The PAC will drop a total of $100,000 into the campaign coffers of 16 Republicans.
Rep. Boyle said the rise of Trump and Sanders should motivate Congress.
The group has raised $67 million, with donors pledging another $49 million.
The most generous contributor in the cycle is hedge fund manager Tom Steyer.
Rep. Steve Scalise has raised a total of $3.6 million for the 2016 election cycle.
The haul gives him the edge in the primary against Rep. Alan Grayson (D-Fla.)
Producer-Director J.J. Abrams is one of the stars expected at Obama's events.
Jonathan Swan 03/28/16 01:51 PM EDT
The leader of The 2016 Committee has declared the group "dormant."
Clinton announced the figure in a tweet and thanked her supporters.
The GOP operative says he's "back in the private sector."