Campaign Donors Having Second Thoughts About Rubio
Just when Republican presidential candidate Marco Rubio needs them the most, big-dollar contributors from the party's wealthy mainstream are having second thoughts about his future in the 2016 race.
Fresh misgivings about Rubio's path forward are the latest in a series of obstacles that threatens the Florida senator's future in this roller-coaster Republican campaign, with a must-win March 15 primary looming in his home state.
"Super Tuesday came and Rubio didn't do as well as some of us hoped. So people are saying, 'Let's see how this thing shakes out,'" said Craig Duchossois, who contributed $500,000 last year to a group that backed former Florida Gov. Jeb Bush.
"I'm holding back," the Chicago-based investor said of his own plans.
But the senator remains bullish on his chances. "We're going to win Florida," he said Monday afternoon in Tampa, where he's beginning a week-long focus on the winner-take-all prize of 99 delegates.
"This is going to be a very long process," he told reporters, again suggesting that the nomination won't be settled until almost 2,500 GOP delegates convene this summer in Cleveland for the party's convention.
Still, Rubio's aides concede he likely cannot remain in the race without winning in Florida, where public polls show him second to Trump. Rubio says he has momentum and that "every day that goes by ... we're going to gain votes."
The must-win scenario is a result of Rubio's struggle to find a reliable base in the splintering Republican electorate.
He's largely failed to reconnect with the tea party voters who made him a favorite during their national breakthrough six years ago, instead watching them flock to presidential rivals Donald Trump and Ted Cruz.
Rubio also has not fully harnessed the financial muscle of the GOP old-guard eager to derail Trump, despite the shift in focus by many to Rubio after Bush quit the race last month.
The result is a Catch-22: He needs money to compete in Florida, while donors wait out those results for signs of his long-term viability.
"We'll see what happens on next Tuesday in Florida," said Ron Gidwitz, another Chicago GOP donor who turned from Bush to Rubio. "We'll see how real he is at that point."
Rubio had about $5 million in available cash at the beginning of last month, less than half of what Cruz had on hand. Trump has said he can afford to finance his own campaign, though he has received contributions.
Rubio noted Monday how "expensive" it is to campaign in Florida, which he said is "like running in four or five different states" given the many large television markets. Already Monday, Trump had launched a 60-second ad casting Rubio's as dishonest.
Duchossois and Gidwitz were among a wave of mainstream GOP donors who moved quickly to Rubio when Bush quit the race on Feb. 20 after failing to meet expectations in Iowa, New Hampshire and South Carolina.
Rubio, on the other hand, finished in strong third in Iowa, rebounded from a disappointing fifth-place showing in New Hampshire to grab second place in South Carolina, feeding the GOP establishment's hopes.
And yet Rubio's momentum stalled again leading to his disappointing performance on March 1, when he won just one out of 11 primaries. Afterward, Rubio turned from only indirectly critiquing Trump for months to an all-out assault on the businessman's character and ethics, as well as his appearance and manliness.
Duchossois and others who pinned their hopes to him said they were turned off by Rubio's taunts, including calling Trump's "the worst spray tan in America" and equating Trump's disproportionately small hands with his manhood.
"You just don't do that," said Bill Kunkler, another Chicago Republican who backed Bush but stopped short of the pivot to Rubio. "In Rubio, I don't see the presidential gravitas."
Rubio said Monday he has no regrets about "standing up to a bully like Donald Trump."
The senator ceremonially relaunched his two-week campaign in Florida on March 1, and vowed he would never yield to pressure to step aside for Trump, especially in Florida where he was speaker of the state House before seeking the 2010 Senate seat.
Rubio insists he feels "real good about the map as we move forward," telling The Associated Press Sunday he believes voters across the GOP spectrum want "an optimistic message of conservatism," not just the "anger and frustration" Trump has tapped.
Heading into the week, the top Republican advertiser in Florida was Conservative Solutions PAC, a group promoting Rubio, which this month planned to spend more than $4 million attacking Trump. Three other anti-Trump groups plan to spend a combined $4 million attacking the billionaire front runner before the March 15 primary.