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Republican presidential candidate Jeb Bush and his super PAC burned through more than half of the $133 million they raised in the first three quarters this year. The return on that investment has been a drop in polls from about 15 percent when he entered the race in June to about 4 percent in recent surveys. (Associated Press)

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Republican presidential candidate Jeb Bush speaks during a town hall event, Saturday, Dec. 19, 2015, in Exeter, N.H. (AP Photo/Mary Schwalm)

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Marco Rubio and Jeb Bush, argue a point during the CNBC Republican presidential debate at the University of Colorado on Wednesday in Boulder, Colo. (Associated Press)

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Former Florida Gov. Jeb Bush, a Republican presidential candidate, shakes hands with the Rev. Pat Robertson, right, after a presidential candidate forum at Regent University in Virginia Beach, Va., in this Oct. 23, 2015, file photo. The outside political group supporting Jeb Bush’s bid for president with tens of millions of dollars in television advertising is considering placing organizing staff in Iowa and New Hampshire. (AP Photo/Steve Helber, File)

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In this Oct. 23, 2015, photo, Republican presidential candidate Jeb Bush speaks during a Presidential candidate forum at Regent University in Virginia Beach, Va. For months, Jeb Bush’s campaign insisted it was too early. But with just over three months until primary voting gets underway in Iowa, and Bush still mired in the middle of the crowded GOP field, some supporters fear it could soon be too late. (AP Photo/Steve Helber)

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In this photo taken Wednesday, Sept. 16, 2015, Republican presidential candidates, from left, Ben Carson, Donald Trump, and former Florida Gov. Jeb Bush chat during the CNN Republican presidential debate at the Ronald Reagan Presidential Library and Museum in Simi Valley, Calif. (AP Photo/Mark J. Terrill) ** FILE **

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Republican presidential candidates (from left) Rick Santorum, George Pataki, Rand Paul, Mike Huckabee, Marco Rubio, Ted Cruz, Ben Carson, Donald Trump, Jeb Bush, Scott Walker, Carly Fiorina, John Kasich and Chris Christie take the stage during the CNN Republican presidential debate at the Ronald Reagan Presidential Library and Museum on Wednesday in Simi Valley, Calif. (Associated Press) ** FILE **

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Republican presidential candidate, former Florida Gov. Jeb Bush, right, watches as Donald Trump speaks during the CNN Republican presidential debate at the Ronald Reagan Presidential Library and Museum on Wednesday, Sept. 16, 2015, in Simi Valley, Calif. (AP Photo/Mark J. Terrill)

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Republican presidential candidates, former Florida Gov. Jeb Bush, right, and Donald Trump both speak during the CNN Republican presidential debate at the Ronald Reagan Presidential Library and Museum on Wednesday, Sept. 16, 2015, in Simi Valley, Calif. (AP Photo/Mark J. Terrill)

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Republican presidential candidate former Florida Gov. Jeb Bush meets voters after a town hall campaign stop, Thursday in Keene, N.H. (Associated Press)

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Tim Constantine takes a look at how candidate Jeb Bush stacks up against his competition.

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Republican presidential candidate former Florida Gov. Jeb Bush speaks during an education summit Wednesday, Aug. 19, 2015, in Londonderry, N.H. (AP Photo/Jim Cole) ** FILE **

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Republican presidential candidate, former Florida Gov. Jeb Bush, right, looks up at photos of celebrities who have visited The Varsity as he arrives at the restaurant for a campaign stop Tuesday, Aug. 18, 2015, in Atlanta. (AP Photo/David Goldman)

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Republican presidential candidate and former Florida Gov. Jeb Bush talks to reporters at The Varsity restaurant during a campaign stop in Atlanta on Aug. 18, 2015. (Associated Press) **FILE**

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Republican presidential candidate former Florida Gov. Jeb Bush greets supporters following a forum sponsored by Americans for Peace, Prosperity and Security, Thursday, Aug. 13, 2015, at St. Ambrose University in Davenport, Iowa. (AP Photo/Charlie Neibergall)

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Republican presidential candidate and former Florida Gov. Jeb Bush speaks during a forum sponsored by Americans for Peace, Prosperity and Security at St. Ambrose University in Davenport, Iowa, on Aug. 13, 2015. (Associated Press) **FILE**

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Republican presidential candidate Jeb Bush speaks at the RedState Gathering in Atlanta, in this Saturday, Aug. 8, 2015, file photo. (AP Photo/David Goldman, File)

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Republican presidential candidates from left, Marco Rubio, Jeb Bush and Ben Carson talk during a break during the first Republican presidential debate at the Quicken Loans Arena Thursday, Aug. 6, 2015, in Cleveland. (AP Photo/Andrew Harnik) ** FILE **

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Jeb Bush addresses the "dynasty" question about whether America would consider a third Bush.

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Presidential candidates (from left) Donald Trump, Jeb Bush, Mike Huckabee, Ted Cruz, Rand Paul, and John Kasich take the stage for the Republican presidential debate. (Associated Press)