Meet the Super PAC’s that are funding the 2016 presidential campaigns

“They really believe in the candidate [or] they like to be one of the in-club”, Freeman told the Wall Street Journal, explaining what motivates donors to cut large checks to the super PAC.

Some sports owners aren’t leaving it all out on the field.

That’s about double the more than $130 million the presidential campaigns raised in the first six months of this year, setting up a new paradigm for campaign finance at the federal level. “Until that emerges, a lot of people are not going to commit themselves”.

In any case, the spigot of multimillion-dollar contributions has left campaign finance reformers up in arms, concerned that the unlimited contributions to super PACs are giving too much influence to the wealthy.

“I’d think that the fact that I’m willing to spend money in the public square rather than buying myself a toy would be considered a good thing”, said Scott Banister, a Silicon Valley investor who gave $1.2 million to a super PAC helping Paul in the Republican presidential race.

Friday was the deadline for super PACs, groups that operate outside candidates’ official presidential campaigns, to file their fundraising reports with federal regulators. It’s the largest single donation of the 2016 cycle so far.

UPDATE: Here’s another Oregon-related item in Bush’s report. Instead, they’re choosing to play in the political arena.

“Gov. Kasich has built a strong base in Ohio and has attracted donors nationally because supporters have seen, many firsthand, how his policies and leadership are working in Ohio”, said Connie Wehrkamp, a spokeswoman for Kasich’s group.

In the meantime, politicians are left waiting. Other sports team owners to give to Bush’s Super PAC – Texas Rangers owner Ray Davis ($100,000), Houston Texans owner Robert “Bob” McNair ($500,000), and New York Jets owner Robert “Woody” Johnson ($501,604.27).

Those donors accounted for half of the money raised by the pro-Walker super PAC, called Unintimidated.

While prospective presidential candidates in past cycles crisscrossed the country cultivating relationships with county chairmen in Iowa and New Hampshire, most 2016 White House aspirants spent the months leading up to their launches schmoozing billionaires. This time, the total comes to more than $258 million at the same point in time.

Media mogul Haim Saban and his wife, Cheryl, donated $2 million to the super PAC.

Another favorite is New Jersey Gov. Chris Christie, but his mega-donors are hedging their bets.

In all, 58 million-dollar donors together were responsible for $120 million donated to Republican and Democratic super PACs by June 30 – more than 40 percent of the total amount raised by those groups. Marco Rubio’s record on Iran, per the Tampa Bay Times. Still, these dollars will undoubtedly benefit the candidates during the elections, particularly in terms of how many ads they can afford or how outside staff they can support. Half of the elite donors who are giving this year donated to multiple groups.

The top donor list has a few expected names, the rainmakers who have been fueling the Bush family for a while now. The person spoke on the condition of anonymity because they were not authorized to discuss donors’ financial information.

A trio of super PACs supporting Texas Sen. The pro-Bush group provided a contrast to those backing Cruz and Perry, showing a broad base of donors, especially in Texas. Central Ohioans, including Columbus residents, gave $16,278.

Still, it’s impossible to know for sure how much money is flowing.

Potter stated in 2012, 90 % of the contributions to tremendous PACs got here from a gaggle of simply 523 individuals. Carly Fiorina’s?

Almost all of the contenders for president are encouraging their deep-pocketed donors to give not just to their campaigns, but to groups known as super PACs as well. Half of Rubio’s came from four.

A super PAC supporting former Arkansas governor Mike Huckabee brought in a total of $3.6 million – $3 million of which came from Little Rock agribusiness executive Ronald Cameron.