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Republican Presidential hopefuls are set to release fundraising totals from the second quarter as soon as today — and initial indications are that the numbers will not impress.What we know so far, from The New York Times:
- Mitt Romney is expected to announce he brought in less than $20 million this quarter. This is below previous reports which indicated he may have raised as much as $40 million, but it is likely the GOP front-runner’s PAC and SuperPAC brought in substantial totals as well.
- Tim Pawlenty raised less than $5 million in the quarter. This is another blow to his attempts to prove he is a top-tier candidate.
- Ron Paul brought in between $4 million and $5 million.
- Jon Huntsman’s campaign brought in $4.1 million in 10 days of campaigning — with just under half from the candidate himself.
Here’s what to look for.
- How little did Newt Gingrich raise? His campaign has been on life-support and probably can’t survive raising less than $4 million.
- Did Michele Bachmann out-raise Pawlenty? Pawlenty has been an all-but-declared candidate for over a year, and has been on the campaign trail for four months, while Bachmann announced last week. If she brought in more money than the former Minnesota Governor, she’ll give her campaign another boost of legitimacy.
- Just how much did the Obama campaign raise this year? The President has been criss-crossing the country holding fundraisers, and his campaign has set a goal of 500,000 individual donations. Expectations are set at a haul of $60 million — will they beat it?
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