Andrew Cuomo hasn’t yet filed his campaign finance disclosure reports, but NYPIRG campaign finance number-crunching whiz Bill Mahoney has reversed engineered some of his donations and learned one thing: our governor’s campaign coffers are filled.
Mahoney notes that 41 PACs have already disclosed giving him a total of $483,800 over the past six months, with the vast majority of the money- $450,300 – coming from businesses. Plus, he notes, Cuomo is already accepting checks for a potential primary run.
The real question for Cuomo however is what is all this money for?
According to Mahoney, rolling it over to a 2016 presidential run would be difficult, since the Federal Election Commission limits the amount of donations. Cuomo could, in theory, create an independent Political Action Committee–much as Mitt Romney has done with his Free and Strong America PAC, or that Sarah Palin has done with her Sarah PAC–but it would be hard to convince federal regulators that the PAC would be independent of the candidate, since Cuomo would have raised the money himself.
That said, the rules governing campaign finance in New York are so lax that Cuomo would be free to spend the money he has raised now on whatever he likes, including state and county parties around the nation that could help lay the groundwork for a presidential campaign.
Anyway, below is a spreadsheet of the PACs who have given to the governor and who have posted their disclosure reports
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