Ron Paul raised over $5 million in third quarter

WASHINGTON Fri Sep 30, 2011 5:22pm EDT

U.S. Rep. Ron Paul, (R-TX) speaks during the Republican Party of Florida presidential candidates debate in Orlando, Florida September 22, 2011. REUTERS/Phelan M. Ebenhack/Pool

U.S. Rep. Ron Paul, (R-TX) speaks during the Republican Party of Florida presidential candidates debate in Orlando, Florida September 22, 2011.

Credit: Reuters/Phelan M. Ebenhack/Pool

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WASHINGTON (Reuters) - Ron Paul's presidential campaign will post well over $5 million in fundraising for the third quarter, a campaign spokesman said on Friday, enough for the Republican candidate to comfortably fund his presidential race in the coming months.

"We will well exceed $5 million," campaign spokesman Jesse Benton said.

That haul would come in well below amounts Republican front-runners Mitt Romney and Rick Perry are expected to have raised for the three months ending on Friday, but it indicates steady support for the Texas congressman.

Paul raised $4.5 million in the second quarter ended in June, compared with Romney's $18 million.

Paul is seen as having little chance of winning the nomination to run against Democratic President Barack Obama in 2012, but he consistently gets about 10 percent in Republican polls, giving him an important voice. A libertarian, he has helped drive the debate on foreign policy and government intervention in the economy.

The presidential campaigns have until October 15 to release their third quarter fundraising reports.

(Reporting by Patricia Zengerle; editing by Vicki Allen)

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Comments (15)
valmruss wrote:
I wonder who has the most individual and military donations? Corporations feed the other candidates. Supreme court ruled that corporations are allowed to give to political campaigns. They said it was thier freedom of speech! When has a corporation been drafted to go to war. Go Ron Paul 2012! Join the Revolution!

Sep 30, 2011 1:32pm EDT  --  Report as abuse
egadsno wrote:
They say he has little chance of getting the nomination, lol they who- the same people that said Reagan could never get elected but now celebrate him? Only difference this time is Ron Paul is not gonna flip flop and peace will come not from fear but from trade and communication. I see how people can be baffled by his views without understanding his perspective and how all of his views overlap to reinforce each other. I used to be a war mongering fool not even a year ago- I had alot of issues with the equipment our troops use, but I actually though intervention was good. Amazing how quick something you believed so deeply reveals itself to be completely fundamentally flawed. Ahh well America is waking up to the good doctor though, just wish they would catch on as fast as our troops have though.

Sep 30, 2011 5:22pm EDT  --  Report as abuse
TomWalsh wrote:
Ron Paul’s ascendancy reminds me of the Ronald Regan campaigns. The party that now brags about Regan fought conservatives tooth and nail right up to the floor fight at the convention, which resulted in that unholy compromise of making George H.W. Bush the VP nominee. The party hacks and the media laughed the Gipper off as just an actor, a dreamer and clearly unelectable. Today, despite the groundswell of support for Ron Paul, the party hacks and the pundits in the media call the good doctor an unelectable fringe candidate. However, after my experience of campaigning for Ronald Reagan for almost 12 years, I know what is possible on a third run for the presidency. We the People will have our say and the establishment will once again be dumbfounded.

Sep 30, 2011 5:36pm EDT  --  Report as abuse
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