Politics & Policy

Perry’s Fundraising Woes

From the Houston Chronicle:

 

Texas Gov. Rick Perry’s campaign fundraising has gone into a tailspin as a result of poor debate performances and plunging poll numbers, jeopardizing his position as the best-funded Republican presidential candidate of 2012.

Perry’s associates and supporters say his campaign has redoubled its money-­raising efforts in the past week to ensure that his campaign will have enough money to survive the first three contests of the 2012 election calendar: Iowa, New Hampshire and South Carolina.

But Perry’s loyal backers are running into resistance from Republican donors. One Perry fundraiser, who asked not to be named, said he received 15 RSVPs for a recent event from potential donors saying they might attend. But after a gaffe-marred Perry debate performance, none showed up. …

Another Perry fundraiser said he expects the Texas governor to raise between $3 million and $5 million in the final three months of 2012 — less than one-third of what he generated in the first six weeks of his candidacy.

For Perry, whose fundraising prowess has been key in maintaining the perception of him as a top-tier candidate, even as he’s fallen dramatically in the polls, this poses a problem that goes beyond finances. 

Katrina Trinko — Katrina Trinko is a political reporter for National Review. Trinko is also a member of USA TODAY’S Board of Contributors, and her work has been published in various media outlets ...

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