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Tag Archive: Campaign Finance

Outside Money in the Senate: One map, four graphs and seven takeaways

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Outside money continues to pour in at a record pace this election cycle, and beyond the presidential race, the biggest general election spending totals are all in Senate races: $29.7 million in Virginia; $24.6 million in Ohio; $22.2 million in Wisconsin; $18.5 million in Nevada; $16.3 million in Montana. And counting. All told, outside groups have dropped $189.4 million into Senate races as of October 23. And no wonder: the Senate remains very much up for grabs, and the parties are very close in their levels of outside spending – unlike both the presidential and House races, where Republicans have the outside spending edge. In the Senate outside money chase, Republicans have a very narrow lead, $97.3 million to $92.1 million. Of particular interest is that Republicans are relying much more on non-party organizations – primarily Crossroads GPS and the Chamber of Commerce – that don’t have to disclose their donors and only have to report their spending within 60 days of an election. Among these types of groups, Republicans lead Democrats $56.2 million to $24.6 million. And significantly, while party committees are limited in the amount of money they can raise from any one individual ($30,800 per cycle), groups like Crossroads GPS and the Chamber can receive unlimited contributions. By contrast, Democrats are still relying much more on the traditional party structure. First, an overview of the outside spending, by state:

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Political donors’ million dollar check club: September edition

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A relative handful of mega-donors capable of writing seven-figure checks, thanks to the 2010 Supreme Court ruling in Citizens United that opened the door for unlimited campaign contributions, have fuelled this fall's dizzying rise in outside political spending, which jumped from $14 million the week ending Sept. 1 to $110 million the week ending Oct. 20, according to Sunlight's Follow the Unlimited Money tracker.

In September, 25 individuals or organizations wrote checks of $1 million or more to super PACs, according to Sunlight's analysis of the last full month of campaign expenditure reports that we will see ...

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Last-minute Democratic political donations don’t close the money gap

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A flood of last-minute largesse from Democratic donors helped Priorities USA Action, the super PAC backing President Barack Obama's reelection, outraise its Republican counterpart for the second month in a row in September. But Republican-leaning outside spenders still headed into the last full month of the campaign with a huge cash advantage, an analysis of records filed overnight at the Federal Election Commission by Sunlight's Follow the Unlimited Money tracker shows.

Restore Our Future, the super PAC founded by former Mitt Romney aides to support the Republican presidential candidate, headed into the last month of the campaign with ...

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Pro-Romney super PAC: $100 million and counting

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dark moneyRestore Our Future has hit a fundraising milestone: The super PAC supporting Republican presidential candidate Mitt Romney has clocked $100 million in contributions since it was organized just two years ago this month.

That puts the pro-Romney super PAC far ahead of the rest of the PAC pack when it comes to fundraising, Sunlight's Follow the Unlimited Money tracker shows, though just how wide a lead it enjoys won't be possible to determine until the rest of the campaign committees file their latest reports with the Federal Election Commission. Committees that report monthly to the FEC -- a group ...

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Republicans in tight House races on top in the money game

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Incumbents in big (and expensive)races, L-R: Reps. Judy Biggert, R-Ill; Chip Cravaack, R-Minn.; Bobby Schilling, R-Ill.; Allen West, R-Fla.

Republicans vying for House seats have the money edge in tossup races as the campaign enters its home stretch. The latest campaign finance reports filed with the Federal Election Commission show that GOP candidates have at least $5.65 million more than the Democrats in 23 tossup races as identified by the nonpartisan Cook Political Report. Republicans in the group had about $17.64 million cash on hand, compared to the Democrats' $12 million. 

The report, which covers the third ...

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Stealthy Wealthy: Franklin Haney built real estate empire with government help

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the portals

Longtime Democratic donor Franklin L. Haney, who with his wife Emeline has poured $1.1 million into the effort to reelect President Barack Obama, has built his business around developing government-supported real estate projects and acting as a government landlord. 

He survived investigations in the 1990s by the Justice Department on campaign finance violations and by Congress for using his monied influence to secure a lucrative government lease. During the latter, he was nearly found in contempt of Congress for failing to supply requested documents.  

The onetime champion Bible seller and would-be governor of his home state of Tennessee has ...

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Democratic super PACs come into their own

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Chart of donations to super PACs by party

Democratic super PACs, which earlier this year lagged far behind their Republican counterparts, passed a milestone in August: they took more in contributions into their coffers than GOP super PACs: $28 million versus $22 million. Filings covering September are due this Saturday.

It may be more of a photo-finish than it first appears: a portion of the Democratic groups' take involve PAC-to-PAC transfers, which are difficult to extricate from the totals due to way reports are filed with the Federal Election Commission. But quarterly filings that landed Monday leave little doubt that the Democratic super PACs, including Priorities USA and ...

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Americans for Tax Reform drops $2 million in one day

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Dark money group Americans for Tax Reform just dropped close to $2 million to influence competitive House races. 

Victories for the 501(c)4 non-profit lobbying organization, founded by conservative lobbyist Grover Norquist in 1985, would undoubtedly complicate efforts to reach a deal to avert the so-called "fiscal cliff" because the group "opposes all tax increases as a matter of principle." ATR's central tenet -- the Taxpayer Protection Pledge, which requires lawmakers to  "solemnly bind themselves to oppose any and all tax increases," enjoys the backing most Republicans in Congress and all but one of this year's GOP presidential ...

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CFC (Combined Federal Campaign) Today 59063

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