Thompson Campaign Raises $12.7 Million in Funds

By Melanie Arter | July 7, 2008 | 8:32 PM EDT

( - The campaign of GOP presidential candidate Fred Thompson announced Friday that it has a total of $12.7 million in its first report to be filed with the Federal Election Commission this month.

Thompson received donations from more than 80,000 people nationwide and has $7 million cash on hand.

"The financial support Sen. Thompson has received from more than 80,000 donors demonstrates his huge grassroots appeal for Republicans who've been waiting for an authentic conservative to enter the race for president," said campaign manager Bill Lacy in a message on Thompson's Web site.

"We feel great about future fundraising, knowing there's a big well of support to go back to, since people who've given once are likely to give again," he added.

The filing covers the period from July 1 to September 30. The campaign said it has raised an average of $200,000 a day since the former Tennessee senator declared his candidacy on Sept. 5.

"Some of the other campaigns have spent tens of millions of dollars so far, only to lose support among voters; yet, Fred is running strong in most of the early primary states without having spent a dime on advertising," Lacy said. "We are on plan and will have the funding we need to get Fred's message to voters."

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