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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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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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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It's tea party vs. unions in PA house race
Friday, September 14, 2012 - 10:16 YouTube/Screenshot Organized labor has rallied behind Rep. Mark Crtiz, D-Pa., by producing ads like this one from SEIU COPE, the PAC of the Service Employees International Union, which opposes Crtiz's opponent Keith Rothfus. It’s the tea party versus unions in the race to determine who will control Pennsylvania’s redrawn 12th Congressional District. Democratic Rep. Mark Critz, backed by union muscle, faces a challenge from attorney Keith Rothfus, a tea party favorite, in a race that has already seen $1.4 million in outside spending. House races are especially vulnerable to outside spending because smaller districts and smaller campaign accounts mean less money is needed to make an impact. The Service Employees International Union’s super PAC, SEIU PEA Federal , and its traditional PAC, SEIU COPE , dropped $277,000 on Thursday on ads and other campaign expenditures designed to help Critz stay in Congress, Federal Election Commission reports ...
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