Fred Thompson raises nearly nine million dollars, falls short of expectations

Monday, October 1, 2007 

Fred Thompson

United States Presidential canidate Fred Thompson will report he raised just over $8 million for his 2008 White House bid. However, this falls short of expectations when compared to rival Mitt Romney’s $21.2 million or Rudy Giuliani’s $16.6 million first quarter funds. Second tier candidate, Texas Representative Ron Paul, raised $1 million online in the last week after initially setting a goal of $500,000.

In contrast, Democratic frontrunners Hillary Clinton and Barack Obama's respective campaigns received $53 million and $59 million in the first half of the year. Clinton announced she earned more than $27 million in the third quarter while Obama is expected to have brought in "at least $17 million each in the third quarter."

Related news

• "Fred Thompson raises $3 million, falls short of $5 million goal" — Wikinews, July 30, 2007

Sources

• "First Money Numbers OK for Thompson, But Gap from Late Start Lingers" — Congressional Quarterly, October 4, 2007
• "Clinton Raises $27M in 3rd Quarter" — New York Times, October 2, 2007
• "Thompson’s Fundraising Test" — Congressional Quarterly, October 1, 2007
• "Thompson Raises More Than $8 Million in Third Quarter" — Bloomberg, October 1, 2007
• "Fundraising: Fred's Struggles" — MSNBC, October 1, 2007