Fundraising

Fundraising

Texan anti-Perry Super-PAC files with FEC

A new Super-PAC that will direct its efforts against Texas Gov. Rick Perry’s (R) presidential bid filed a statement of organization Monday with the Federal Election Commission.

Texans for America’s Future Treasurer Jeff Rotkoff says he started the committee to allow Democratic donors from Texas to make an impact on the national stage.

“There are a number of Texans who are looking to participate in the 2012 presidential election cycle,” said Rotkoff. “So we created a vehicle for them to do so.”

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Rock band looks to cash in on teaparty.com

The rock band that has owned the domain name teaparty.com since the early 1990s is looking to cash in.

The band named itself Tea Party in 1990, riffing off a euphemism for "getting high and writing poetry and vibing with each other," the band's bassist told Business Week. Although the band is mostly defunct, the website bearing the name of the popular political movement is anything but.

Domain registrar GoDaddy.com predicted the name could sell for more than $1 million, but the owners may have to act fast, in case the Tea Party movement loses steam and the name becomes less valuable.

Deep-pocketed political groups that back the Tea Party might not be the only ones interested — with the domain name driving major traffic, a clever marketing department for an actual tea company could find the name a big boost, pointed out Stephen Bannon, a former banker who has directed movies about the Tea Party.

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Sen. Hatch raises $1.3M in second quarter

Sen. Orrin Hatch (R-Utah) raised $1.3 million in the second quarter ahead of a bumpy primary and general-election cycle.

Hatch's campaign reported having $3.4 million cash on hand at the end of June, a sum meant to carry him through a potentially bruising primary battle against Rep. Jason Chaffetz (R-Utah).

Hatch has been aggressive in raising money and courting conservatives ahead of the battle against Chaffetz, who hasn't reported his quarterly fundraising figures as of yet. The congressman said earlier today that he's "very much leaning" toward challenging Hatch.

The sum is a respectable haul for Hatch, a veteran Republican senator. But his numbers will be ultimately measured against Chaffetz, as well as Rep. Jim Matheson (D-Utah), who's mulling his own general election challenge to Hatch — or, as the case may be, Chaffetz.

Matheson also has yet to release his quarterly numbers.

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Former Sen. Allen raises $1.1M in second quarter

Former Sen. George Allen (R-Va.) raised $1.1 million in the second quarter in his bid to reclaim his Senate seat.

He's raised about $2.6 million, year to date, for his high-profile Senate race against Tim Kaine, the former chairman of the Democratic National Committee (DNC) and a former Virginia governor.

Kaine raised $2.25 million in the second quarter, which gave him an early boost in the money race. (Unlike Kaine, Allen launched his campaign in the first quarter, giving him lead time to raise money.)

Allen's campaign attributed Kaine's strong numbers to his experience as DNC chairman.

"Chairman Kaine, as former DNC chair, we all expected him to pull in a tremendous amount of money," said an Allen campaign official. "His past job was basically being the fundraiser for the entire Democrat party the last two years. The fact that he was able to raise money was no surprise to us."

Allen will report having about $1.65 million cash on hand when he files with the Federal Election Commission; Kaine's campaign is expected to report between $1.75 million and $1.8 million when it makes its final filing.

The campaign is already hotly contested. According to a late June Quinnipiac poll, Kaine and Allen are neck-and-neck in the high-profile match-up. If the election were held today, Kaine would get 43 percent and Allen would get 42 percent.

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GOP seeks cash off Dems' meeting with Van Jones

Republicans sought campaign cash on Tuesday after President Obama's former green jobs czar spoke to House Democrats.

The National Republican Congressional Committee (NRCC) sought to dredge up the specter of Jones, who resigned from a position as an environmental adviser in the Obama administration after withering attacks from Republicans in Congress.

"I needed to make sure you were aware of Nancy Pelosi and House Democrats’ meeting with disgraced, former Obama Czar, Van Jones," wrote NRCC executive director Guy Harrison wrote in an email.

Jones submitted his resignation after becoming somewhat of a pariah of conservatives, who seized on some of his past statements that appeared to blame the U.S. for the terrorist attacks of Sept. 11, 2001, or invoked racial strife.

Republicans were back at it on Tuesday, reminding supporters in an email of the specter of Jones.

"These views are unacceptable in Washington, or anywhere else for that matter — so why are Nancy Pelosi and the House Democrat Caucus seeking out Jones' counsel?" Harrison wrote. "They say a person can be judged by the company they keep and that holds true for the Democrat caucus as well."

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