Ron Paul may be within Striking Distance of the GOP Nomination Larry Fester
Published 10/15/2007 - 6:45 p.m. EDT




The candidates have until midnight of Monday October 15th to file their campaign financial reports but based on previous news reports and early reports filed by some of the candidates, Ron Paul may be within striking distance to win the Republican nomination.

Rudy Giuliani has $16.6 million cash on hand but $5 million is for general election. He also has $169,256 in debt. That leaves him with just under 11.5 million cash on hand for the primary.

Fred Thompson has 7.1 million dollars cash in hand but has $678,432 in debt. So he actually after debt has just under 6.5 million cash on hand.




Giuliani’s after debt total of 11.5 million cash in hand for the primary is just under twice of Ron Paul’s previously reported amount of cash on hand. Fred Thompson’s after debt total of 6.5 million cash on hand is only 1.2 million more than Ron Paul has.

This of course is assuming that Paul’s campaign has zero debt as reported in the previous quarter.

Ron Paul has been running a more effective campaign than his opponents spending less money with a lean campaign machine. As a result he hasn’t been getting the free media coverage that the other frontrunners have been getting but he has momentum now and was the only Republican to raise more money in this quarter than the previous quarter.

Eyes will be focused on Paul’s actual campaign report once filed along with the other candidates to see if there are anymore surprises. Discuss the election on www.usadaily.net)

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