People who vote for a living want Hillary Clinton to be their next benefactor. Because she’ll keep the gravy train rolling. But they’re not up for helping her cause.
The main super PAC supporting Hillary Clinton is struggling in its early efforts to line up cash towards a fundraising goal of as much as $500 million, according to sources with knowledge of its fundraising.
The group, Priorities USA Action, is trying to secure 30 or more pledges of at least $1 million apiece to be unveiled publicly when the former Secretary of State officially enters the race, sources say. But so far it has received only about ten firm commitments, and it is encountering resistance from top donors who have given to other Clinton-linked vehicles, including ostensibly aligned super PACs and even the apolitical Clinton Foundation.
“People are starting to worry that Priorities could be a weak link,” said a strategist who has worked with the various pro-Clinton outside groups.
The stumbles – and the slow fundraising start – raise doubts about a key assumption about Clinton’s strength as a presidential candidate: that her allies will be able to rely on a seemingly bottomless well of support from rich supporters to build an historic political money juggernaut that will overwhelm prospective rivals.
Over the last two years, the two super PACs that have been most active paving the way for an expected Clinton campaign – Brock’s American Bridge 21st Century and Ready for Hillary – raised a combined $29 million, according to Federal Election Commission filings.
Here’s a tip Clintonistas. Your candidate is the “weak link.” When you need $500 million and only raise $29 millon we call that FAILURE.
Hillary Clinton is Yesterday’s News. And her lackluster fundraising is proof.