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Hey Big Spender!
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ShareOctober 15, 2007 4:37 PM
ABC News' Jan Simmonds Reports: Rudy Giuliani spent more than he raised from July to September of 2007, dishing out $13 million while taking in $11.4 million.
The Federal Election Committee posted Giuliani's, R-N.Y., third quarter filing on their official website on Monday, detailing exactly how much money Giuliani has raised and spent to-date in his bid for the Republican presidential nomination.
The Giuliani campaign listed a total of $16.6 million cash on hand, with $11.6 million available for the primaries. The campaign's debt remains very low, listed at just $169,255.75.
According to estimates released by the campaigns shortly after the quarter came to a close on September 15th, Giuliani will lead in fundraising for the summer months. That said, his total did declined from his April through June high and the campaign did make a staff change over who runs their daily fundraising operations.
Anne Dunsmore, Giuliani's Deputy Campaign Manager for Finance, was replaced by James H. Lee, a private investor and former fund-raiser for President Bush, days before the close of the third quarter. Dunsmore's departure has been described as "amicable" by the campaign.
Giuliani said he thought Lee "would spread us out, even more nationally", noting that Lee has been "an enormously successful fundraiser for us."
Attorney General nominee Michael Mukaskey, who faces the beginning of his Senate confirmation hearings on Wednesday, donated the maximum allowed under the law to Giuliani. This is not a great surprise since he is personally close with Giuliani and was part of his campaign. Mukaskey's last contribution came on July 16th, almost a month before President Bush tapped him to lead the Justice Department.
All presidential candidates are required to file their third quarter reports with the FEC by midnight Monday.
October 15, 2007 in Thompson, Fred | Permalink | User Comments (7)
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Unfortunately, it looks like we're going to get either a pro-choice Hillary or a pro-choice Giuliani for President. Neither is good.
Posted by: Jamie | Oct 15, 2007 5:27:04 PM
This is the same guy who in the CNBC debate suggested to offset foreign debt we sell what we don't have energy independence and health care
Posted by: Gar Mowery | Oct 15, 2007 5:32:54 PM
If he does this with his campaign money, I'd hate to think what he'd do with our countries finances !
Posted by: kenny | Oct 15, 2007 5:46:25 PM
"outspoken critic of the Federal Reserve’s inflationary measures"?
What utter nonsense. Inflation has been practically zilch for the last 20 years thanks almost entirely to the Fed's monetary policy.
Posted by: R. Kpjmspm | Oct 15, 2007 6:22:29 PM
He may be putting it in his lovey's account.
Posted by: starleo146 | Oct 15, 2007 10:28:03 PM
Maybe he given all of his money to Bill, Oh i'am sorry, maybe to Hillary for her campaign.
Posted by: cpman1946 | Oct 16, 2007 2:20:59 AM
Guiliani is a pre-madonna bottom line, private jets, five star hotels, he's about as bad as Britney Spears, although she has had less marriages. . . hmmmm
Posted by: Michael | Oct 16, 2007 7:52:43 AM
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