Members of the Senate Rules Committee have first-hand knowledge of the impact of the Supreme Court decisions on campaign finance that the panel is examining.
Continue readingBarrage of political campaign spending follows shootings at Sandy Hook
Even in an "off" election year, groups on both sides of the gun debate spent millions to influence public opinion, and some have stockpiled big warchests for 2014.
Continue readingDeMint leads from afar in Obamacare fight
"I personally believe I can do a lot more on the outside than I can on the inside," former Sen. Jim DeMint, R-S.C., (pictured right) told reporters concerning his decision to leave his Senate post for the helm the conservative Heritage Foundation in December of last year.
While he may no longer claim a seat on the floor of the upper chamber, the 62 year old who was a tea partier before there was a Tea Party is still very much at the center of the congressional scrum over the Affordable Care Act and budget negotiations.
In his time ...
Continue readingAnti-super PAC super PAC gets big money from Silicon Valley
Friends of Democracy, the hybrid super PAC founded by the son of George Soros that wants to spend millions of dollars to take money out of politics, raked in about $1.8 million in the first half of this year, with six-figure contributions from Silicon Valley venture capitalist Sean Parker and Google engineer Matt Cutts.
Continue readingSen. Markey’s IOUs
Long-time Rep. Ed Markey, D-Mass., who will be sworn into the U.S. Senate today, a victory for the left-leaning coalition of bit doors who helped him win a special election last month.
Continue readingIs a super PAC in Rick Perry’s future?
Rick Perry got permission last year to convert leftover presidential campaign funds to a super PAC, which could help the Texas governor win the kinds of friends he needs to mount a second bid for the presidency in 2016.
Continue readingMoney, politics and the Missouri special election
Voters are going to the polls today in southeastern Missouri to select a replacement for their former congresswoman, Jo Ann Emerson, and as is always the case, they've been preceded by monied interests trying to influence the outcome. So let's review the bidding:
Although Sunlight's Follow the Unlimited Money tracker shows that there are many other races (including some that won't take place until next year), there's still a bit of intrigue. On Monday, our colleagues over at the Center for Public Integrity revealed that Conservative Strikeforce Super PAC, the group spending in the race on behalf of the GOP standard-bearer (and odds-on favorite in the ruby Republican red corner of the Show-Me State) Jason Smith, timed the expenditure so that the donors won't have to be revealed until after Election Day. We've seen this trick before.
Continue readingFinal look at outside spenders’ 2012 return on investment
The controversy over the Internal Revenue Service's targeting of Tea Party groups has put a spotlight on the non-profit groups that played such a prominent role in the 2012 campaign. The groups have become popular conduits for political funds because, unlike political action committees, they do not have to disclose donors to the Federal Election Commission. While most of the groups whose applications the IRS slow-walked were relatively small givers, many groups that did land non-profit status gave big. Check out this page to see the "social welfare" non-profits who made political expenditures in the 2012 election cycle. Because of the interest, the Sunlight Foundation has decided to update the Return on Investment feature we first published the day after the election. This analysis looks at more than 100,000 lines of itemized expenditures made by outside spending groups (super PACS as well as 501(c) non profits) and calculates the amount of money that went toward the desired result on Election Day. Our update accounts for updated filings and amendments at the Federal Election Commission and our own data cleanup. For more details on each group listed below click on the “see ROI breakdown” button. You can sort by general election spending, candidate, support or oppose, and election result.
Continue readingIRS creates big stir targeting small fry
Lost in the widening scandal over the IRS targeting of conservative political groups: The fact that most of them were not the big political players of 2012.
Continue readingLooking back at mega donor Bob Perry’s political giving
Houston homebuilder Bob Perry, who passed away over the weekend at the age of 80, poured millions into conservative causes during his lifetime. He was part of an elite cohort of people able to write million-dollar checks, and over the course of his lifetime contributed to candidates, PACs, party committees and super PACs. Overall, he contributed $53 million, according to data in Influence Explorer.
Though he was overshadowed in the 2012 campaign by megadonors Sheldon and Miriam Adelson, there were times during the contest when Perry “lead the pack” of super PAC donors, giving hefty amounts to Restore Our Future ...
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