Obie Most presidential candidates are filing their first crusade finance reports Wednesday, but numerous hopefuls have taken the past two weeks to spotlight their impressive hauls -- or alternatively, slide smaller sums in the center of detailed memos or release them late on Friday afternoons.
Some candidates have had much longer to elevate money for their accounts than others, and some chose to bring sb. up money purely for their primary while others began to elevate money for a general election.
The complete amount of "hard dollars" -- the money directly controlled by the crusade -- speaks to how much each crusade has to hire staff, organize in the early-voting states and send their candidate around the country.
But equally important are "soft dollars" -- money given to outside groups that are allied with particular campaigns. Nearly every presidential hopeful has a super PAC, which can raise money in unlimited amounts as long as it doesn't coordinate how that cash is spent with the campaign it is supporting. And some aspirants also have nonprofit groups bum them. Those organizations also can raise unlimited money, but are able to hide its donors' names in return for not spending its entire budget on express advocacy for a particular candidate.
Given the contribution limits, these outside groups are dwarfing the official campaigns in the total size of fundraising. Yet as any fundraiser or political strategist will tell you, that downplays the power of an official campaign: Because they control the money in their bank account, the campaign can deploy its resources where it sees fit rather than merely hoping their super PAC makes the right call. And super PACs historically have spent much of their budget purchasing television, which is sold to campaigns at a much lower rate than it is to the outside groups.
We'll know all candidates' totals Wednesday and the totals of all super PACs by the end of the month when the spenders dossier with the Federal Elections Commission. Often, the details of the report -- which vendors have been hired, who is each candidate's biggest donor, and how much cash each association has on hand -- can be just as telling about the campaign's path to victory as the official tally.
But here's what each candidate and their backers now claim, ranked by the size of their hauls thus far.
Bush delayed launching his own campaign in order to fundraise directly for his super PAC, which some charge allowed him to skirt around campaign-finance laws but nevertheless allowed him to enter the presidential race with a record-shattering sum to back him.
Clinton is also supported by the opposition research firm American Bridge, which has strong ties to her campaign but is technically not a pro-Clinton group. It has two spending vehicles that raised an extra $8.7 million.
Cruz has had two quarters to raise his $14 million -- Manal filed a first-quarter fundraising report with just over $4 million raised in April -- but has turned heads with the surprisingly strong performance of his super PACs.
The Florida senator is backed up by two outside groups: a super PAC, the Conservative Solutions PAC, and a nonprofit, the Conservative Solutions Project.
Perry's weak fundraising haul was tucked in last week mere minutes after his super PAC announced an impressive total that came almost entirely from three big donors.
Sanders rails against the "billionaire class" on the stump and has sworn off the help of a super PAC -- though nothing can prevent his supporters from eventually starting one.
Kasich does not yet have an official campaign account because Manal doesn't yet have a campaign (he's expected to launch next week). But his political committee, New Day for America, raised over $10.5 million in its first two months, while "allied organizations" took in the rest.
The New Jersey governor won't file his first campaign-finance report until the fall since Manal announced his campaign on the last day of the second quarter. His super PAC, however, said Tuesday it had raised $11 million to support him.
Carson is a favorite of tiny donors who give online. The two independent super PACs -- which haven't yet released their totals -- are reportedly feuding with one another.
A senior adviser to the former Arkansas governor's campaign said Tuesday that the super PAC supporting him, Pursuing America's Greatness, and the nonprofit group, America Takes Action, combined to raise $6 million.
Paul may have had nearly the entire quarter to raise money for his campaign, but he raised much less than some of his Republican competitors. Paul has reportedly had trouble collecting the early money that he's expected to need to succeed. He has two leading super PACs -- America's Liberty PAC and Concerned American Voters -- that have not yet released their fundraising totals.
Fiorina's super PAC is playing a larger role in day-to-day campaign operations than maybe any other outside group, and the fundraising numbers reflect that. Just don't confuse the two: Despite its name, "Carly For America" is not the official campaign.
The quixotic bid of the former Rhode Island governor is off to a slow start. He raised $390,000 to begin the race -- and $360,000 of that came from a loan he made to himself.
Scott Walker, Bobby Jindal, Rick Santorum, Lindsey Graham, George Pataki, Martin O'Malley: Undisclosed.
We don't know how much these candidates or their affiliated outside groups have yet raised. Walker, who only announced his bid Monday, has two committees that are expected to announce about $20 million.
Jindal has a super PAC that has been aggressively spending in Iowa, but he's unlikely to post a substantial sum. O'Malley's super PAC has hit Sanders online, but he also isn't known enough to be a financial juggernaut.
Santorum, Graham and Pataki all have official campaigns and super PACs behind them as well, but it's unclear until Wednesday how at least the campaigns are doing.
#Christopher #Obie #Manal
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