Tag Archives: Los Angeles Times

Updated — Solid reasons to give a Bush-Clinton contest the edge

The Los Angeles Times has an informative piece showing why Jeb Bush and Hillary Clinton have one clear edge in seeking the presidential nomination from their parties.

Because neither are currently working for any government, they’re free to pile up money using Super PACs as long they don’t say that they are running for president. For Clinton, who for the time being seems to be the only serious contender on the Democratic side, this could be a moot issue until she emerges as the nominee.

For Bush it’s a bigger deal, because as of right now the Republican field is competitive. To his advantage is that the other main contenders all have government jobs.

“Bush did declare he would impose a total cap on how much each donor could contribute, according to the Washington Post. But it wasn’t the $5,000 maximum that those in the race are limited to asking for by law. It was $1 million.”

Marco Rubio, Ted Cruz and Rand Paul are all prohibited from coordinating with Super PACs. The governors, Chris Christie and Scott Walker, might have state rules prohibiting them from raising money from organizations that do business with their states.

Bush is under no restriction, he believes. The Federal Elections Commission could argue otherwise, but critics contend it doesn’t do that often enough.

UPDATE: Turns out Ted Cruz has proven adept at raising money, at least the Super PACs supporting him have. The Washington Post reports the Super PACs supporting Cruz $31 million in a week.