Former Secretary of State Hillary Clinton's anticipated weekend announcement of her bid for the White House in 2016 will kick off an aggressive fundraising push that could be record breaking.
According to the Daily Beast, Clinton will use her first week as a candidate to raise "an insane amount of money," one insider asserts.
"They are going to raise in one week what some Republican presidential candidates are going to raise the entire cycle," one Clinton aide told the Beast.
Ready for Hillary super PAC, which has already raised $15 million, will host what will likely be its final fundraiser in New York before her campaign kicks into operation drawing on the support of the 3.6 million people who have been engaged by the PAC, the Beast said.
Earlier reports also indicate that her campaign will attract an avalanche of financial support.
"The floodgates are going to open immediately, and there's going to be a rush to get on the team," Don Peebles, the real estate mogul who served on President [Barack] Obama's national finance committee,
told The Hill in January.
"There's nobody in the Democratic Party who can match her. Not even close."
"It's going to be like nothing you've seen," another top Democratic donor, told The Hill.
"The numbers will be astounding."
According to the Beast, Clinton is expected to use her campaign website to drive some of her fundraising while also working with allied organizations such as EMILY's List.
The Clintons have been known as successful fundraisers but this will mark her first campaign since the Citizens United decision ushered in the era of Super PACs. As a sign of what may be in store,
Texas GOP Sen. Ted Cruz raised $31 million within just days of announcing his candidacy.
The Washington Post reported that Clinton's campaign launch will likely be low key, perhaps through an announcement on social media or with a video followed by small one-on-one and small group meetings with voters.
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