Why are President Obama’s super-PACs proving to be so underwhelming in their fundraising efforts? Obama’s problem may be that he has surrounded himself with losers.
Former White House deputy press secretary Bill Burton founded the Obama-approved super-PAC Priorities USA Action last April, and his track record to date has been miserable. According to Federal Election Commission, or FEC, data, Burton and company raised just $4.4 million in 2011 — a paltry figure compared with counterpart American Crossroads’ $18.4 million haul for the same year. This year isn’t going so well for Burton, either. Crossroads raised $9.7 million through the first quarter of 2012; Priorities took in just $4.6 million.
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