Cain raises $2.8 million in third quarter

Oct. 15, 2011 at 1:45 PM
| License Photo

BARLETT, Tenn., Oct. 15 (UPI) -- Herman Cain, the former Godfather's Pizza chief executive and Republican presidential hopeful, said he raised $2.8 million in the third quarter.

The Washington Post reported Cain's campaign has $1 million cash on hand.

Cain announced his fundraising total during a campaign appearance in Tennessee Friday and said the campaign has no debt.

He lags well behind two other front-runners in the Republican race -- former Massachusetts Gov. Mitt Romney, who raised more than $14 million during the quarter, and Texas Gov. Rick Perry, who raised more than $17 million.

Both candidates have an estimated $15 million cash on hand.

Cain gained considerable momentum near the end of the quarter, and his victory in the Florida straw poll came with a week left in the quarter. The Post said Cain is now in a statistical tie with Romney for the lead in the GOP race.

Follow us on Facebook, Twitter, and Instagram for more news from UPI.com
Related UPI Stories
share with facebook
share with twitter
Trending Stories