Obama and Super PACs: Indication of Campaign Money Problems?

Former White House Counsel, now AEI scholar, Peter J. Wallison comments about the "real significance of the Obama campaign's reversal on the use of super PAC":

  • "Recently . . . the campaign has walked back the idea [of having the first billion dollar war chest], suggesting that while he was doing very well in his fundraising efforts, a billion-dollar campaign was never on their screen"
  • "[T]he decision to endorse a super PAC may suggest that the Obama campaign's money problems are more serious than anyone had thought. In 2008, Obama raised almost $800 million, a record. If he were able to do just as well this year, he wouldn’t need a super PAC, but apparently his advisers have recognized that he will fall well short of the 2008 total."
  • Wallison warns that "[d]espite the attention they have received in the media, super PACs are not always helpful to well-run campaigns and can seriously compromise campaign strategies and tactics."


Peter Wallison is the co-author (with Joel Gora) of Better Parties, Better Government: A Realistic Program for Campaign Finance Reform (AEI Press, 2009), and is reachable at
[email protected] or through his assistant [email protected]. For additional help or for other media inquiries, please email [email protected] (202.862.4871)

AEI's in-house ReadyCam TV studio may be booked by calling VideoLink at 617.340.4300. For radio interviews, please e-mail [email protected] to reserve AEI's ISDN facilities.

 

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Peter J.
Wallison

What's new on AEI

AEI Election Watch 2014: What will happen and why it matters
image A nation divided by marriage
image Teaching reform
image Socialist party pushing $20 minimum wage defends $13-an-hour job listing
AEI on Facebook
Events Calendar
  • 20
    MON
  • 21
    TUE
  • 22
    WED
  • 23
    THU
  • 24
    FRI
Monday, October 20, 2014 | 2:00 p.m. – 3:30 p.m.
Warfare beneath the waves: The undersea domain in Asia

We welcome you to join us for a panel discussion of the undersea military competition occurring in Asia and what it means for the United States and its allies.

Tuesday, October 21, 2014 | 8:30 a.m. – 10:00 a.m.
AEI Election Watch 2014: What will happen and why it matters

AEI’s Election Watch is back! Please join us for two sessions of the longest-running election program in Washington, DC. 

Wednesday, October 22, 2014 | 1:00 p.m. – 2:30 p.m.
What now for the Common Core?

We welcome you to join us at AEI for a discussion of what’s next for the Common Core.

Event Registration is Closed
Thursday, October 23, 2014 | 10:00 a.m. – 11:00 a.m.
Brazil’s presidential election: Real challenges, real choices

Please join AEI for a discussion examining each candidate’s platform and prospects for victory and the impact that a possible shift toward free-market policies in Brazil might have on South America as a whole.

Event Registration is Closed
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.