Here are five reasons why big money still matters in politics.
Continue readingIn Colorado, Karl Rove (Cory Gardner) beats Tom Steyer (Mark Udall)
Two big money groups squared off in Colorado — and the GOP's money won.
Continue readingCampaign Intelligence: Who’s spending the most to influence the vote
Want to follow the political money beat? We can help.
Continue readingPrimary post-mortem: Intraparty squabbles still a conservative game
The dust has settled on primary season. What we've learned? The fight for the soul of the GOP is as alive as ever.
Continue readingOutside political spending = economic boom in D.C.
The politicians may love to hate Washington but guess where most of the money being spent on their behalf is going.
Continue readingHedge fund millionaires fuel New York super PAC
Politically active hedge fund managers are the financial engine behind a new super PAC that's making a splash in a Republican primary in rural New York.
Continue readingFEC lawyers: Reason to believe Crossroads broke law
The FEC's lawyers believe Crossroads GPS likely violated election law, according to a little-noticed legal report quietly released late last Friday.
Continue readingPolitically connected nonprofits have long bested the IRS
The Republican Governors Public Policy Committee is a nonprofit organization with a multimillion dollar budget devoted to "promoting social welfare and efficient and responsible government practices" according to the most recent tax return it filed with the Internal Revenue Service. On its website, the group tells a different story: It's "the official policy organization of the nation’s Republican governors."
As House Government Oversight and Reform Committee Chair Darrell Issa, R-Calif., prepares to broaden his investigation of the Internal Revenue Service's admitted targeting of conservative groups ...
Continue readingKarl Rove’s super PAC breaks $100 million in spending
American Crossroads, the super PAC run by Karl Rove, has spent more than $100 million.
Continue readingCrossroads machine drops combined $78 million this month — so far
Blowing away the competition, the GOP-aligned independent groups American Crossroads and Crossroads GPS have now dropped a combined $78 million in October alone to influence the 2012 election.
That’s about double what the official Republican party committees have spent on independent expenditures so far this month.
Among outside givers, the conglomerate founded by longtime Republican strategists Ed Gillespie and Karl Rove, are in a class all their own. You would have to total the October spending of the next eight biggest spending GOP outside groups to surpass the Crossroads machine – from the pro-Romney Restore Our Future’s $31 million ...
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