Friday, October 5, 2007

3rd Quarter Fundraising Amounts – Dems Win, Again

The 3rd quarter fundraising results are out with a huge disparity again favoring the Democrats. The WSJ reports that for the year, the top Democrats have raised $239.7 million to the $160.5 million raised by the top Republicans.

On the Democratic side, the race is on between Hillary Clinton and Barack Obama. Obama surprised many by raising $20 million in a typically slow quarter. The next day, Clinton topped that by raising $27 million.

Republicans Mitt Romney and Rudy Giuliani sharpened their rivalry with both reporting similar fundraising amounts of $10.5 million and $11 million. Newcomer Fred Thompson came in third with $9.3 million. Ron Paul shocked many by raising $5 million in the last 3 months. This was $4 million more than rival Mike Huckabee and a million less than John McCain, who has recently had a comeback in the polls.

Why is there such a disparity between the two parties? Well looking at recent polls, Hillary continues to dominate her party’s nomination race, but the Republican race is still in the air with some candidates the winning in the national polls, others winning in the primary states, and key groups like evangelicals unsure of who to support.

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