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Election

Perry Fundraising Plummeted as Campaign Faltered

Posted: Jan 31, 2012 2:04 PM by Associated Press

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AUSTIN, Texas (AP) - Rick Perry's final 2011 fundraising totals are in - and they show donors turning away from him in droves as his campaign for president faltered.

The Texas governor raised barely $2.9 million between Oct. 1 and Dec. 31, after raking in more than $17 million in just his first seven weeks of campaigning.

Perry entered the race in August and became an almost instant frontrunner. But his popularity slipped in September, and a series of debate flubs hurt it even more.

Perry's report Monday to the Federal Election Commission shows he spent more than $16 million from August through December.

It says Perry had nearly $3.8 million cash on-hand as of the end of 2011. But he likely spent a large chunk of that before quitting the race Jan. 19.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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