|
Giuliani leads Romney in second-quarter tally |
|
By Sam Youngman
|
|
Posted: 07/03/07 03:51 PM [ET] |
Former New York City Mayor Rudy Giuliani’s (R) campaign boasted Tuesday that it has surpassed its GOP rivals in the money race for the second quarter.
Giuliani’s campaign said in a release it had raised more than $17 million for the quarter and has $18 million cash on hand.
A campaign spokeswoman said about $15 million of the second-quarter haul is in primary donations and $15 million of the cash on hand is for the primary.
Former Massachusetts Gov. Mitt Romney’s (R) campaign said his total for the second quarter came to $20.5 million, with $12 million cash on hand after he contributed $6.5 million of his own money to the effort.
Romney’s contribution allowed him to keep pace, but Giuliani was able to do better than the $14.7 million he raised in the first quarter.
Both announcements came the day after rival Sen. John McCain’s (R-Ariz.) campaign told reporters it had only $2 million in cash. McCain’s campaign also announced it was undergoing a significant restructuring that includes mass layoffs and salary cuts.
Giuliani’s campaign seemed to be taking an indirect swipe at McCain’s staggering burn rate in its statement Tuesday.
“We are thrilled by our fundraising this quarter and are running a strong and efficient campaign,” campaign manager Michael DuHaime said. “We are well positioned to win both the primary and the general elections, and we are serious about being good stewards with the money that has been entrusted to us.”
Romney kicked in his own money for the second time this year, and his total receipts for the year amount to $43.9 million, with $35 million raised.
But the former governor has been spending more time on the airwaves than any of his opponents, which probably accounts for the disparity between funds raised and his cash on hand total.
Romney’s campaign also noted that it is accepting donations only for the primaries.
By contributing his own money, the former governor was able to nearly match his pace from the first quarter and send a signal to his rivals about the benefits of his enormous wealth.
|
