Big donors holding off making pledges to pro-Hillary Clinton super PAC

Hillary Rodham Clintons decision to delay a decision about her presidential ambitions until as late as July has stymied efforts of a major allied super PAC to come out of the gate early with a slew of big-money commitments.

Priorities USA Action which has positioned itself as the main advertising vehicle to back a Clinton candidacy had hoped to line up dozens of seven-figure pledges before April as a show of strength, but has secured only about 10, according to people familiar with the situation.

One factor that has contributed to the reluctance: Many wealthy political givers on the left have recently written large checks to the Bill, Hillary and Chelsea Clinton Foundation, part a drive to raise money for the nonprofit organization before a likely Clinton presidential run. Major foundation donors have indicated to super PAC fundraisers that they are holding off on other large pledges for now, according to people with knowledge of the conversations.

Priorities slow progress has prompted internal conversations about whether the group will have to recalibrate what it can expect to raise this cycle a sum that people close to the operation originally expected to be around $300 million. The super PACs difficulties in securing pledges was first reported late Tuesday by Politico.

Priorities officials said they are not concerned.

Priorities USA Action chose not to raise money in the 2014 cycle because we did not want to compete with the many good Democrats who were fighting for their political lives, senior adviser Paul Begala said in a statement. We will play a critical role in electing a Democratic President in 2016. Anyone who doubts us should ask President Romney.

Many party fundraisers concur, saying that once Clinton is officially in the race, the money will rush in from loyalists and new donors eager to be part of her candidacy.

I think its like everything else going on -- whats the timeline with her? said one party strategist familiar with the dynamics, who requested anonymity to discuss donor attitudes. Once things are more finalized with what she is doing, their job will become a little easier.

Some top Democratic contributors said they wont consider committing large amounts until she is officially in the race.

Im waiting to see if Hillary announces a campaign and to see what it looks like, said David desJardins, San Francisco-based investor who supports independent political groups on the left.

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Big donors holding off making pledges to pro-Hillary Clinton super PAC

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