Tag: super PACs

Iowa not so Super for Super PACs

Buck Banks

$26.6 million

Amount super PACs have spent on the Republican primary in Iowa — with minimal effect, the Des Moines Register reports. “The groups, which can raise and spend unlimited amounts of money on behalf of candidates, have spent $26.6 million to benefit candidates’ Iowa campaigns through Dec. 12. But many of them have little to show for their investment. … More than a third of that money has gone to support candidates who have dropped out of the race, and another third has gone to support former Florida Gov. Jeb Bush, a Republican who is polling in single digits.”

Bush’s Right to Rise Super PAC Likely to Miss Donation Goal

Buck Banks

$100,000,000

Amount the super PAC backing former Florida governor Jeb Bush is likely to NOT collect by the end of June, despite widespread expectations that the group would hit that record-breaking sum, the Washington Post reports. “The exact size of the war chest is closely held, but two individuals familiar with internal discussions believe the total that the Right to Rise super PAC will report in mid-July could be substantially lower than the nine figures that senior Republicans have anticipated.”

Rubio & Braman — By the Numbers

Buck Banks

Marco & Norman
Marco & Norman
Tampa Bay Times has some interesting insights into the relationship between presidential candidate Marco Rubio and his Miami billionaire patron Norman Braman. Recently, Braman announced he was giving Rubio $10 million to help finance his campaign.

It appears Rubio is accustomed to feeding at the Braman trough. Here are some numbers that illuminate their relationship:

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Democratic PAC Spending More in Midterms

Buck Banks

$36 million

Amount the Senate Majority PAC, fueled by billionaires and labor unions, has has spent so far in the 2014 midterm contests, reports the Washington Post. “Together with an allied tax-exempt group, Patriot Majority, the … early, aggressive presence in pivotal Senate races spotlights how, four years after being dramatically outgunned in the outside money game, Democrats are now some of its most adept players.”

New Super-PAC to Target GOP Climate-Change Deniers

Buck Banks

$100 million

Amount liberal billionaire and environmentalist Tom Steyer is using to create a Super PAC that will attack Republicans in seven key states who are climate-science deniers, NBC News reports. “These states — all of which President Barack Obama won in both 2008 and 2012 — also play an important role in 2016, given that Iowa and New Hampshire are early presidential nominating contests, and that Colorado and Florida are top general-election battlegrounds.”

Palin’s PAC Supports … Palin’s PAC

Buck Banks

$5,000

Amount of the $496,505.68 spent by SarahPAC in the first six months of the year that actually went to political candidates, National Journal reports. Sarah Palin’s political action committee “brought in just over $460,000 during the first half of 2013, well short of its fundraising totals for the same period in previous years,” the Anchorage Daily News reports. SarahPAC ended June with about $1.1 million in cash available.