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in ^uu4, ^amur uuuateu more than $500,000 to fellow Republicans. In 2006, the Center for Responsive Politics found that Cantor's PAC had donated $1.2 million - more than any other PAC.
“I have been fortunate that when most people learn my principles and beliefs they see a value in supporting me,” Cantor wrote of his fund raising.
ERIC donated far more money than big name candidates such as John McCain and Hillary Clinton. But then again, both intend to run for President. Cantor intends to stay in the House.
“It’s not fair to compare him to other members’ contributions, like the ones that Obama or HdlPAC (Hillary Clinton) are making, because they have their own ambitions,” Wasserman explained. “They’re going toward a presidential run. Cantor’s pattern of fund-raising more closely aligns to building support within his own ranks. He’s working to fund other races so there’s more Republicans.”
Some speculated on a 2008 Senate run for Cantor — longtime Senator John Warner is expected to retire. But that’s unlikely, say pundits who follow his giving habits.
“If he was going to declare candidacy to the Senate, he’d put money in an account,” Wasserman said.
In other words, one can be a senator without having a majority in the Senate. Being Speaker of the House means that Cantor needs the Republicans back in control.
“You can write bills, but if you don’t have the power to move legislation, you’re not particularly effective,” Stroupe said. “But there’s a number of ways to pursue success. He hasn’t been there a long time, but one of the most important things he has done is pursue leadership roles.”
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