Ron Paul’s third-quarter fundraising nets $5M

C.J. Ciaramella Contributor
Font Size:

GOP presidential candidate Ron Paul’s campaign fundraising efforts reportedly raised $5 million in the third quarter of 2011.

Paul spokesman Gary Howard told The Wall Street Journal that the Republican Texas congressman brought in at least $5 million, up from $4.5 million in the second fundraising quarter.

The Paul campaign has relied heavily on small donors and weekend “money bombs.” On four occasions during this campaign season, Paul has netted more than one million over the course of a single weekend.

Paul still lags behind frontrunners Mitt Romney and Rick Perry, however, both of whom have well-oiled fundraising machines. Romney is expected to announce between $11 and $13 million in third-quarter fundraising numbers, which candidates are required to disclose today.