In what may be the most poorly handicapped election in American history, it appears that a frontrunner once considered the inevitable nominee is in deep trouble As Donald Trump soars, one candidate who has been struck by low poll numbers and enthusiasm is slashing budget. Could this be the beginning of the end?
Jeb Bush’s campaign slashed hundreds of thousands of dollars in salaries over the last three months as the struggling candidate’s fundraising machine slowed to a more middling pace, new campaign-finance reports indicate.
No longer able to raise unlimited sums with his super PAC, Bush hauled in $13.4 million in the third quarter of the year for his campaign. That’s more than all of his GOP rivals except Ben Carson. But Bush also spent more than many of them, leaving him with about as much money in the bank as Marco Rubio. Ted Cruz has more.
Bush’s campaign once saw its size and staff as its strength. But the newly released campaign-finance reports indicate it could be a liability if fundraising slacks further.
It’s worth noting that Bush still has plenty of money, but if his poll numbers continue to be unremarkable, deep pocketed donors may pressure him to bow out and put his substantial resources behind a candidate who actually has a chance of winning.