Mgt503 2nd Assignment Solution 2012 Presidential Candidates

Below is a tally of the money raised and spent through September by the presidential candidates, the national party committees and the primary “super PACs” whose sole purpose is to support a candidate. Contribution and spending totals do not include money raised or held by each candidate’s “victory fund,” a joint fund-raising committee that will distribute funds to the campaigns and party committees. In addition to these committees, nonprofit groups that do not have to file with the Federal Election Commission and other super PACs have spent at least $65 million more on television advertising, almost all of it against President Obama or in support of Mitt Romney.


Cash on hand

As of Nov. 26


Party committee

Primary super PAC

Size of donations

$2,500 maximum

Size of donations

No maximum

  • $5.0m

    James H. Simons

    President of Euclidean Capital and Board Chair of Renaissance Technologies Corp., a hedge fund company.

  • $4.5m

    Fred Eychaner

    An Obama bundler and Chicago media mogul.

  • $3.0m

    Steve Mostyn

    Texas trial lawyer.

  • $3.0m

    Jeffrey Katzenberg

    Chief executive of Dreamworks Animation.

  • $2.3m

    United Association of Journeymen & Apprentices of the Pipe Fitting Industry

    Trade union.

More donors to Priorities USA Action »

Our Future
  • $15.0m

    Sheldon Adelson

    Billionaire casino owner and Newt Gingrich’s longtime friend and patron.

  • $15.0m

    Miriam Adelson

    Physician; wife of Sheldon Adelson.

  • $10.0m

    Bob J. Perry

    Houston homebuilder who was a major financier of Swift Boat Veterans for Truth in 2004.

  • $3.0m

    Larry Ellison

    Chief executive of software giant Oracle Corp.

  • $2.8m

    Oxbow Carbon LLC

    An oil and gas company based in West Palm Beach, Fla. It was founded by William Koch, the brother of David H. and Charles Koch, wealthy conservative businessmen and founders of Americans for Prosperity.

More donors to Restore Our Future »

* The amount raised by each committee represents total contributions and transfers from affiliated committees, but excludes non-contributions such as interest and offsets to expenditures. Combined cash on hand totals include cash held by joint fund-raising committees that transfer money to the candidates and party committees. Both campaigns' joint fund-raising committees also spent money ($203 million by Romney Victory and $148 million by Obama Victory Fund 2012) on the election that is not included here.

Source: Federal Election Commission


Romney is a favorite to run for the Senate in Utah, and Bachmann and Pawlenty are potentials to run as Republicans in the special election for one of Minnesota's Senate seats, although none have officially declared their candidacy.
What would their campaigns potentially look like? Hard to tell, since congressional races are very different from presidential ones. And a lot has changed since 2012.
Looking back at each of their official presidential campaign announcements tells us a lot about how things have changed, how they haven't and what each candidate ran on in the past. You can see highlights from each speech in the video above and on CNN Politics' Instagram page.
All three made their announcements in early primary states, former Minnesota Gov. Pawlenty and then-Rep. Bachmann in Iowa and former Massachusetts Gov. Romney in New Hampshire. Romney eventually became the 2012 Republican nominee.
In 2012, the GOP had an obvious political enemy in President Barack Obama. Easy enough to attack a President from a different party who spent his first term ushering in the passage of the Affordable Care Act. It remains to be seen if Romney would continue to be one of President Trump's chief antagonists if he chooses to run.
This time around, if they decide to run, each of these potential candidates faces a different challenge. The scope is state-level, but other than whatever Democratic opponents they have, there isn't an obvious, singular enemy in Washington to rail against. The GOP controls both chambers of Congress and the White House.
Romney, Pawlenty and Bachmann announced in 2011. All three mentioned debt, deficits and the national budget in their opening pitches for the White House. That's less of an issue these days for Republicans. The tax bill their party passed in December could increase deficits by more than $1 trillion over a decade and we're days away from a possible government shutdown.
Minnesota voted for Hillary Clinton in the 2016 general election -- it also went for Obama in 2008 and 2012 -- and the midterms are usually not easy for the President's party. Utah went red by a pretty wide margin in 2016 and Romney is popular with the base there.
It should be noted that these 2012ers are not alone in flirting with the idea of a return. CNN's Eric Bradner has been reporting on election movements for 2018 and beyond. Spoiler: The Senate race in Ohio could be lit.

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