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article imageGOP Pres. Candidate Ron Paul raises $5 million in third quarter

By Andrew Moran     Sep 30, 2011 in Politics
Washington - The campaign of Texas Republican Congressman and 2012 GOP Presidential candidate Ron Paul has confirmed that the Libertarian-leaning Representative has raised $5 million in the third quarter. Will cash turn into GOP votes?
In a news release from the Ron Paul 2012 presidential campaign, it has been confirmed that the three-time presidential candidate has raised more than $5 million in the third quarter.
Former 2008 Republican presidential candidate Mitt Romney has captured United States headlines for reportedly raising more than $11 million in the past three months, but Paul is in second place with most money raised among the field of candidates.
The Paul campaign staffers confirmed that their final push goal of the quarter is $1.5 million. So far they have raised a little more than $1 million. There are only a few more hours to go until fundraising for the quarter is completed.
Majority of the No. 1 bestselling author’s funds came from moneybombs where the campaign receives large amounts of money in a short period of time.
Paul has already raised more cash than in the last quarter where he garnered $4.5 million compared to Romney’s $18 million. Jesse Benton, Paul’s campaign spokesperson, told Reuters: “We will well exceed $5 million.”
The author of “The Revolution: A Manifesto” and “End the Fed” continues to spend his cash on advertisements on broadcast and cable television.
All of the GOP presidential candidates will have until Oct. 15 to report their quarter fundraising to the Federal Election Commission.
The former OB/GYN will spend his Friday in New Hampshire, a key early voting primary state.
More about Ron paul, 2012 presidential election, Fundraising, gop nomination
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