bombed out of the water,when the tower in N.Y was frist attacked and they did little to nothing to protect the future
generations.... lets not forget 911 ! The Clintons had there shot....
We need new leadership and new hope.....
We can never move forward looking backwards....
God Bless USA
dan at 3:45PM on Jul 5th 2007
6. Who cares. It's early yet...Republicans have not yet chosen , and have barely heard from all the entrants.. The campaign started very very early to give the Liberals some good soundbites. It's all pretty ridiculous. The DEMOCRAT machine has already coronated Queen Hillary. the rest is for show.
i usually donate (still do) and I haven't really finished listening to what the Rebubicans have to say. Also the immigration debate really put a damper on REPUBLICAN generosity. Also alot of people, especially the DEMOCRATS are waiting for a real frontrunner to emerge, to set the attack dogs loose. Everytime they think they have a frontrunner the dirt starts flying off the NY Times front pages, but to no avail.
The DEMOCRATS on the other hand, all seem to be trying to outdo each other for the far left base. They will spend all that money positioning themselves so far left that Hugo Chavez will seem moderate. The more they say, the less the American people will listen. Hope they spend all that money telling the rabble how wonderful the utopian society will be. Then the real choice will be clear, like it always is. Socialism, dependancy and tyranny or Capitalism , liberty and self reliance....once liberals have finished outdoing themselves we can make some grown up decisions.
Alot can happen in a year and a half. Imagine another attack, or the market reacting to a percieved anti-business track in Congress. 500 events and 500 days. It;s really kind of dumb to be looking at this race already.
joem at 9:58PM on Jul 6th 2007