Ron Paul raises $13 million in fourth quarter

Of all the candidates, Ron Paul's proposals would be the most radical change modern America has seen. Scott Pelley spoke with the republican presidential candidate on how he would govern the country if elected.

America under Ron Paul

Texas Rep. Ron Paul raised $13 million in final three months of last year, his campaign tells CBS News - a healthy number that reflects his ability to raise enough money to continue to be a long-term player in the Republican primary process.

Paul, the Libertarian-leaning Texas lawmaker who finished third in the Iowa caucuses Tuesday, may well be the strongest fundraiser in the GOP field, other than Mitt Romney. The only other candidate who has shown the ability to raise comparable sums is Rick Perry, though Perry's fundraising fell off in the wake of his struggles in the GOP debates and slide in the polls.

Romney's campaign said it raised more than $20 million for the quarter, and Rick Santorum's campaign said it raised $1 million in one dayin the wake of Santorum's near-victory in the caucuses. (Most of the campaigns have yet to release their fourth quarter numbers.) The Obama campaign has set a goal of raising $60 million in the fourth quarter. 

The Paul campaign, mirroring then-Senator Barack Obama's 2008 presidential campaign, is focusing on maximizing its delegate count in part by focusing on low-profile contests, such as the Louisiana and Nevada caucuses. The campaign says it is sending out mailers touting the candidate in those to states along with Maine, Colorado, Washington and North Dakota.

Full CBS News coverage: Ron Paul

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