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Revenge of Citizens United - POLITICO
Revenge of Citizens Unitedhttp://www.politico.com/story/2015/07/revenge-of-citizens-united-120115.html
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Concerns are mounting among top donors and party elites that an influx of huge checks into the GOP primary will hurt the party’s chances of retaking the White House. Long-shot candidates propped up by super PACs and other big-money groups will be able to linger for months throwing damaging barbs at establishment favorites who offer a better chance of victory, the thinking goes.
Already, big-money groups have raised about $86 million to support a handful of second- and third-tier candidates — Govs. Chris Christie of New Jersey and John Kasich of Ohio, Texas Sen. Ted Cruz, former CEO Carly Fiorina and former Govs. Rick Perry of Texas and Mike Huckabee of Arkansas. In some cases, the lion’s share came from a handful of ultra-wealthy partisans, including a pair of Dallas billionaires who combined to give $11 million to a pro-Perry super PAC and a handful of donors who accounted for the majority of the $37 million reportedly raised by a pro-Cruz super PAC.
By comparison, the actual presidential campaign committees established by Cruz, Fiorina, Huckabee and Perry — which, unlike super PACs, must limit individual donations to $2,700 during the primary — raised about $19 million combined, according to their campaigns.
Jordan Russell, a spokesman for a trio of pro-Perry super PACs that collectively raised nearly $17 million, said that cash is important to help Perry level the playing field against better-funded establishment-backed rivals like Former Florida Gov. Jeb Bush. “No one is going to be able to raise as much as Jeb Bush, but what we have is going to help Gov. Perry compete. Competition is a good thing. The more people in the process, the better.”
Read more: http://www.politico.com/story/2015/07/revenge-of-citizens-united-120115.html#ixzz3g0iBGWHr
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