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Presidential Primary Fundraising Round-Up
The deadline for Presidential campaigns to officially file their fundraising reports with the FEC passed at midnight last night. Earlier today, we looked at the fundraising reports of the Democratic field, tallying their funds raised for both the primary and the general election. However, the more germane figure is how well each campaign fared in money raised that can be spent on the primaries.
Let's take a look at how some of the top contenders from both parties fared in fundraising and cash-on-hand available for the primaries, and money spent from July through September.
First, the Democrats:
Hillary Clinton:$21.9M raised
$35M cash-on-hand
$22.6M spent$19.2M raised
$32M cash-on-hand
$21.5M spent$6.8M raised
$10M cash-on-hand
$8.3M spent$4.7M raised
$5.8M cash-on-hand (for primary & general)
$6.7M spent
And the Republicans:
Fred Thompson (since June 4):$12.7M raised
$7.1M cash-on-hand
$5.7M spent$10.0M raised
$11.6M cash-on-hand
$13.3M spent$5.0M raised
$1.6M cash-on-hand
$5.7M spent$9.5M raised + $8.5M personal loan
$9.2M cash-on-hand
$21.3M spent
If I recall correctly, wasn't there a story out last night about how Obama, Guiliani and Romney burned more cash than they brought in?? Looks like everyone (except Fredo) spent more than they brought in.
I wonder if they'll run as prominent a story now that HRC also spent more than she brought in? For some reason I have my doubts.
October 16, 2007 2:40 PM | Reply | Permalink
These figures are incomplete and misleading without taking debts into account. When one does this, we see that Obama and Clinton both have the same amount of cash on hand for the primary: 32 million.
We also see that McCain has about as much debt as cash on hand, so the idea that he has 1.6 million dollars to spend is totally misleading.
Finally, Ron Paul is not listed above for some reason, despite the fact that he raised more primary dollars than McCain (5.3 million vs. 4.9 million). If the idea above is to list the top four fundraisers from each party for the primaries, why is McCain listed instead of Paul?
October 16, 2007 2:41 PM | Reply | Permalink
What Keith said.
Also, it's interesting to note that Edwards -- who's basically being written out of the Dem race for his lagging fundraising -- has more money on hand than all the Reps, except Giuliani, who he's only slight behind. And that's before the matching funds are figured in.
October 16, 2007 2:47 PM | Reply | Permalink
Shadow, please stop mentioning anything about Ron Paul. We don't want people going over to the wrong side of the tracks and getting any dangerous ideas. Things are fine the way they are.
October 16, 2007 3:44 PM | Reply | Permalink
What Shadow said. Ron Paul now has $5.2 million in cash-on-hand, well ahead of John McCain ($1.6 m) and not far behind Fred Thompson ($7.1 m). If you net debt out of cash-on-hand, Paul is also well ahead of Romney. Source: http://ap.google.com/article/ALeqM5g7_ZjDvvIvmcbYoswFR4EKEEzZIwD8SAD2GG0
Finally, Ron Paul is also consistently above McCain in intrade. Maybe it's time to start covering him a little?
(Not that it matters, but I'm not a Ron Paul supporter. I think e.g. returning to the gold standard is nuts. I just think the media's apparent desire to wish/ignore him out of existence is silly. TPM should be better than that.)
October 16, 2007 4:33 PM | Reply | Permalink
Then again, I think all the Republican candidates are nuts.
October 16, 2007 4:34 PM | Reply | Permalink
We're going to hear on O'Reily tonight about how the Republicans are more spendthrifty over the Democrats cuz their top four spent $23.1M less than the top four Dems over the last quarter.
We will NOT hear that the top four DEMs have a combined $53.3M more cash on hand the the top four REPs OR that the top four DEMs out raised the top four REPs by $15.4M (Assuming one counts HRC as a Democrat and not as a Republican, of course).
October 16, 2007 5:35 PM | Reply | Permalink
Clinton's debt is missing! How shocking. Enron-style campaign accounting.
October 16, 2007 8:08 PM | Reply | Permalink
What About Ron Paul? When will the media wake up?
He has 8million to date. You do the math.
November 12, 2007 7:30 PM | Reply | Permalink