View Full Version : Guiliani Running Out of Cash

01-11-2008, 10:24 AM

For those doubters that Dr. Paul's Campaign wasn't the only one sitting on a pile of cash. Note Gooliani had only $7 million cash on hand to spend for the primaries as of Dec 31st. And at the rate he spends it... i'm guessing he has only 3-4 million left now.


MYRTLE BEACH, S.C. (AP) - About a dozen senior campaign staffers for Rudy Giuliani are foregoing their January paychecks, aides said Friday, a sign of possible money trouble for the Republican presidential candidate.

"We have enough money, but we could always use more money," contended Mike DuHaime, Giuliani's campaign manager and one of those who now is working for free. "We want to make sure we have enough to win."

At the end of December, he said the campaign had $11.5 million cash on hand, $7 million of which can be used for the primary. He disputed the notion of a cash-strapped campaign, and said Giuliani continues to bring in cash; several fundraisers are scheduled this week in Florida.

DuHaime and other aides stressed that relinquishing pay was voluntary and was limited to senior staffers.

"I want to do everything I can to make sure Rudy's president, and I speak for a lot of the campaign when I say that," DuHaime said. "None of us joined this campaign for money."

Still, the move raises questions about whether Giuliani's bank account is as flush as he needs it to be to cobble together wins in enough states to secure the party nod.