One of the most promising pro-Trump super PACs, Rebuilding America Now, announced with fanfare earlier this year that it had $32 million in commitments. But only about $2 million of that came through.
A rival, Great America PAC, has burned through nearly all of the $2.5 million it raised, leaving it with just $500,000 cash on hand. Fundraising efforts weren’t helped by the recent conviction of a top strategist for unrelated 2012 campaign finance violations.
Many were hoping casino magnate Sheldon Adelson, who spent nearly $100 million in the 2012 presidential race , would save the day by starting his own pro-Trump super PAC to provide a trusted safe haven for donors.
But after Trump’s polling numbers tanked with his race-based criticism of a federal judge and response to the Orlando shooting, Adelson has put his plans on hold. The Las Vegas billionaire is “not actually starting a PAC despite what has been reported,” his spokesman said.