Tags: Mitt Romney | | Pawlenty | Romney | Renee Schulte | Today show | Iowa caucus

Pawlenty Concedes Fundraising Race to Romney

By Dan Weil   |   Monday, 23 May 2011 12:16 PM

Former Minnesota Gov. Tim Pawlenty already has conceded to former Massachusetts Gov. Mitt Romney in the Republican presidential campaign. He hasn’t conceded the nomination, of course. But Pawlenty has acknowledged that he won’t beat Romney in the fundraising battle, Politico reports.

"We are not going to be the money champion. Mitt Romney will be the front-runner in that regard," Pawlenty told NBC’s “Today” show. "But we'll have enough money to run a competitive, successful campaign. It may not be the BMW or Mercedes campaign, but it will be a good solid Buick — or maybe trending toward a Cadillac — and that will be enough for us to be competitive and to win."

But when it comes to dealing with government money, Pawlenty says he’s the man.

"Our finances are out of control. The debt and deficit aren't being tackled by the current president," Pawlenty said. "I have experience in Minnesota as governor in tackling spending."

Meanwhile, Renee Schulte, a Republican member of the Iowa House of Representatives, says that Pawlenty is the front-runner in her state.

“As the candidate who has put together a large, well-regarded staff and spent the most time working the grass roots here, Pawlenty has secured the pole position in the early, organizational phase of the campaign,” she wrote on Politico.

“Clearly, his campaign needs to win the Iowa caucuses in order to become the alternative to Mitt Romney. The Iowa Straw Poll will be a crucial early test to determine the effectiveness of his organization and the strength of his appeal.”

Other candidates showing strength in Iowa are Michele Bachmann, who hasn’t formally joined the race yet but has “the passionate support of many of Iowa's new tea party Republicans” and Herman Cain, who is “on the rise through the force of his personality and the best stump speech of the field,” Schulte says.

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