The Romney campaign waited until the end of the day yesterday to release their Q3 fundraising numbers. The big story is that he’s outspending his GOP rivals, “sinking a total of $21 million into his campaign, compared with Giuliani’s $13.3 million in expenses and newcomer Fred Thompson’s $5.7 million.” Rudy’s own burn rate went over 100% during the last quarter, but as a DNC email pointed out, having raised $9.8 million, Romney’s burn rate would have been 214%, were it not for the $8.5 million he personally loaned to his own campaign fund (aka the “nightmare” scenario).
The email also observed that Romney only raised about $8,000 from employees of Bain Capital, the private equity firm he founded — suggesting that that much-discussed source of contributions may be drying up.
1 Response to “Romney: Burn, Baby, Burn”
Something to say?
And your real, worthwhile point IS??????????….WHAT????
Left by dan
October 16, 2007 at 1:51pm