From USAToday:
Republican Ron Paul says he has $2.4 million in cash on hand "after raising an equal amount during the second quarter," our friends at ABC's Political Radar blog write this afternoon. As they say, that puts the presidential candidate "ahead of one-time Republican frontrunner John McCain, who reported this week he has only $2 million in the bank."
Political Radar adds that:
In an exclusive interview taped Friday and airing Sunday on This Week, Paul said his campaign is on a better trajectory than McCain's.
"I think some of the candidates are on the down-slope, and we're on the up-slope," said Paul.
Paul's cash on hand puts him in third place in the Republican field in that important metric, although he is well behind leader Rudy Giuliani, who has $18 million in the bank, and Mitt Romney, with $12 million.
Ooooooh. Double ouch. Not only does the money issue hurt, so does Paul rubbing it in on the upcoming Sunday TV talk show circuit. McCain may have the edge over Paul in the polls, but with so much time for shifts in the public sentiment, the time is now for crucial fundraising efforts. With McCain's campaign mishaps and his "I am Bush's lapdog" approach on the war, Paul is right, John is on the down-slope.
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