Jeb Bush’s Super PAC Raises $103M in First Half of 2015

Donelly is referring to the newest rules about campaign financing which allow a candidate to work with a super PAC as long as they are not officially running for any position.

The campaign’s broader strategy – and continued fundraising efforts – will be a focus this weekend as Bush gathers with top donors at his family’s Kennebunkport, Maine, compound.

Bush spent months raising money for his Super PAC before formally entering the race.

The $24.3 million raised by her Super PACs combined outpaces what either Barack Obama or Mitt Romney’s PACs had raised at this point in 2011. “We have seen them cut the definition of a full-time job from 40 to 30 hours, slashing the ability of paycheck earners to make ends meet”, the Bush camp said in a statement.

While the campaign has made modest early investments in online ads, it’s not expected to begin making more serious buys in early state TV ads this month.

Bush told a forum hosted by the Union-Leader newspaper of Manchester that his hope for the USA if he is elected in November 2016 would be to generate annual 4 percent economic growth, “which means we have to be a lot more productive”.

“It’s obviously clear that the super PAC is, in fact, the Bush campaign committee”, Wertheimer said. The rest came into Bush’s formal campaign.

Texas Sen. Ted Cruz posted a greater second-quarter fundraising total, collecting $14.2 million, though he had much more time to raise the cash.

Bush’s candidate campaign raised US$710,000 per day in the 16 days since his announcement. Once he announced his candidacy; however, he could not longer work the super PAC and donations to his campaign were limited to $2,700 maximum from any one person.

The two former presidents were together for the graduation ceremony of the inaugural class of Presidential Leadership Scholars, a project sponsored by four presidential libraries that has offered leadership training for mid-career professionals who work for non-profit groups, private-sector firms, state and local agencies and in the military. There are all these people who have given up on the workforce.

Bush also is far ahead of leading Democratic candidate Hillary Rodham Clinton, whose campaign raised about million.

“What’s the biggest vulnerability for Hillary Clinton?” Money raised through these channels amounts to $11.4 million thus far.

The prominence of super PACs – which face no contribution caps and have led to a rise of huge fundraising hauls for both parties – was spurred by the US Supreme Court in the 2008 Citizens United v. FEC ruling which supported the idea that political speech by independent people or groups can not be restricted. Clinton’s haul in that time totaled $45 million.