Tuesday, April 14, 2015

Marco Rubio battles Jeb Bush in quest for money

(Politico) - Marco Rubio was counting on Florida to be the cash cow for his 2016 presidential run.

Enter Jeb Bush. The former Florida governor and fundraising powerhouse has the state’s fundraising apparatus practically on lockdown with top Sunshine State donors signing on in droves to funnel big money to his campaign coffers.

Despite the stratospheric projections of Bush’s money machine — more than $100 million in the first quarter — Rubio’s operation believes the Florida senator will still be able to raise the necessary cash from his home state and around the country to mount a credible bid.

In part, senior advisors say it’s important to understand that Rubio’s fundraising goals aren’t even comparable to Bush’s budget. While few are willing to talk details,
sources close to his finance team say that if Rubio can raise $50 million by the beginning of 2016, he can be competitive in the first four primaries. Read more.

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