Rubio erases campaign debt, picks up fundraising
U.S. Sen. Marco Rubio pulled in $960,000 in the first quarter but was still saddled with more than $500,000 in campaign debt. Now that's gone, and Rubio is building a warchest.
The freshman Republican pulled in $1.6 million in the second quarter, according to an FEC summary report, which shows $586,835 cash on hand. The detailed report is not online so we can't see the sources of the money (other than about $1 million came from individuals and rest came from committees) but it's clear Rubio's star power is attracting attention.
It's almost certain he'll establish a PAC, using it to support other candidates and grow his influence. Rubio has already been raising money for the National Republican Senatorial Committee.