The super PAC is super low on dough.
We The People, Not Washington, the super PAC supporting George Pataki’s presidential bid, reports having $67,000 on hand as of June 30th. In comparison, Jeb Bush’s super PAC reported raising $103 million and having $97 million on hand.
We The People managed to raise about $859,000, but spent most of it. As we’ve reported in detail, Pataki’s presidential campaign committee reported cash on hand of $207,000 as of June 30th. Absent a marked increase in contributions to either or both of the super PAC and campaign committee Pataki’s longshot bid may not survive the summer.
Although Pataki was initially involved with the super PAC, like all presidential candidates he’s prohibited from “coordinating” with the super PAC(s) supporting him after his legal declaration of candidacy in early June.
Contributors:
We The People‘s contributor list is laden with longtime Pataki supporters. That’s a natural base to start with and important to have, but it doesn’t appear deep enough to support Pataki’s candidacy into winter and spring 2016. Topping the contributor list at $75,000 each are Earle Mack and John Catsimatidis’ company United Refining Company. Mack is a real estate developer with a long Pataki relationship. Catsimatidis has also long supported Pataki and received Pataki’s support during his 2013 mayoral campaign.