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Speaking of big money

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Illinois

…Rauner’s decision to now bust the self-funding cap comes as the Democratic Governors Association formed a so-called super political action committee last week to financially assist Quinn’s bid for a second elected term.

The Jobs and Opportunity for Illinois PAC will be allowed to raise and spend unlimited money in independent expenditures to assist Quinn’s re-election. Even if Rauner had stayed below the self-funding threshold, once the super PAC spent more than $250,000 any limits on campaign donations would have been lifted.

As mentioned above, this is an independent expenditure committee. So far, there’s no money in its bank account, but it’s being formed awful early, so it could, I suppose, conceivably be used to finance ads against Rauner in the GOP primary.

posted by Rich Miller
Thursday, Nov 14, 13 @ 11:20 am

Comments

With no redistricting in play, you have to wonder how much independent money will be available this time around for governors.

The Senate will probably get the most attention, plus the handful of competitive House seats.

Comment by wordslinger Thursday, Nov 14, 13 @ 11:23 am
===As mentioned above, this is an independent expenditure committee. So far, there’s no money in its bank account, but it’s being formed awful early, so it could, I suppose, conceivably be used to finance ads against Rauner in the GOP primary.===

How exciting!

Bruce Rauner will have to learn to swim in the “deep end of the pool” in politics pretty quickly, especially if those Tax Returns become “political baloney” to Bruce Rauner.

Comment by Oswego Willy Thursday, Nov 14, 13 @ 11:25 am
Media and fundraising consultants of the world rejoice!

Comment by Chicago Cynic Thursday, Nov 14, 13 @ 11:40 am
Time to get out the popcorn. Looks like it might be a wild ride from here through March.

Comment by train111 Thursday, Nov 14, 13 @ 11:47 am
It was inevitable. The caps were gonna bust no matter who went first. Now, the horizon is just a little clearer than yesterday. Interesting, but not surprising.

Comment by A guy... Thursday, Nov 14, 13 @ 12:08 pm