Stealth spending on the rise as Election Day approaches
Thursday, October 18, 2012 - 13:45 Chip Somodevilla/Getty Images Romney campaign pins are on display for sale in the GOP gift shop during the third day of the Republican National Convention. The top two spending organizations taking advantage of the Citizens United decision are Republican backers. After the U.S. Supreme Court’s 2010 ruling that unleashed corporate and union spending on elections, there seemed to be a silver lining: the identity of those who fund all those annoying ads would be revealed to the public on a regular basis. It hasn’t quite worked out that way. Since Labor Day, spending by outside groups taking advantage of the high court’s Citizens United decision totaled a little more than $229 million, including unions. Forty-four percent of the total — $100 million — has come from non-disclosing, nonprofit corporations. The clearest example comes from the top two spenders. Both organizations are Republican backers. And they also happen to share the same ...
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The "spring break" president?
Wednesday, October 17, 2012 - 09:30 YouTube/Screenshot Obama is accused of spending too much time on frivolous activities in a new attack ad from a tea party group. “It’s time to put the adults back in charge,” says the narrator of a new attack ad from a conservative political action committee. “Sometimes Barack Obama seems to confuse being president with being on spring break,” he continues. “It’s time to retire the beer-summit, spring-break presidency.” The Campaign to Defeat Barack Obama released this new advertisement just after the end second presidential debate Tuesday night, which saw Obama continue his campaign’s theme of painting GOP presidential nominee Mitt Romney as out-of-touch and elitist. The ad takes the out-of-touch theme and turns it against Obama. The PAC’s ad notes that Obama has played more than 100 rounds of golf during his tenure. It also features clips of his “slow jamming the news” on "Late Night with Jimmy Fallon" and other ...
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Super PAC quarterly report sheds light on donors
Tuesday, October 16, 2012 - 09:32 Win McNamee/Getty Images Super PACs reported their donors and funds raised for the third quarter Monday. A new batch of super PAC donor information arrived at the Federal Election Commission Monday, and among the top contributors was the nonprofit Americans for Limited Government, profiled by the Daily Disclosure on Monday after the organization released a Web video implying that Vice President Joe Biden was on drugs during last week’s vice presidential debate. Americans for Limited Government gave 86 percent of the $1.7 million received by Now or Never PAC , which has spent most of its money opposing the candidacy of Democrat Tammy Duckworth. Duckworth is running for U.S. House in Illinois’ 8th District. Super PACs report donors to the FEC monthly or quarterly. Super PACs that file quarterly are generally less well-known. For example, Restore Our Future , which favors Mitt Romney, brought in $9.4 million in August alone. American Bridge ...
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Post-Citizens United spending favors Romney
Wednesday, October 10, 2012 - 15:21 CPI / Marketplace Since Labor Day, the once unofficial start of the election season, 70 percent of outside spending on the presidential race made possible by the Citizens United court decision has benefited Mitt Romney, according to a Center for Public Integrity analysis. More than $106 million of the $117 million spent on the Obama-Romney matchup since Sept. 3 has been on negative ads, with President Barack Obama absorbing more than $80 million in attacks, according to the analysis of Federal Election Commission data. By way of comparison, the Obama campaign has spent $346 million over the entire election and Romney has spent $288 million, according to the Center for Responsive Politics . American Crossroads, a conservative super PAC co-founded by Republican strategist Karl Rove, is the top anti-Obama spender as well as the top overall spender among outside groups in the presidential election. Priorities USA Action, a pro-Obama super PAC, is the second-biggest ...
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Nonprofit spends $8.2 million against Obama
Friday, September 28, 2012 - 09:11 YouTube/Screenshot Americans for Job Security enters the presidential election with an $8.2 million ad buy for "Running." Americans for Job Security , a conservative nonprofit organized as a trade association, reported that an ad criticizing President Barack Obama, titled “ Running ,” cost $8.2 million , a significant figure considering the group’s total take in its 2010 fiscal year was $12 million, according to its most recent tax filing . “Running,” released Wednesday, is the group’s first reported presidential ad of the election. It shows a mother jogging down the street as she says in the voiceover that she’s “running to forget” the bad economy, her husband’s layoffs and the national debt. “The future is getting worse under Obama,” she says. The ad is airing in six swing states. Americans for Job Security is run by president Stephen Demaura, the former director of the New Hampshire State Republican Committee, out of an Alexandria, ...
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