How Much Money Failed Presidential Candidates Have Blown Through This Election
Presidential hopeful Jeb Bush, the former Florida governor, suspended his campaignSaturday night after a crippling defeat in the South Carolina primary. It was a tough loss for the Republican, made all the more bitter when you consider how much money he raised and spent on his abandoned campaign.
As of January 31, Bush had raised more than $118 million through the Right to Rise Super PAC and about $32 million directly through his campaign. That’s the most of any candidate save Hillary Clinton, according to the Center for Responsive Politics. An additional $55,000 came fromMillennials Rising, another conservative super PAC. (Perhaps now Bush will have more time to get his personal investments in order.)
According to the Huffington Post, the Right to Rise Super PAC has only about $2.5 million left in its once-bulging coffers.
Much was made of Bush’s fundraising on Twitter after he announced his dropout.