At the end of Q3 2007, Republican presidential candidates were 65.9M behind their Democratic counterparts in the total fund-raising race, with a total take of 175.1M compared to 241.0M on the other side. By the end of Q4, there was still a significant gap between the two parties, but the Republicans managed to close the difference to within 52.6M, according to data just released by the Federal Election Commission.
Hillary Clinton (D-NY) remained at the front of the pack with 115.6M, ahead of Barack Obama (D-IL), who had bankrolled 102.2M so far. John Edwards (D-NC), who joined the majority of one-time candidates on the sidelines last week, was a distant third with 43.9M.
On the Republican side, Mitt Romney (R-MA) has amassed 88.5M thus far (much of it — we hear well over 30M — on loan from himself), besting the recently departed Rudy Giuliani (R-NY) with 60.9M and third place John McCain (R-AZ) with 41.1M. Despite his lower ranking on the fund-raising chart, most observers are awarding the former Commerce Committee Chairman the front-runner label these days after back-to-back victories in South Carolina and Florida.
The heat-seeker remains Ron Paul (R-TX), who more than tripled his income during Q4, although to no apparent avail in terms of votes cast nor poll preferences cited.
Source: Federal Election Commission
* no longer an active candidate