Million-Dollar Donors Pump Huge Sums into 2016 White House Race

Former Florida Gov. Jeb Bush waves as he takes the stage to formally join the race for president, Monday, June 15, 2015, at Miami Dade College in Miami. (AP Photo/David Goldman)
Former Florida Gov. Jeb Bush waves to the crowd as he formally joins the race for president with a speech at Miami Dade College, Monday, June 15, 2015, in Miami. (AP Photo/David Goldman)
Former Florida Gov. Jeb Bush waves to the crowd as he formally joins the race for president with a speech at Miami Dade College, Monday, June 15, 2015, in Miami. (AP Photo/David Goldman)

Matea Gold and Anu Narayanswamy, THE WASHINGTON POST

 
WASHINGTON (The Washington Post) — More than 50 individuals and entities have shelled out at least $1 million apiece to big-money groups backing presidential candidates — with close to half of the big donors giving to a super PAC aligned with former Florida governor Jeb Bush.

With 15 months to go before Election Day, donors have already contributed $272.5 million to independent groups supporting the large Republican field, more than four times the $67 million raised through their official campaigns, according to a tally by The Washington Post.

In all, 58 million-dollar donors together were responsible for $120 million donated to GOP and Democratic super PACs by June 30 — more than 40 percent of the total amount raised by those groups.

Never before has so much money been donated by such a small number of people so early. The massive sums have empowered outside groups that face no contribution limits and are now serving as de facto arms of many campaigns.

 

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