Source: Trump plans to take down Cruz, Kasich

Bloomberg News (TNS)

NEW YORK

Donald Trump plans to create and fund super PACs specifically aimed at ending the political careers of Ted Cruz and John Kasich should either run for office again, after both snubbed the Republican nominee during his party’s convention this week, a source familiar with Trump’s thinking told Bloomberg Politics on Friday.

The plan would involve Trump investing millions of his own money – perhaps $20 million or more – in one or two outside groups about six months before their respective election days if Texas Sen. Cruz or Ohio Gov. Kasich stand for office again. The source said Trump is willing to set up two separate super PACs – one for Cruz and one for Kasich – and put millions into each.

The source said that Trump would be willing to invest tens of millions more if necessary to ensure his former competitors didn’t win another race. Of course, the ire that Trump has exhibited in the aftermath of the bitter nomination contest could fade over time, leading the sometimes mercurial billionaire to drop the plans.

The source said that despite Jeb Bush, another vanquished presidential candidate, skipping the national convention and refusing to back the Republican nominee, Trump “does not care” about doing the same against Bush because the former Florida governor is already “destroyed.”

During an event in Cleveland on Friday, Trump hinted at the prospect of funding an outside group against Cruz in the future.

“Maybe I’ll set up a super PAC if he decides to run,” Trump said of Cruz. Turning to running mate Mike Pence, he asked rhetorically, “Are you allowed to set up a super PAC, if you are the president, to fight someone?”

The source close to Trump’s thinking indicated that Trump would consider forming the super PAC whether or not he wins the presidential election in November. According to Federal Election Commission rules, if Trump doesn’t win the presidency, he is clearly free to set up and fund a super PAC. But if he occupies the Oval Office, the rules head into a legal gray area. Between elections, or if Trump declares himself a one-term president, he would be allowed to donate to a super PAC, but is not allowed to solicit contributions of more than $5,000.

Kasich cannot run again for Ohio governor due to the state’s term limits. Cruz is up for re-election in 2018. Both men have indicated an interest in running for president again in 2020.

When contacted, the Trump campaign declined to comment.