>> Jeb doesn’t have $119 million any more. He’s spent over $20 million of it already on consultants, hotels, travel, etc and his fundraising has collapsed.
Plus, if I understood the reporting on this correctly, a big part of that $120 million is essentially IOUs — subject to reneging by the donor. Not all of the $120MM is actual cash in Jebbie’s bank account.
Financially, he might be in much worse shape than has been touted.
Right to Rise has been bragging about how the were going to spend $20 million plus in advertising in NH, IA and SC in a couple of weeks but they haven’t filed their FEC forms for the supposed ad blitz. What are they waiting for?
And Jeb Campaign had to cut salaries and fire a bunch of their consultants in order to come up with $500k for an ad buy in NH.
Both Right To Rise and Jeb Campaign are in a fundraising meltdown.
I believe the $$$ were to PACs, not the campaign. Jeb can’t spend or direct or coordinate the $$$.