Kentucky: Rand Paul Raises $100K With ‘Money Bomb’

Posted April 21, 2010 at 6:21pm

Republican Rand Paul held his fifth and, his campaign said, final online “money bomb” fundraiser, bringing in more than $101,000 in 24 hours.

Although breaking six figures, the fundraiser brought in quite a bit less than similar events staged by Paul’s campaign to win the GOP Senate nomination.

Paul is competing against Secretary of State Trey Grayson in the Republican primary.

He has been running ahead in public polling but behind in fundraising.

As of April 1, Grayson had more than $1 million in the bank compared with nearly $400,000 banked by Paul’s campaign.

At this point, most of the candidates’ money will go toward funding the all-important air war in the final weeks of the campaign. Paul’s camp noted that the April 1 cash totals came after spending nearly $575,000 to reserve airtime during the final six weeks of the campaign.

“The bottom line is we’ve got a pile of money, and by May 18 we’ll have spent all of it effectively enough to win the race,” campaign manager David Adams said.