Libertarian Rep. Ron Paul (R-Texas) raised about $3 million during the first fundraising quarter of 2011 as he contemplates another presidential bid.

Paul took in $1 million through Liberty PAC, his federal political action committee, and $2 million through Campaign for Liberty, 501 c(4) a non-profit associated with Paul that federal law bars from directly contributing to political organizations, meaning that it could not be transferred to a potential Paul presidential campaign.

The majority of Paul's fundraising haul came from small donors who contributed online, according to Liberty PAC director Jesse Benton.

The total is impressive for Paul, who only relaunched Liberty PAC in early February and raised $100,000 during the first 48 hours following its reestablishment. 

Paul, who ran in the GOP primary in 2008, recently said he is "50-50" on whether he is going to run for president in 2012.

The congressman's fundraising totals were first reported by Politico.