Former White House Chief of Staff and current Chicago mayor Rahm Emanuel is, as you can infer from the aforementioned titles associated with him, a pretty well known politician who apparently has a knack for fundraising.
He’s so good, in fact, that he is leaving his position as President Obama’s campaign chair to raise money for Priorities USA Action, a super PAC that supports President Obama.
The President has fallen behind his Republican challenger in funding. Restore Our Future, the Mitt Romney-supporting super PAC, has raised significantly more than Priorities USA. In July alone, Restore Our Future raised $101.3 million–that’s $25 million more than Obama and friends were able to get out of supporters’ wallets.
It’s clear that the super PACs have had a pretty super impact, and with the transfer of Emanuel to Priorities USA Action, it appears that the Obama campaign is looking to manipulate the fundraising powers of such organizations.
The President was not a big fan of super PACs initially but has since altered his thoughts on the matter. Some may view this change of heart as a bit of a sellout, but as Obama’s campaign manager explained:
Whether the Obama-associated super PAC catches up to Restore our Future with the help of Emanuel or not, this presidential election is on track to becoming the most expensive in U.S. History. After all, according to the Supreme Court’s Citizens United ruling, money really does talk, and both parties have already generated quite a large amount of conversation.
