Texas Congressman Ron Paul says he’s prepared for the long road ahead and he has the money to go the distance.

Financial reporting records show the Paul campaign raised $4.5 million in January and has $1.6 million in cash on hand. The campaign says those totals don’t include the $1.7 million it’s raised in its online ‘money bomb’ fundraising campaign.

In a statement, National Campaign Chairman Jesse Benton said:

"Naturally we’re pleased that our growing support base continues to generously support Ron Paul, so in turn he can spread his message of constitutionally-limited government, sound money, and a foreign policy that keep America safe. Ron Paul is the only Republican candidate who can defeat Barack Obama. And, he is the only one prepared for an exhaustive 50-state campaign in terms of organization, ballot access, and fundraising stamina.”