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Hotline Sort: Upset Central

5) The reality of the current campaign finance landscape as that you are often only as well off as the outside groups that are supporting you. Politico reports that Senate Majority Leader Harry Reid and his top lieutenants are crisscrossing the country in an effort to raise money for Majority PAC, a pro-Democratic outside group with its eye on Senate races. 4) Speaking of outside groups, the AP reports that Crossroads GPS will spend $25 million on ads attacking President in 10 states this month. The GOP-aligned group will start with an $8 million ad buy beginning on Thursday in Colorado, Florida, Iowa, Michigan, North Carolina, New Hampshire, Nevada, Ohio, Pennsylvania and Virginia. 3) Get ready for another showdown over the nation's debt limit this year: Speaker John Boehner on Tuesday showed a willingness to pick a fight over another increase unless it is offset by larger spending cuts. 2) Obama and the DNC raised $43.6 million for the president's reelection bid in April -- down from the $53 million March haul. 1) Deb Fischer won a stunning upset in the Nebraska GOP Senate primary on Thursday, leaving in her dust two better-funded, better-known candidates. It's a good morning for the conservative grassroots and a bad one for the Jon Bruning, and the Club For Growth/FreedomWorks/Senate Conservatives Fund, which all backed Don Stenberg. Make no mistake, however: Republicans remain the clear favorite to win the Nebraska race, and the argument can be made that Fischer, who lacks the ethical baggage of Bruning, will be more difficult for Democrats to run against. Check out our four biggest takeaways from Fischer's win here. -- Josh Kraushaar contributed

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