Saturday, April 2, 2011

Ron Paul, Michele Bachmann top Mitt Romney in fundraising

Michele Bachmann tops Mitt Romney in fundraising - Politico
Michele Bachmann became the queen of 2011 fundraising this quarter, bringing in a combined $2.2 million for the quarter – bigger than the $1.9 million that frontrunner Mitt Romney reported bringing in, officials confirmed for POLITICO.

Bachmann raised $1.7 million for her congressional committee, and another $500,000 for her leadership PAC, Bachmann adviser Andy Parrish said.

he numbers are sure to roil the early presidential-watching, as the Minnesota congresswoman gears up for a likely run for the White House in 2012.

Much of her donations are reportedly small checks.
Exclusive: Ron Paul's $3M pot of gold
Ron Paul raked in roughly $3 million during the first quarter through his various political organizations, POLITICO has learned.

Though not all of that money can be transferred to a potential presidential campaign, the big haul demonstrates Paul’s continuing force as a grassroots-powered online fundraiser.

The Texas congressman raised $1 million through his federal PAC and $2 million through Campaign for Liberty, a 501C(4) which cannot transfer funds directly to political organizations. Paul’s fundraising documents, to be filed later Thursday with the FEC, will also show he has $1.7 million on hand in his congressional campaign account.

“Dr. Paul's fundraising comes almost exclusively from individuals, not special interests,” LibertyPAC director Jesse Benton told POLITICO. “He received contributions from all 50 states, and his average gift this quarter was under $70, demonstrating his broad grassroots support.

“Dr. Paul's grassroots fundraising prowess is unmatched, and any 2012 political endeavor on which he embarks will have the financial backing it takes to win,” Benton added.

Obama is expected to raise a billion for his re-election campaign.