Bachmann campaign brings in $4 million: report

Reuters News
Posted: Jul 15, 2011 8:03 AM
Bachmann campaign brings in $4 million: report

WASHINGTON (Reuters) - Republican presidential candidate Michele Bachmann raised about $4 million for her campaign in the second quarter of the year, a source told CBS News.

The Minnesota congresswoman brought in $2 million through fundraising in the past 2 1/2 weeks and transferred another $2 million from her congressional account, CBS said on its website Thursday night, citing a Republican source close to Bachmann.

Bachmann's fundraising puts her in the same range as most of the other Republican hopefuls for the 2012 election with the exception of front-runner Mitt Romney, the former Massachusetts governor who raised $18.25 million, according to campaign filings.

President Barack Obama's campaign dwarfs them all with $86 million in the second quarter when combined with fundraising by the Democratic National Committee. His campaign raised $47 million.

Bachmann, a favorite of the fiscally conservative Tea Party movement, has emerged as a chief to Romney since she entered the race a few weeks ago. In a Reuters/Ipsos this week Romney led her 40 percent to 23 percent in a head-to-head battle but some polls show her leading in Iowa, which kicks off the nominating battle and can give a candidate valuable momentum.

(Editing by Bill Trott)