MtnBiker
Senior Member
By SAM HANANEL, Associated Press Writer
WASHINGTON - Independent presidential candidate Ralph Nader (news - web sites) raised about $600,000 in the two months since he announced his candidacy, enough money to qualify for federal matching funds and well ahead of the fund-raising pace he set four years ago, his campaign announced Wednesday.
In papers filed with Federal Election Commission (news - web sites), Nader said roughly 60 percent of that amount had been donated over the Internet.
To receive matching funds, a candidate must raise at least $5,000 in 20 states in donations of $250 or less. Nader has collected more than $5,000 from 23 different states. About 91 percent of his donations have been under $100.
"Unlike the major-party candidates we are not dialing for corporate dollars," Nader said in a statement. "We are seeking a broad base of support among the people."
The money pales in comparison to the millions being raised by Nader's major-party rivals, but it is enough to allow him to campaign as seriously as he did in 2000, when he received 2.7 percent of the vote. Much of the money raised will pay coordinators to oversee gathering signatures in Nader's quest to get on the ballots in all 50 states.
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WASHINGTON - Independent presidential candidate Ralph Nader (news - web sites) raised about $600,000 in the two months since he announced his candidacy, enough money to qualify for federal matching funds and well ahead of the fund-raising pace he set four years ago, his campaign announced Wednesday.
In papers filed with Federal Election Commission (news - web sites), Nader said roughly 60 percent of that amount had been donated over the Internet.
To receive matching funds, a candidate must raise at least $5,000 in 20 states in donations of $250 or less. Nader has collected more than $5,000 from 23 different states. About 91 percent of his donations have been under $100.
"Unlike the major-party candidates we are not dialing for corporate dollars," Nader said in a statement. "We are seeking a broad base of support among the people."
The money pales in comparison to the millions being raised by Nader's major-party rivals, but it is enough to allow him to campaign as seriously as he did in 2000, when he received 2.7 percent of the vote. Much of the money raised will pay coordinators to oversee gathering signatures in Nader's quest to get on the ballots in all 50 states.
Full Story