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Pro-Trump Super PAC Claims $32M In Early Funds

$32M
/ AP
June 6, 2016

A newly registered super PAC supporting Donald Trump is claiming to have tens of millions in funds lined up for its war chest.

The super PAC, Rebuilding America Now, filed paperwork with the Federal Election Commission early last Thursday. Tom Barrack, an associate of Donald Trump, told CNN that the group has $32 million in committed funds from just four individuals.

"These super PACs have meaning; they have purpose, but they have been viewed historically as being not so trustworthy," Barrack said. "So the idea of having a solid, trustworthy -- with no skimming, no float -- that's aligned with the candidate but is not coordinating with the candidate, is key."

Eric Beach, a strategist for the group, said it’s not surprising to see the emergence of pro-Trump super PACs.

"It's not surprising to see the emergence of new super PACs supporting Donald Trump, and some may recruit top level donors like we have already done," Beach said. "But the bottom line is we are way ahead of everyone else. Our approach is unique and will be highly effective."

This is not the first pro-Trump super PAC to launch despite his previous opposition to such committees.

Last year, nine super PACs supporting Trump popped up. At the time, when the candidate was railing against such interests during the Republican primaries, Trump’s lawyers told the groups to return all of the funds they collected to the original donors.

However, despite the actions taken against the early super PACs, one super PAC squeaked by and has been funneling money to the Trump campaign for months.

The Great America PAC, launched by Alexandria-based attorney Dan Backer, has spent more than $1 million on advertisements in support of Trump. It also has been pushing money to Trump’s campaign since April.

The Committee for American Sovereignty, a second pro-Trump super PAC, was formed in May. The group hopes to raise $20 million before the Republican convention in July.

Super PACs supporting presumptive Democratic nominee Hillary Clinton have pulled in massive funds to date.

Priorities USA Action, the largest super PAC supporting Clinton, has hauled in $75 million during the 2016 election cycle.

Correct the Record, another pro-Clinton super PAC started by Media Matters founder David Brock, has raised $5 million this cycle. The group recently devoted $1 million to "correct" commenters on Facebook and Reddit.