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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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Freedom has two first names. Keep donating, spread the word. Join the Ron Paul revolution!

Posted by: nullvalu | Jul 6, 2007 2:01:48 PM

Ron Paul's message of less government, less foreign intervention and more personal liberties resonates with the average American. Go Ron Paul!!!!

Posted by: John Whittington | Jul 6, 2007 2:02:14 PM

Angela! Please don't let your enthusiasm sweep you into doing something you'll later regret. Call the Paul campaign, tell them what you're planning on doing. I'm almost certain they will tell you to make a more reasonable donation.

Posted by: Dan | Jul 6, 2007 2:02:23 PM

Ron Paul is the only candidate out of both the republicans and democrats who is not backed by the special interest groups that are destroying this nation. He is the only one with a DIFFERENT platform, one that will restore the U.S.A back to its ideal. We live in a dangerous time due to people like Bush and a congress that could care less about the country and more about their own coffers. LONG LIVE THE RON PAUL REVOLUTION!!!

Posted by: William Wallace | Jul 6, 2007 2:02:26 PM

Just checked Fox news to see if this was reported. Not a chance! Thank you ABC for getting this man's name out. Since our country allows the mainstream media to determine elections, I'm happy you're helping to make it a fair race.

Posted by: nicole | Jul 6, 2007 2:02:39 PM

YES! I have always been an outsider when it comes to politics because i never felt that anyone ever really represented me. That is until Dr. Paul and his freedom message came about. I am 100% behind Dr. Paul and his freedom message. Let the Revolution begin!!!!!

Posted by: AHS | Jul 6, 2007 2:04:17 PM

Yes! The cash on hand does not include the 10s of thousands of unpaid volunteers, donated posters, flyers, buttons, wrist bands, banners, etc that are appearing across America.

Look for a wave of support to hit Des Moines, Iowa on August 5, 2007 for the 4th debate. I'll be there if I have to hitch from NC!! Rp will do more of the same...TRUTH in POLITICS.

Looking forward to an excellent interview by one of the best (GS).

Posted by: Dave Prunczik | Jul 6, 2007 2:04:40 PM

Thank you ABC for reporting this. You have to understand that there is a growing concern of many people that the Ministry of Truth is not being objective in their reporting and are turning to alternative sources for their news. When the Truth is outed, which corporate news organization will be the one who will be trusted in the future as having been upstanding. Business-wise, and long-term, it's the smartest descision to stick to stick to the Truth and objectivity.

Posted by: Wayne F. | Jul 6, 2007 2:06:05 PM

"9-11 was an inside job! Steel doesn't melt!" ... When did Libertarians become Truther/Bircher lunatics?

Posted by: Buzz | Jul 6, 2007 2:07:49 PM

I think that people have underestimated the value of the Daily Show/Colbert Report/Real Time circut. Ron Paul has made several appearances on all of them and has presented himself very well and with good humor which counts for a lot with voters...it makes him "Real" as opposed to seeming manufactured or canned...It is also great free advertising...Americans are smart people and tend to reguard these rightly or wrongly as "Smart" shows which I think translates to his campaign to some degree. The audience may not be his uasual constituency but thir votes count just the same

Posted by: Dragoon21b | Jul 6, 2007 2:09:55 PM

Looks like the people are beginning to express their dissatisfaction with both parties, by taking more direct looks at the so called "dark-horses". I am strongly in favor of looking at better potential candidates, then those the parties would typically put forth, from either party.

Posted by: Rick McDaniel | Jul 6, 2007 2:10:14 PM

Ron Paul is gaining support left and right. People are tired of all the wasteful spending and lives lost overseas for NO reason at this point. Ron Paul has my FULL support...its a shame he doesn't get much coverage....he sells himself

Posted by: Jimmy | Jul 6, 2007 2:10:24 PM

Yeah, thank you ABC for putting a good story out there. I'm a dem, but I'm thrilled to see pubs supporting Paul, a decent man. It gives me a little respect and hope for the pubs that they can choose good people to run their party. I may vote for Paul if he runs against Hill. Keep up the good work, Ron Paul supporters, and bring some credibility back to your party!

Posted by: Cat | Jul 6, 2007 2:11:16 PM

This is just the beginning. Ron Paul's message of hope for America, of Freedom, of Patriotism and Pride in our Constitution and Democracy is resonating and will continue to resonate.

The big news channels like to avoid him. Maybe they think hes too good to be true. But he has inspired so many people to take up the message of freedom and small government. Of Controlling our own future, and not letting special-interest chumps like the corporate-funded 'toptier' continue to ruin our country for their own political gain.

There are so many instances of Ron Paul activism in all 50 states, why won't anyone cover that? Like someone else said, The other politicians have to PAY people to support them, the thousands of Ron Paul supporters in this country are INSPIRED to support him. Now thats what I call a big story.

Posted by: Bill | Jul 6, 2007 2:11:46 PM

Just keep spreading the message, people! And thank you ABC for helping the effort. Real change could happen in our lifetime. These are momentous times!

Posted by: bret | Jul 6, 2007 2:12:45 PM

as a Canadian Citizen I do all I can to promote RP in Toronto where 250 thousand American Citizens live~
thank you ABC for reporting this great news!

Posted by: Tom Dybowski | Jul 6, 2007 2:12:49 PM

Who would have thought that a politician who actually has respect for the US Constitution would get support? This is unbelievable. Now, watch for the mother of all attacks that will be coming toward Congressman Paul. There is a lot at stake for so many industries and special interest groups that receive subsidies from our federal government.

"Without love in the dream it will never come true" - hunter

Posted by: squirrelbrewer | Jul 6, 2007 2:14:48 PM


I agree that his support in the media polls will soon increase, but I doubt the media/nightly news polls will ever measure the true depth of Dr. Paul's support.

Like a lot of Paul supporters, I was a registered Independent until last week, when I switched to R to vote for him in the primary. I will never be counted in any news poll but my vote, for Dr. Paul, will be counted on election day.

Posted by: DC | Jul 6, 2007 2:14:51 PM

wow, congrats to ron paul!!! could the GOP finally be ready for a progressive shift, more intune with what the majority of americans want?? I'll keep my fingers crossed.

Posted by: j | Jul 6, 2007 2:15:56 PM

The Iraq war is a loser, especially to those who support it.

Posted by: Phil Livesey | Jul 6, 2007 2:16:08 PM

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