POLITICO – Eric Cantor’s stunning primary defeat is leaving his campaign in a financial bind.
The Virginia Republican’s political operation has asked his House GOP colleagues to cut checks so he can wind down his once-powerful campaign committee, as well as pay his campaign staffers and cover any other related costs stemming from his stunning defeat last month.
Under federal law, Cantor would also have to repay any funds meant for the general election spent during his unsuccessful primary campaign battle against fellow Republican Dave Brat. Since he lost and has no general election in November, Cantor would be required to return those general-election contributions to the donors.
Several lawmakers and GOP aides said Cantor needs to raise upwards of $150,000 to shut down his campaign committee, perhaps far more
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