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Tuesday, July 17, 2007

Dems pull ahead of GOP in Q2 fundraising

According to figures reported by Political Insider, candidates for the 2008 Democratic presidential nomination raised about 73% more cash ($82 million) as compared to the GOP candidates ($47 million) in the second quarter.

Obama leads the way for Democrats with $32.8 million, followed by Clinton at $27 million followed by a big drop off to third place for Edwards at $8.9 million.

For Republicans, Giuliani leads with $17.3 million, followed by Romney at $13.7 million and McCain at $11.2 million.

According to Political Wire, the Democratic Senatorial Campaign Committee raised more than twice as much cash ($17.6 million) as the National Republican Senatorial Committee ($8.6 million) in the second quarter.

Political Wire also has speculation that Thompson put off his announcement so he wouldn't have to file campaign finance disclosures for the second quarter. (UPDATE: The Crone has more interesting speculation as to the reason for the delay.)

According to the San Diego Union-Tribune, a July National Journal poll showed that 73% of Democratic insiders predict Clinton will win the nomination, followed by 19% for Obama and 5% for Edwards. 36% of Republican insiders predict Giuliani and 35% predict Romney. Thompson comes in third at 18%. (Only 3% of Democratic insiders predicted the other unannounced potential candidate, Al Gore.)

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CHRIS KROMM blogs three days a week for Facing South. Chris is Executive Director of the Institute for Southern Studies and publisher of the Institute’s award-winning magazine, Southern Exposure.

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