Double Dip: How Rand Paul Can Legally Tap His Biggest Donors Twice

[NACBA]

He wants to run for Senate and the White House at the same time. That means more money.
By Shane Goldmacher and Scott Bland

January 4, 2015 Sen. Rand Paul could have a financial edge over many of his prospective presidential rivals in 2016 due to a quirk in timing and election law that lets him to tap his biggest donors for campaign cash twice.

Paul has said he plans to seek Senate reelection and, if he runs, the Republican presidential nomination simultaneously. And because he would be campaigning for two federal offices, he would be eligible to have two open federal campaign committees at the same time. Thus, his largest donors could give $2,600 to his presidential primary campaign and another $2,600 to his Senate account for the primary.

While federal rules do limit how he could spend the money, veteran election lawyers say diligent accounting could allow for legal cost-sharing between the two committees, saving Paul's presidential bid precious dollars and letting him collect bigger checks from his biggest contributors.

http://www.nationaljournal.com/poli...legally-tap-his-biggest-donors-twice-20150104

 

[jmdrake]

The overwhelming majority of Ron's donors never came close to maxing out in either 2008 or 2012. We shall see if Rand pulls a significant number of big money donors.

 

[Jeremy]

It's possibly one of the only positive things about running in more than one election, but I wonder how many double donors he would get.

 

[Okaloosa]

Rand could possibly have Dinner fundraisers right now in big cities raising money for his Senate seat. Other than that I can't see too many people maxing out to Rand twice. Rand could also do a fundraiser at the same time as CPAC in a nearby venue.

 

[rich34]

I'd say Rand obviously does have the potential to draw more mainstream big time donors in contrast to his father. Even if the number of big time donors do not equal the amount or come close to the amount that Bush or Christie have at their disposal this could still be significant if the campaign spends the money right and this doesn't become a mainstream media story about Rand n company misusing funds..

 

[eleganz]

Twice as much cash being used twice as efficiently. What a great investment, afterall, isn't that what a donation is? an investment?