Pure Horserace: Giuliani Leads The Way
Pure Horserace: Giuliani Leads The Way
Former NYC Mayor Tops GOP Money Race With $17 Million In Second-Quarter Donations
Campaign 2008A glimpse at presidential hopefuls and a fund-raising overview as the campaign gears up.
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2008 Presidential HopefulsA glimpse at the Democrats and Republicans who have an eye on the White House.
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Former New York Mayor Rudy Giuliani speaks at a Republican fundraiser in Newport Beach, Calif., on March 24, 2007. Giuliani reported raising $17 million from donors in the second quarter of 2007. (AP Photo/Mark Avery)
Two weeks ago, there was buzz that Romney would break George W. Bush’s $37 million record for an off-year fundraising quarter, but now it appears that if anyone is going to break it, it’s going to be a Democrat.
(CBS) Rudy Giuliani has led the national polls of Republican presidential candidates for months, and now he has a position in the money race to match: His campaign announced today that the former New York mayor raised $17 million and had $18 million on hand as of the end of the second quarter of 2007. That makes him the only one of the top three declared GOP candidates to see his receipts rise from one quarter to the next. Technically, Mitt Romney can still claim raising the most money this quarter, with $20.5 million. But $6.5 million of that comes in the form of a loan from Romney himself. When it comes to the number that really matters — money raised from donors — Romney's haul falls to $14 million. That’s $9 million less than Romney raised in the first quarter of the year. Two weeks ago, there was buzz that Romney would break George W. Bush's $37 million record for an off-year fundraising quarter, but now it appears that if anyone is going to break that mark, it's going to be a Democrat. The decline in Romney's fundraising is troubling for him not only when it comes to money received, but also because it also appears the campaign is spending quite a bit of cash on TV ads (see below). Giuliani has been displaced at the top of the polls by Romney in early primary states and has seen Romney and Fred Thompson's imminent candidacy cut into his lead in national polls. Leading the way in Republican fundraising — even if his numbers pale in comparison to Democrats Barack Obama and Hillary Clinton — could give him a boost at just the right time, especially since Romney and Thompson are expected to begin a pitched battle for the title of the race's "true conservative." Who else is happy about Giuliani's numbers? Probably Democrats, particularly Obama and Clinton. The money gap between the two parties' top candidates only grew in the second quarter, indicating that Republicans may have more important gaps to worry about: energy and enthusiasm. — David Miller
Former NYC Mayor Tops GOP Money Race With $17 Million In Second-Quarter Donations
Campaign 2008A glimpse at presidential hopefuls and a fund-raising overview as the campaign gears up.
Interactive
2008 Presidential HopefulsA glimpse at the Democrats and Republicans who have an eye on the White House.
RELATED STORIES & LINKS
Romney Raises $14 Million In 2nd QuarterGOP Presidential Hopeful Taps Personal Wealth And Boosts Number Of Donors
Money Woes Signal McCain MalaisePoor Fundraising Is Only A Symptom Of Deeper Problems For Arizona Senator's Campaign
Mitt Romney Makes His CaseEx-Massachusetts Governor Talks With Hannah Storm About His Run For President
McCain Shakes Up 2008 Campaign Staff Reorganization Comes As GOP Presidential Hopeful Reports Just $2 Million Cash On Hand
Former New York Mayor Rudy Giuliani speaks at a Republican fundraiser in Newport Beach, Calif., on March 24, 2007. Giuliani reported raising $17 million from donors in the second quarter of 2007. (AP Photo/Mark Avery)
Two weeks ago, there was buzz that Romney would break George W. Bush’s $37 million record for an off-year fundraising quarter, but now it appears that if anyone is going to break it, it’s going to be a Democrat.
(CBS) Rudy Giuliani has led the national polls of Republican presidential candidates for months, and now he has a position in the money race to match: His campaign announced today that the former New York mayor raised $17 million and had $18 million on hand as of the end of the second quarter of 2007. That makes him the only one of the top three declared GOP candidates to see his receipts rise from one quarter to the next. Technically, Mitt Romney can still claim raising the most money this quarter, with $20.5 million. But $6.5 million of that comes in the form of a loan from Romney himself. When it comes to the number that really matters — money raised from donors — Romney's haul falls to $14 million. That’s $9 million less than Romney raised in the first quarter of the year. Two weeks ago, there was buzz that Romney would break George W. Bush's $37 million record for an off-year fundraising quarter, but now it appears that if anyone is going to break that mark, it's going to be a Democrat. The decline in Romney's fundraising is troubling for him not only when it comes to money received, but also because it also appears the campaign is spending quite a bit of cash on TV ads (see below). Giuliani has been displaced at the top of the polls by Romney in early primary states and has seen Romney and Fred Thompson's imminent candidacy cut into his lead in national polls. Leading the way in Republican fundraising — even if his numbers pale in comparison to Democrats Barack Obama and Hillary Clinton — could give him a boost at just the right time, especially since Romney and Thompson are expected to begin a pitched battle for the title of the race's "true conservative." Who else is happy about Giuliani's numbers? Probably Democrats, particularly Obama and Clinton. The money gap between the two parties' top candidates only grew in the second quarter, indicating that Republicans may have more important gaps to worry about: energy and enthusiasm. — David Miller
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