Federal Committees Raise More Than $26 Million to Support Walker Prez Bid
July 21, 2015
Two federal committees created earlier this to support Republican Gov. Scott Walker’s presidential candidacy have raised more than $26 million in the first half of 2015.
Unintimidated PAC, a Washington, D.C.-based Super PAC created by former Walker aides, said in a statement it raised more than $20 million from 300 donors through June 30. The PAC has yet to file a report with the Federal Election Commission detailing its fundraising and spending.
Our American Revival, an Iowa-based 527 group created by Walker earlier this year, said in a statement it raised $6.2 million through June 30. Walker’s 527 group also has yet to file a report with the U.S. Internal Revenue Service detailing its fundraising and spending.
Walker announced his candidacy for president last week.
527 groups and Super PACs can raise and spend unlimited amounts of money from individuals, corporations, special interest trade groups and unions.
Super PACs may not contribute directly to a candidate’s campaign, but may spend unlimited amounts on broadcast ads, mailings and other electioneering activities on behalf of a candidate. 527 groups, which are so-named for the IRS rules that loosely regulate them, are political, tax-exempt groups created to influence the outcome of an election without expressly advocating for the election or defeat of a candidate.
In addition to the two federal committees, the state fundraising committee that Walker uses to finance his races for governor reported raising $5.9 million during the first six months of 2015. But the money raised by his state campaign committee, Friends of Scott Walker, may not be used for federal races.