Pro-Obama super PAC outpaces GOP counterpart
Monday, October 22, 2012 - 10:28 Justin Sullivan/Getty Images Pro-Mitt Romney super PAC Restore Our Future doubled its monthly hall but was outraised by its pro-Obama counterpart Priorities USA Action for the second month in a row. Restore Our Future , a super PAC supporting Mitt Romney’s candidacy, doubled its fundraising total in September. It took in $14.8 million , but was still outraised by the pro-President Barack Obama Priorities USA Action , which raised $15.3 million for the month. The totals show a reversal of a trend — Republicans to date have fared better at raising money for outside groups, though Romney still has American Crossroads, a well-funded super PAC, and Crossroads GPS, a nonprofit, in his corner. Restore Our Future brought in $7 million in August. Most of the major super PACs had until Saturday at midnight to file monthly reports with the Federal Election Commission on September’s fundraising activities. Meanwhile, J. Joe Ricketts, whose conservative Ending ...
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The summer of super PAC money
Friday, September 21, 2012 - 12:39 AP Photo/Gerald Herbert President Barack Obama waves as he arrives to speak at a fundraiser at The House of Blues in New Orleans, Wednesday, July 25, 2012. Democratic super PACs have begun to make up ground in the political arms race, raising substantially more in August than they did during the previous month, new filings with the Federal Election Commission show. For much of the 2012 election cycle, Democratic super PACs have been outraised by their GOP rivals. The groups, made possible after the U.S. Supreme Court’s 2010 Citizens United ruling , are allowed to collect contributions of unlimited size from individuals, unions and companies — so long as the funds are spent on advertisements that are not coordinated with any candidate. Priorities USA Action , the primary super PAC supporting the re-election of President Barack Obama, took in $10.1 million through the end of August. That’s up from $4.8 million in July. While the group finished ...
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The companies that spend the most on politics
With the U.S. presidential election heating up, 24/7 Wall St. decided to examine public companies’ political contributions in the current election cycle. The donations include monies given to political parties, candidates, and political action committees.
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Dictators for Obama?
Tuesday, October 23, 2012 - 09:11 Chris Kleponis/AFP/Getty Images Evangelical leader Gary Bauer leads the Campaign for American Values PAC, which produced the ad "Dictator Vote." President Barack Obama has the dictator vote, at least according to a super PAC run by evangelical leader Gary Bauer. Hours before Obama and GOP nominee Mitt Romney began a debate on foreign policy, Bauer’s super PAC released an ad with quotes from Cuba’s Fidel Castro, Venezuela’s Hugo Chavez and Russia’s Vladimir Putin, expressing their admiration for the president. “Obama secured the dictator vote,” the narrator says. “Does he have yours?” Bauer’s Campaign for American Values PAC has spent more than a half-million dollars on ads supporting Romney and opposing Obama. An August ad said Obama is “forcing gay marriage on the country.” Another accused the president of “bowing to Islam.” And a third ad asked, “Why was God booed by Obama’s delegates” at the Democratic ...
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Mystery group spends $1 million opposing Obama
Friday, October 19, 2012 - 10:25 David Greedy/Getty Images Little is known about "Citizen Awareness Project" in Colorado, which just spent nearly $1 million opposing Obama. Less than three weeks before Election Day, a new mystery group dropped nearly $1 million on an anti-Obama expenditure, according to records. Citizen Awareness Project appears to be a nonprofit organization. It reported the independent expenditure opposing President Barack Obama Thursday, according to a filing with the Federal Election Commission. The entire sum — $994,000 — was paid to Stephen Clouse & Associates Inc., a Virginia firm that specializes in raising money for its clients via direct mail, according to its website . The firm has produced marketing materials for the conservative Heritage Foundation and the Mercatus Center at George Mason University, both of which count billionaire businessman and financier of conservative causes Charles Koch as a board member. Citizen Awareness Project has no website ...
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