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January 23, 2014 AT 10:05 AM
She still hasn’t announced a run for the White House yet, but Hillary Clinton is getting a big financial boost nearly two years before the presidential nominating contests begin. NBC News confirms that "Priorities USA Action," the largest Democratic super PAC and a major player in President Barack Obama’s 2012 election, is formally placing its financial firepower behind the onetime secretary of state. And the organization is already raising money to elect Clinton. The transition from an Obama to a Clinton moneymaker is no surprise to observers, who noted its growing ties to big-name Clinton allies.