Where does Senator Evan Bayh’s roughly $13 million war chest go? Legally he can transfer it to a federal committee like the DNC, DCCC or the DSCC, or the Senator can contribute it to a charity of his choice. Bayh could also hold it over to a run for president should he decide to do so, but as of now, nobody knows where the money will go, but everyone in Washington is wondering who will get it. In an election year, roughly $13 million can make a huge difference in a campaign.
According to Bayh, “At this time, I simply believe I can best contribute to society in another way: creating jobs by helping grow a business, helping guide an institution of higher learning, or helping run a worthy charitable endeavor.”
Whomever gets the money will be the true beneficiary of Bayh’s choice to run for reelection. While all of it most likely wont go to his successor, it is a safe bet that some if it will.
Stay tuned and keep an eye on the money . . .
