Ron Paul raises $8 million in third quarter

C.J. Ciaramella Contributor
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Republican presidential candidate and Texas Rep. Ron Paul brought in more than $8 million in fundraising for the third-quarter, exceeding the $5 million he was expected to report.

Those numbers put Paul third in GOP candidate fundraising, but still well behind the well-oiled campaigns of Mitt Romney and Rick Perry. Romney is expected to bring in $12 million, while Perry announced $17 million since entering the race.

Though Paul may lack the large donors who have gravitated toward Romney and Perry, he has stayed competitive thanks to a fervent and active base of small donors.

In a statement, the campaign announced it had received contributions from more than 100,000 unique donors — “more than five times the number of total donors to the campaign of Texas Governor Rick Perry.”

“The amount and nature of donations to Ron Paul proves his fundraising prowess and also demonstrates in real numbers the grassroots support Dr. Paul receives from average Americans,” said Paul campaign chairman Jesse Benton.

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