Cash On Hand Thread

Some cash on hand numbers are starting to trickle in (see here and here):
  • Romney, $11.9 million cash on hand, 32,000 donors
  • Giuliani, $10.8 million cash on hand
  • McCain, $5.2 million cash on hand, 51,000 donors
  • Ron Paul, $525K on hand
  • Kucinich, $164K on hand
  • Tommy Thompson, $140K on hand
A combination of cash on hand (how much money you actually have) and total campaign donors (how much money you can raise in the future) offers the best look into the long-term money situation for the primary / caucus season. The big three on the Democratic side are all expected to report tomorrow.

Update: It is also interesting to note that Romney raised $7.2 million online. With under 20,000 small donors, and with the average donor to his campaign giving around $750, that is pretty strange. Is his campaign making several large donors pay online, ala Sestak in 2006? Seems like it.



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Re: Open Cash on Hand Thread (3.00 / 1)

Looks like Giuliani had the lowest burn rate (as a percentage of $$ raised in Q1). Both McCain and Romney blew through more than 50%.

The Democratic side should be interesting to see, particularly Clinton's numbers - she blew through way too much money on her re-election campaign, and it'll be interesting to see if the same free-spending habit carries over.


by PsiFighter37 on Sat Apr 14, 2007 at 05:55:48 PM EST

Re: Open Cash on Hand Thread (3.00 / 1)

Yeah, what's with that?  Was she just trying to get some positive favorables leading into the primaries... Seemed like overkill, she'd have an assload of COH if she had spent at the level that was called for.


by yitbos96bb on Sat Apr 14, 2007 at 06:31:41 PM EST
[ Parent ]

Re: Cash On Hand Thread (none / 0)

SO Romney outraised Obama, Clinton and Edwards online?  I call Shenanigans.  I agree that he must have had his big donors go on line.


by yitbos96bb on Sat Apr 14, 2007 at 06:30:03 PM EST

Re: Cash On Hand Thread (none / 0)

Any time you can get someone to contribute the instant they pledge, you want to.  Never create unnecessary opportunities for donors to avoid giving pledged contributions.


by Jay R on Sat Apr 14, 2007 at 10:31:09 PM EST
[ Parent ]

Re: Cash On Hand Thread (none / 0)

Is there any way to track the burn rate of these campaigns?  What is the monthly fixed costs for each campaign?


by howardpark on Sat Apr 14, 2007 at 06:40:12 PM EST

Re: Cash On Hand Thread (none / 0)

Does anyone know the standards for inclusion in the 6 sanctioned DNC debates? With Clinton, Edwards, Obama, Biden, Dodd, Richardson, Kucinich, and Gravel that's 15 minutes each in an1 1 1/2 hour debate. That's a joke. I hope they have some cut-off for the like 5% in an average of polls in the last 4 of 6 debates.

Running for President shouldn't be like Little League. Not everybody gets to play.


"Nothing seems to embarrass the political class today." - Bill Moyers
by joejoejoe on Sat Apr 14, 2007 at 06:45:32 PM EST

Re: Cash On Hand Thread (none / 0)

It shouldn't be a popularity contest either.  Why let the least informed voters decide who gets in the debate?  If there are a lot of serious candidates (meaning present or former senators, governors, and representatives), the debates should be longer than 1.5 hours.  People will watch a football game for 3.5 hours, and this is a lot more important.


by Lex on Sun Apr 15, 2007 at 01:20:54 AM EST
[ Parent ]

Re: Cash On Hand Thread (none / 0)

Running for President shouldn't be like Little League, it should be like a grown up democracy. And in ours, anybody who is an American born citizen and is over 35 can run for President, and everybody gets a voice. I'm not voting for Kucinich, or Gravel but they're all running and their messages ought to be heard too.


by afertig on Sun Apr 15, 2007 at 01:22:42 AM EST
[ Parent ]

Re: Cash On Hand Thread (none / 0)

Romney's online donations aren't really comparable: http://www.techpresident.com/node/253

That's Mike Turk's piece, who was the eCampaign director for Bush/Cheney.  He's pretty smart about this stuff.


by Matt Stoller on Sat Apr 14, 2007 at 07:01:47 PM EST

Re: Cash On Hand Thread (none / 0)

About Romney it is his big donors that came through online. Didn't he raise $6 million in one day right near his announcement? I think all of the donors were directed to donate that online. As Matt's post above links to.

So the number isn't really that impressive overall compared to Obama, Clinton and Edwards, at least not in a grass roots sort of way. Romney's numbers are impressive but not in breadth/number of donors sort of way


by okamichan13 on Sat Apr 14, 2007 at 08:29:30 PM EST

Really interesting (none / 0)

that no hard numbers on burn rate/ cash at hand from the 3 top dems. Should be very very interesting


by okamichan13 on Sat Apr 14, 2007 at 08:30:49 PM EST

Re: Cash On Hand Thread (none / 0)

Romney is a Morman and he will get lots of small donations,


by zola on Sat Apr 14, 2007 at 08:37:59 PM EST

Re: Cash On Hand Thread (3.00 / 1)

Matt, I worked campaign finance on a high-volume race last cycle.  The big donors, whenever possible, were urged to contribute via credit card, because there's nothing more annoying than having huge amounts of pledged funds floating around uncollected.  Someone would sit next to the candidate with a laptop loaded to ActBlue and wait for someone to agree to contribute, then take their information immediately to minimize the number of opportunities they'd have to "forget" to write the damn check.

Anytime someone with a huge-ass credit limit agreed to give, we'd push them to plastic.  I'd be shocked if Mitt's guys didn't do the same.  With as many Congressmen as have endorsed him, I'm sure he's spent plenty of time on the phone with their top donors.


by Jay R on Sat Apr 14, 2007 at 10:24:15 PM EST

The Thompson Twins (none / 0)

Sooo, Tommy Thompson's not doing so well.  Who, aside from his mother, is surprised?

But with all the talk about Fred Thompson, I think we can finally see how the GOP can inject some real life into their campaign:  Run a Fred Thompson/Tommy Thompson ticket.

It's precisely the sort of trvial move that can keep Versailles twittering for months!  And before you know it, the election's over... voila!

And, of course, who could forget the Thompson Twins big hit, Lies?


by Paul Rosenberg on Sun Apr 15, 2007 at 05:11:04 PM EST


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