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Paul Out Did Gingrich In Funds Raised

According to fourth quarter financial filings for 2011, Republican presidential candidate Ron Paul outraised fellow Republican candidate and former House Speaker Newt Gingrich by more than $3 million at the end of last year.

According to the Federal Election Commission, Paul received $13.32 million in donations between October 1st, 2011 and December 31st, 2011 and Gingrich pulled in $9.82 million during the last three months of 2011. The Paul campaign is currently still operating in the black, while Gingrich’s filings indicate that his campaign is $1.2 million in debt.

The filings also indicate that Gingrich’s campaign paid him $206,000 for travel, $47,000 for a list of supporters and paid one of his companies another $67,000 for web hosting. The expenditures are unusual because candidates are allowed to contribute unlimited amounts to their own campaigns, and the campaign usually pays directly for candidate travel. According to POLITICO, Gingrich did not return a request for comment to the publication regarding the expenditures.




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