Stockbridge, GA–Republican presidential candidate Herman Cain released an overview of his first campaign finance report, in advance of the reporting deadline of July 15.
While many candidates started with significant funding prior to the official launch of their campaigns, Cain’s operations started with $0 and have raised more than $2.46 million. The campaign boasts $0 in campaign debt, which Cain believes is a testament to his business principles.
“I am pleased to announce that our campaign has absolutely no debt,” Cain said. “I believe our country is in serious economic trouble, with politicians in Washington spending more than they take in. In my career as a business executive, I employed sound economic principles of fiscal responsibility that I will maintain throughout my campaign. I hope to set an example to those in Washington who should be doing the same.”
Friends of Herman Cain has received contributions from more than 27,000 individuals who have donated amounts ranging between $1 and the Federal Elections Commission maximum of $2,500. Donors hail from all 50 states.
“We are immensely appreciative of the outpouring of generosity from so many supporters across the U.S.,” Cain said. “I am humbled by the trust so many have put in me and assure them I will never forget where I come from, what I stand for and what matters to us as Americans.”
On the heels of increasing poll numbers and positive fundraising, Cain plans to announce additional staff, both “on the ground” and at campaign headquarters, in the coming weeks.