Dems Trounce GOP In Campaign Cash

[Joanne98]

Source: USnews

The presidential campaign finance filings for the 2nd quarter are in, and one thing is abundantly clear: the Democrats are, as a whole, vastly outraising their GOP counterparts. Under the headline "Democrats Continue To Beat Republicans At The Donor Box," the New York Times reports the "eight Democrats running for president raised more than $80 million from April 1 to June 30, while the 10 Republicans raised less than $50 million."

Among Democrats, Sen. Barack Obama raised $32.8 million, Sen. Hillary Clinton $27 million, John Edwards $8.9 million, Gov. Bill Richardson $7 million, Sen. Christopher Dodd $3.25 million, Sen. Joseph Biden $2.3 million, and Rep. Dennis Kucinich $757,000. On the Republican side, Rudy Giuliani raised $17.3 million, Mitt Romney $13.7 million, Sen. John McCain $11.2 million, Rep. Ron Paul $2.4 million, Sen. Sam Brownback $1.4 million, Mike Huckabee $763,000, Tommy Thompson $445,000, and Jim Gilmore (who quit the race Saturday) $182,000.

In terms of cash on hand that can be used for the primaries, Obama leads the Democrats with $34.5 million, followed by Clinton $32.7 million, Edwards $12.1 million, Richardson $7 million, Dodd $5 million, and Biden $1.8 million. On the GOP side, Giuliani has $14.6 million, Romney $12.1 million, McCain $3.2 million, Paul $2.3 million, Brownback $460,000, Huckabee $437,000, and Tommy Thompson $122,000.

Still, despite all the attention being paid to the cash primary, the Wall Street Journal cautions, "While money is a measure of organization and early appeal, it is hardly predictive of how nomination contests will turn out."




Read more: http://www.usnews.com/usnews/politics/bulletin/bulletin_070716.htm