In the 2012 presidential money race, former Minnesota governor Tim Pawlenty's second quarter haul was disappointing, to say the least. His campaign reeled in just $4.2 million, a disappointing sum compared to the $20 million that Mitt Romney, seen by many as the GOP frontrunner, is thought to have raised in the past three months. (Romney is due to announce his fundraising numbers after the holiday weekend.)
Pawlenty spokesman Alex Conant confirmed the number, adding that the governor "begins the third quarter with more available cash-on-hand than the Republicans who won the Iowa caucuses and New Hampshire primary had in July 2007." Conant offered no specifics about Pawlenty’s cash on hand total. He did note that Pawlenty’s fundraising total did include general election money that he would not be able to spend unless and until he becomes the party’s nominee.
At the end of June 2007, former Arkansas governor Mike Huckabee had $437,000 in the bank while Arizona Sen. John McCain had $3.2 million on hand as well as $1.8 million in debt. Huckabee won Iowa, McCain New Hampshire. McCain went on to be the party’s presidential nominee in 2008.
Spin aside, the number is somewhat disappointing for Pawlenty who had been hoping to emerge as the clear pick for people not enamored with Romney by posting a strong number in the second fundraising quarter.
A Pawlenty aide said the number was "slightly off" the campaign’s goal of raising $4.5 million for the quarter but added: "There are a lot of people waiting on the field to prove themselves."