ELECTION ANALYSIS

Potential VPs Are Powerful Fundraisers

Romney’s potential running mates sport geographic diversity, national profiles.

Updated: June 11, 2012 | 2:16 p.m.
June 11, 2012 | 6:00 a.m.

Sen. Marco Rubio, R-F.L., left, is among the vice-presidential possibilities who could help Mitt Romney raise money. (AP Photo/Jae C. Hong)

Conclusion: Portman would bring Romney a sizeable base of big donors from across the geographic spectrum.

South Dakota Sen. John Thune: No challenger in 2010? No matter. Thune brought in a cool $12.5 million for his race. He spent only $5 million of that, leaving him with $7 million in cash on hand, and he has already raised an additional $1.7 million toward his 2016 race. He also has a strong national profile and an established fundraising presence in places like California, Texas, Florida and Virginia, but has also raised more than $100,000 from Midwestern states like Missouri, Illinois, Minnesota and Colorado. His leadership PAC, Heartland Values, was also hard at work from 2005 to 2010, raising $3.3 million. From 2008 to 2010, the PAC gave $221,000 to over 30 Republican senators and candidates around the country. This cycle, Thune’s leadership PAC donated $2,500 to Pawlenty’s campaign and recently made a $1,652 donation to Romney.

Conclusion: Thune’s clearly got a talent for bringing in cash, even in the absence of life-or-death situations, and is a demonstrated team player for his party. He could help Romney in the Midwest, outside of the traditional coastal fundraising strongholds.

Florida Sen. Marco Rubio: Florida is an expensive state to campaign in, as many of the 2012 presidential candidates learned during the primary. But Rubio still brought in an eye-popping $21.7 million in his Senate bid against two challengers, Republican Charlie Crist (who waged an independent bid after losing to Rubio in the GOP primary) and Democrat Kendrick Meek. Like Thune, he shows no signs of slowing down, having raised $4.5 million toward his next race. Better yet, 89 percent of Rubio’s contributions during his 2010 Senate race came from individual donors, showing that he commands loyalty from a large base of supporters. That base was mostly inside Florida, 2010, which was home to 62 percent of his individual donations over $200 during 2010. But his national presence is growing, and while he still does best in Florida, he brings in some serious cash in California, Texas and New York. His leadership PAC, Reclaim America, which he launched in 2010, has raised just over $1 million, but as of the most recent reporting deadline, June 4, it had made just $5,000 in disbursements.


Leave A Comment
The National Journal Group has the right (but not the obligation) to monitor the comments and to remove any materials it deems inappropriate.
Comments powered by Disqus
Follow National Journal
Most Read Articles
Columns
Charlie Cook: The Cook Report

Republicans Should Go Easy on Obama, At Least in Public

May 16, 2013
As a tactical matter, a subterranean campaign will score more direct hits on the president.
Ronald Brownstein: Political Connections

How the White House Scandals Could Hurt Republicans, Too

May 16, 2013
By enraging the base and strengthening the faction least willing to compromise with Obama, the IRS and Benghazi affairs could hurt a GOP shot at the presidency.
Norm Ornstein: Washington Inside Out

Eric Cantor’s Caucus Thwarts His Push for an Alternative Agenda

May 16, 2013
Cantor has learned that the tea-party movement he helped foster won’t fall in line behind his efforts to push an alternative conservative agenda.
More Columns »