Tags: House | GOP | Super PAC | Fundraising | Record

House GOP Super PAC Raises Record $4.6M in Second Quarter

Image: House GOP Super PAC Raises Record $4.6M in Second Quarter
(Photo credit Tim Slown/Getty Images)

By    |   Wednesday, 13 Jul 2016 12:52 PM

The Congressional Leadership Fund super PAC, an outside spending group that supports Republicans in the House, said it raised $4.6 million in the second quarter of 2016, according to The Wall Street Journal.

"Donors understand how important it is to have a functioning majority in the House that is as large as it is," fund president Mike Shields said.

House leadership endorsed the group when it was founded in 2011. The group said $4.6 million was a record for the group's second quarter fundraising. In 2014, it only raised $600,000 during that period.

House Speaker Paul Ryan's agenda and policies have helped bring in money that will support Republicans.

The PAC's donors might also come from the ranks of Republican supporters who are wary of supporting likely presidential candidate Donald Trump, but want to help save Republican majorities in the House and Senate.

The Journal reported that a group supporting Democrats in the House have seen more recent success by bringing in $12 million.

A Bloomberg report noted more groups are engaging in bipartisan support, by giving to both Republican and Democrat political action committees.

© 2017 Newsmax. All rights reserved.

 
1Like our page
2Share
Politics
The Congressional Leadership Fund super PAC, an outside spending group that supports Republicans in the House, said it raised $4.6 million in the second quarter of 2016, according to The Wall Street Journal.
House, GOP, Super PAC, Fundraising, Record
186
2016-52-13
Wednesday, 13 Jul 2016 12:52 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved