Post by Logan on Apr 30, 2016 14:26:37 GMT -6
Schumer could use campaign warchest to help Democrats win back Senate
WASHINGTON – Sen. Charles E. Schumer, D-N.Y., could be turning into the equivalent of a one-man super PAC.
Schumer, the heir apparent to retiring Minority Leader Harry M. Reid, is leaving no stone unturned in his quest to help Democrats win back the majority in November. And that includes amassing a huge stockpile of campaign cash for his own campaign: more than $26 million as of March 31, according to federal reports.
Facing a dramatically underfunded challenger in the fall, Schumer may find himself in the position of being able to transfer millions of dollars to Democratic committees that would boost the party’s chances of winning critical Senate races.
Schumer, who declined to comment about his plans, has been generous in previous election seasons in which he faced nominal opposition and his colleagues were in difficult races. In 2004, when the New Yorker wasn’t even sure if he was long for the Senate and was considering running for governor, Schumer unloaded millions of dollars from his own campaign in a series of five-, six- and seven-figure checks that went to the Democratic Senatorial Campaign Committee and to state Democratic committees in key battlegrounds.
Read more: www.buffalonews.com/news-wire-services/schumer-could-use-campaign-warchest-to-help-democrats-win-back-senate-20160430
WASHINGTON – Sen. Charles E. Schumer, D-N.Y., could be turning into the equivalent of a one-man super PAC.
Schumer, the heir apparent to retiring Minority Leader Harry M. Reid, is leaving no stone unturned in his quest to help Democrats win back the majority in November. And that includes amassing a huge stockpile of campaign cash for his own campaign: more than $26 million as of March 31, according to federal reports.
Facing a dramatically underfunded challenger in the fall, Schumer may find himself in the position of being able to transfer millions of dollars to Democratic committees that would boost the party’s chances of winning critical Senate races.
Schumer, who declined to comment about his plans, has been generous in previous election seasons in which he faced nominal opposition and his colleagues were in difficult races. In 2004, when the New Yorker wasn’t even sure if he was long for the Senate and was considering running for governor, Schumer unloaded millions of dollars from his own campaign in a series of five-, six- and seven-figure checks that went to the Democratic Senatorial Campaign Committee and to state Democratic committees in key battlegrounds.
Read more: www.buffalonews.com/news-wire-services/schumer-could-use-campaign-warchest-to-help-democrats-win-back-senate-20160430