Clinton Insiders: Hillary Needs $100 Million
Former Secretary of State Hillary Clinton will need to raise $100 million over the next 20 months if she hopes to clear the field of serious Democratic challengers, top Democratic operatives say. “I would think you’d want an eye popping number to clear the field,” said one senior Democratic official. “I think the $100 million commitment would say to potential opponents ‘think before you jump to your death.’” Clinton herself does not have to raise the cash to clear the field of effective rivals, explains one Clinton insider, “If a super PAC raises $75 million to $125 million in the next two years, that’s formidable and it indicates that there is really strong support [for her].” (MORE: Hillary Clinton Reemerges Amid 2016 Rumors) Clinton remains among the best-regarded figures in American politics and any potential rival would be forced to spend massive amounts of time and money to compete. But Clinton insiders say she won’t leave anything to chance if she runs, and in preparation, neither are they. In the first quarter of 2007 Clinton reported a fundraising total of $36 million, including a $10 million transfer from her Senate campaign. She was ahead of then-Sen. Barack Obama, but not by much — he had raised nearly $26 million, almost entirely from individual donors. Now, Clinton backers and Democratic operatives agree she or allies would need to raise multiples of that figure to clear the field of serious challengers in 2016 — and a year earlier. More than a half-dozen senior Democratic officials and Hillary confidants puts the goal at roughly $100 million by the end of 2014, a marker no other Democrat could approach so soon. “We’ve learned our lesson,” said the Clinton insider. Supporters are ready to begin fundraising through the super PAC Ready For Hillary. “I’ve told her supporters — get a super PAC and raise a ton of money,” said one top Obama campaign adviser. “That’s how you clear the field.” And Democrats believe Clinton has the luxury of waiting until mid-2015 to pull the trigger on … Continue reading Clinton Insiders: Hillary Needs $100 Million
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed