Washington Post: Jeb Bush Super-PAC Hard-Pressed to Reach $100 Million Mark

The Washington Post reported on Tuesday that former Gov. Jeb Bush’s Right to Rise super-PAC might not be able to hit the $100 million mark by the end of June:

A super-PAC backing former Florida governor Jeb Bush is likely to fall short of collecting $100 million by the end of this month, despite widespread expectations that the group would hit that record-breaking sum, according to people close to the operation.

The exact size of the war chest is closely held, but two individuals familiar with internal discussions believe the total that the Right to Rise super-PAC will report in mid-July could be substantially lower than the nine figures that senior Republicans have anticipated.

That would be a major psychological blow for Bush’s operation, whose fundraising prowess has raised expectations about how much cash it has been amassing. Bush’s schedule for the past five months has been dominated by high-priced fundraisers for the super-PAC, helping the group stockpile tens of millions.

Bush is expected to launch his presidential bid at an event in Miami on Monday.