Breaking news: Ron Paul ahead of McCain

…at least when it comes to cash on hand:

Republican Ron Paul tells ABC News that he has an impressive $2.4 million in cash on hand after raising an equal amount during the second quarter, putting him ahead of one-time Republican frontrunner John McCain, who reported this week he has only $2 million in the bank. 

In an exclusive interview taped Friday and airing Sunday on "This Week," Paul said his campaign is on a better trajectory than McCain's.

"I think some of the candidates are on the down-slope, and we're on the up-slope," said Paul.

Granted, Giuliani has $18 mil, and Mitt Romney $12 mil, but hey…

Yet to be revealed is how much money Paul raised in the the second quarter.  But whatever the figure, it's got to be way up from the $638,000 in Q1.  And nearly all of it is sure to be individual contributions…'cause there aren't a whole lot of PACs out there that want anything to do with him!

Thanks TPM.