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Ron Paul Still In US Presidential Race With Millions In Funding And Zero Debt

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First Rick Santorum slipped out of the race for the GOP nomination, and next Newt Gingrich said he would support Romney but would still run. But what about Ron Paul’s quest for the White House?

According to the latest bulletin from the campaign headquarters of the Texas congressman, Ron Paul is still in the race and rolling in the bucks.

Republican Party presidential hopeful Ron Paul is still polling strong among many demographics and shows no sign of slowing down. At least if his bank records have anything to do with it. The candidate’s camp announced on Friday that so far in 2012 his campaign has managed to bring in almost $10.4 million in contributions from donors determined to keep the congressman in the GOP race.

Those funds won’t be funneled to pay off earlier spending, either. His officials say that in addition to the big bucks that came in for the first quarter, the Ron Paul campaign has zero debt at this point in the race. Compare that to Republican Party rival and former House Speaker Newt Gingrich who was reportedly in the hole to the tune of $4.5 million last week, according to an article published by Slate.

As Ron Paul and Gingrich are now left as the only viable Republican alternative to Mitt Romney, Gingrich’s chances might soon run dry as his pocketbook does the same. Will Paul have a chance to pull through against the frontrunner, though?

“Total contributions of $10.4 million in Q1, including details such as $1.8 million cash on hand and more money bomb cash in the pipeline, amounts to excellent news as these resources fuel our effective delegate-attainment strategy,” campaign chairman Jesse Benton tells supporters in a press release published Friday.

Benton adds that he doesn’t expect to see a slump anytime soon, either. Next month Ron Paul will be put to the test in Texas, where he has served several terms as a state congressman. On May 29, residents will vote in the state’s primary.

“These ample funds also will help us compete even harder in Texas, where Ron Paul is the only Texan, veteran, and authentic conservative running,” Benton says Friday of the candidate’s continuing success.

Aside from a fat wallet, Ron Paul’s team says that the departure of Santorum from the race opens up new opportunities for their candidate to collect delegates, a maneuver that has been an unusual yet well orchestrated move so far in the campaign.

“We are fighting really hard in many states on our convention strategy,” Benton tells US News & World Report. “The exit of Santorum has opened up any more delegate opportunities for us.”

“I am not going to try to deceive you, and say that Romney doesn’t have some advantages,” Benton says. “But until he has 1,144 delegates, we are going to press on with our campaign.”

Speaker Newt Gingrich is also still campaigning, but last week his campaign bounced a check for $500, reported CNN. Since then he has been resorted to renting out his campaign’s donor list in order to dig himself out of the hole.



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4 thoughts on “Ron Paul Still In US Presidential Race With Millions In Funding And Zero Debt

  • Avatar
    April 22, 2012 at 5:05 am
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    Ron Paul won many delegates today in Houston Texas! We expect a very strong showing in Tampa and anyone who is counting him out will be very surprised!

    Ron Paul 2012

    Reply
  • Avatar
    April 22, 2012 at 5:50 am
    Permalink

    Ron Paul just won 20 out of 24 Congressional District delegates from Minnesota to national convention. It is delegates at national convention who elect the GOP nominee, not the voters directly. That is half the delegates from the state, and he is well positioned to win others at the state convention, coming soon.

    His supporters just swept leadership positions in Iowa. Etc.

    The race isn’t over until Romney gets 1144 bound delegates.

    Reply
  • Avatar
    April 22, 2012 at 1:56 pm
    Permalink

    Fortunate, that Ron Paul was able to even be noticed at times in the Press. There are many other contestants in the future elections, that acted even better than he did, at having their chance to use the funds from the GOP and end on pages of news papers like the Sunday’s commercial coupons at the local food chains…especially the many comics.
    Presidential elections are about the most profitable thing the uS has going for them…and has been for many years…consecutively.
    Many say that’s why the levels are so high for the decrease in longevity and education,etc. It’s also contributed to the inflationary rate of the dollar bill … and to the higher than normal, high level of mental disease among the whole population.
    Many people across the country view politics as a waste, and are concerned with other things, more than likely defined as normal.
    Both tend to over-rate themselves anyway. They could use the same political tactic that Andrew Jackson used and it would not help to have a duel with guns in the street and act like they were actually the most patriotic ones that somehow actually avoided dodging the real bullets in Vietnam, Afghanistan, Iraq or in the urban streets of the uS.
    Truth is, all of them running for president, excluding the Women are considered a bit mentally deranged…focused on themselves instead of the real world problems at hand.
    The political geniuses are actually not ingenious at realizing the correct or they would not today identify any problems themselves as the usual norm.
    I often just use them only as entertainment … and laugh.

    Reply
  • Avatar
    April 23, 2012 at 2:36 am
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    Is it just me or was the comment from George Ronald Adkisson bloody hard to follow?

    Anyways, RP for the win. They might as well not report about delegates at all, I’d be more informed of the situation.

    Reply

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