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The GOP’s Money Primary: Cash On Hand For The Second Lap

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From the AP:

As the campaigns move forward, Giuliani enters the important second quarter of the year with $10.8 million cash on hand and Romney with nearly $11.9 million.

Sen. John McCain, once perceived as a front-runner but who now trails Giuliani in public opinion polls, has reported raising $12.5 million during the first three months. McCain is expected to show a high spending rate and a significantly smaller amount in the bank than Romney or Giuliani.

Now the questions are what did they buy with the money they spent in Q1, who can raise and spend more going forward, and can Fred Thompson –if he enters the race– make up for lost time and compete for scarce resources?

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