Romney continues to show money raising skills

Washington Post:

Former Massachusetts governor Mitt Romney has eclipsed other potential 2012 GOP contenders in an important milestone, raising $1.8 million in the second quarter to dole out to candidates for lower office.

On Thursday, hours before most of the figures were to be officially reported, the potential rivals disclosed the amounts their political action committees raised from April to June. Former Alaska governor Sarah Palin raised $866,000 for her SarahPAC and Minnesota Gov. Tim Pawlenty raised $723,000 for his Freedom First PAC. Former Arkansas governor Mike Huckabee reported $258,000 for his Huck PAC.

Romney also gave out the most money to other candidates: $350,000 in the second quarter.

Contributing to the campaigns of other Republicans is one way potential presidential candidates collect political chits and demonstrate their ability to bring in money.

...

Romney showed these same skills in 2008, but still had to dip into his fortune to stay competitive. I suspect that will probably happen again in 2012. While I am sure his contributions to candidates is appreciated, the Palin endorsements appear to have been more valuable in the 2010 races so far. That may say something about the dynamics of the 2012 race should she get into it as it now appears she will.

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more