Paul Expects to Raise More Than $12 Million in Fourth Quarter

By Lorraine Woellert
Enlarge Image/Details

Nov. 23 (Bloomberg) -- Presidential candidate Ron Paul said he has raised more than $9 million in the past two months and he predicted his campaign will exceed its $12 million fourth-quarter goal.

``It looks like we can't stay under it,'' Paul, a long-shot candidate for the Republican nomination, said in an interview on Bloomberg Television's ``Political Capital with Al Hunt,'' scheduled to air today. Paul said organizers expect a Dec. 16 fundraising blitz to bring in more than the $4.2 million a similar event raised on Nov. 5, an ``astounding'' amount.

Paul said he has begun ``spending generously'' in key early- primary states. He is competing in New Hampshire, Iowa, South Carolina and Nevada, and said he expects to have money to campaign through Super Tuesday, Feb. 5, when at least 22 states may hold primaries and decide the nomination. Read more.