Buchanan, 70, and Adrian Smith, 51, have edges over Jason Smith, 41, in seniority on the panel, which has jurisdiction over all legislation impacting federal revenue, including tax, trade, Social Security and some Medicare spending. But fundraising, party loyalty and personal relationships are likely more influential factors in deciding who gets the post.
The announcement from Buchanan’s campaign Wednesday said he told House Republicans that he expected a March 26 fundraiser at his Sarasota, Fla., home to bring in $1 million for the NRCC.
House Minority Leader Kevin McCarthy and NRCC Chairman Tom Emmer are both slated to be at the event, according to Buchanan’s campaign. He’s expecting to raise $500,000 on his own and another $500,000 from fellow Republicans in the Florida delegation.
The announcement noted Buchanan’s candidacy for the Ways and Means role, saying he’ll keep…
