Paul Raises Jaw-Dropping $5 Million

ABC News' Z. Byron Wolf Reports: It dominated headlines yesterday when Sen. Hillary Clinton, D-NY, announced her campaign juggernaut had outpaced all rivals in the campaign fundraising horse race with a $27 million haul in the third quarter.

Today's fundraising announcement by Rep. Ron Paul, the Republican Libertarian ob-gyn from Texas, doesn't involve quite as much money, but is downright jaw-dropping.

His campaign is revealing today that in the 3rd quarter Paul raised $5,080,000. This is more than double his 2nd quarter figure of $2.4 million and no small sum for an insurgent campaign.

Comparatively, Paul's Q3 figure is five times what was raised in the same period by GOP rival former Arkansas Governor Mike Huckabee, who is often given a better chance at the party nomination by political pundits. It puts Paul in the same fundraising neighborhood as top-tier Republican candidates like Sen. John McCain, R-Ariz.

Paul has become the buzz candidate with his hearty and vocal supporters, omnipresent on the Internet and at campaign events. But Paul's strict Libertarianism -- he is as vocal in his opposition to the Iraq war as he is in his support for the 2nd Amendment -- could hurt him with the GOP base who will ultimately choose the Republican nominee.

ABC's affiliate in Manchester, New Hampshire caught Paul at the airport Wednesday.  To watch Paul's reaction to his third quarter fundraising success, click HERE.

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