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Ron Paul Tops McCain in Cash on Hand

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July 06, 2007 1:14 PM

ABC News' George Stephanopoulos Reports: Though often regarded as a longshot candidate for president, Republican Ron Paul tells ABC News that he has an impressive $2.4 million in cash on hand after raising an equal amount during the second quarter, putting him ahead of one-time Republican frontrunner John McCain, who reported this week he has only $2 million in the bank. 

In an exclusive interview taped Friday and airing Sunday on "This Week," Paul said his campaign is on a better trajectory than McCain's.

"I think some of the candidates are on the down-slope, and we're on the up-slope," said Paul.

Paul's cash on hand puts him in third place in the Republican field in that important metric, although he is well behind leader Rudy Giuliani, who has $18 million in the bank, and Mitt Romney, with $12 million.

Paul, who polls show with support in the low single digits, said his surprisingly strong fundraising is the best measure of his support.

"I think people have underestimated the number of people in this country who are interested in a freedom message," says the Republican congressman from Texas, who has strong libertarian leanings.

Click HERE to watch a clip from the interview. 

To watch the full interview, tune in to "This Week" on Sunday (check local listings).

July 6, 2007 in Thompson, Fred | Permalink | User Comments (945)

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Good for you, Dr. Paul. I have a feeling we'll be seeing him move up a little higher on that ladder-and in the polls, too. It's early in the race, plenty of time for change. The rest of the candidates are the same as Bush and they follow him in whatever he does.

Posted by: Cat | Jul 6, 2007 1:30:39 PM

Its great to hear that Dr. Paul has been able to continue his campaigns growth. I also am pleased that ABC will give him some broadcast TV time. I do disagree about the single digit polling numbers, even ABC's own poll after the 1st debate was removed when Ron Paul had the lead.

Posted by: Damon Talbot | Jul 6, 2007 1:34:45 PM

Paul's supporters who are willing to hit the streets for him are worth more than McCains and Giuliani's millions combined.

The Revolution has begun.

Posted by: Michael | Jul 6, 2007 1:35:29 PM

That is great news. Thank you for reporting on this ABC News. He is most definitely on the upslope. The Iowa rally was electric!

Posted by: JoshLowry | Jul 6, 2007 1:36:58 PM

Good thing he was excluded from the June 30th Iowas forum, even though he met all the requirements of a declared candidate - and has more money than McCain. The GOP is terrified that an antiwar libertarian is more popular than a conservative governor like Huckabee!

Posted by: Sam Gattis | Jul 6, 2007 1:37:53 PM

Excellent news!

Ron Paul can put this money to use effectively, since he doesn't spend like the corporate candidates do. Those guys have to HIRE people to promote them. Ron Paul simply INSPIRES people to promote him.

The Liberty Express rolls on...

Posted by: Spirit of 76 | Jul 6, 2007 1:41:10 PM

I wonder what the real total is once you factor in all the money the Meetup groups are spending and all the money people are doing individually.

Posted by: wbbgjr | Jul 6, 2007 1:43:46 PM

I don't know about you guys, but this is so encouraging that I'm going to double my efforts and monetary support for Ron Paul.

Posted by: wbbgjr | Jul 6, 2007 1:45:39 PM

70% of Americans want us out of Iraq and want change.

Ron Paul is only republican candidate against the war.

Ron Paul only needs about 30% vote from republicans sick of the war and abuse of powers to win in republican primaries.

Ron Paul will win.

Posted by: Silence Dogood | Jul 6, 2007 1:46:25 PM

Dr. Poll won most of the Republican debates, ABC, CNN, MSNBC but no one every knew, they were quietly hushed. Go, Dr. Paul!

Posted by: Betty Miles | Jul 6, 2007 1:50:37 PM

Alright! Now we have to work on beating that next quarter!!!

Thanks to ABC for daring to speak the name of Ron Paul.

Posted by: AngelaTC | Jul 6, 2007 1:52:33 PM

I am 60 years old. I have always voted for smaller government and to uphold the Constitution. I have never gotten what I voted for. Today I put my home up for sale. I am taking the proceeds and going to spend it promoting Ron Paul. That is the best way to spend my grandchildrens inheritance. They will benefit more by having President Ron Paul than having $100,000 of fiat money. Our lives, our fortunes, our sacred honor. The Revolution has begun.

Posted by: Freedom Fighter | Jul 6, 2007 1:55:04 PM

I'll definitely be donating more to his campaign too. To me, Ron Paul represents what America is supposed to be. A great democracy and a great beacon of liberty.

Posted by: Holly | Jul 6, 2007 1:55:29 PM

LMAO at McCain!

Paul is the only repub I can stomach.

Posted by: BlueJersey | Jul 6, 2007 1:59:26 PM

Mccain should give up his straight talk express bus to Ron Paul...the only candidate talking real sense, instead of same bland and mindless bumper sticker talking points...

Posted by: Peter L | Jul 6, 2007 1:59:28 PM

Thank you ABC. This is a big story!

Posted by: Steven Pillo | Jul 6, 2007 1:59:31 PM

LOL! Ron Paul has more cash on hand then John McCain.

And almost more than Mitt Romney if he didn't donate his own money to his campaign.

The establishment better watch out, Ron Paul is a top tier candidate now.

The Revolution is coming.

Posted by: BZ Smith | Jul 6, 2007 1:59:55 PM

Yay Dr. Paul! Also thank you ABC for reporting this.

Posted by: dianna | Jul 6, 2007 1:59:58 PM

McCain can thank his stand on immigration for his demise. He will go further down as the election closes in.

Posted by: AM | Jul 6, 2007 2:00:15 PM

"Cry Cry The 4th of July!
Will Freedom Reign or
Liberty Die?"

RonPaul2008.com


That would be my slogan for the Campaign BTW

Posted by: john q | Jul 6, 2007 2:01:27 PM

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