Our look at the money, the strategy and the ads behind election 2014. On the radar screen this week: Illinois, the Koch brothers and more.
Continue readingFive reasons big money still matters after Election Day 2012
Just because some big players lost their shirts with their Election Day gamble doesn't mean Big Money won't be back at the table in upcoming contests.
Continue readingHalloween special: Scary super PACs and America’s zombie apocalypse
While browsing our super PAC database in the days leading up to Halloween, Sunlight reporters couldn't help but notice the number of committee names that were creepy--even scary. On the other hand, perhaps it's not so surprising given how many operate in shadowy fashion.
Continue readingThe money bombers: Which outside spenders have the most for the homestretch?
Heading into the final stages of the 2012 campaign, the super PAC in position to have the biggest impact, by far and away, is American Crossroads, Sunlight's Follow the Unlimited Money tracker shows.
Of all the outside spenders who filed monthly reports Thursday with the Federal Election Commission, the super PAC founded by veteran Republican strategists Ed Gillespie and Karl Rove, has by far the biggest stockpile of cash: more than $32 million. The intriguing question: Will Crossroads, which has spent $25 million so far opposing President Barack Obama's reelection, continue to invest in the presidential race, or ...
Continue readingAt Democratic super PACs briefing, strategists ask for more cash
CHARLOTTE, N.C. -- If there were millionaires at Tuesday's happy hour for prospective donors of the three major super PACs backing congressional Democrats and President Obama, they were not the recognizable backers of the groups. And there was not much exclusive about the affair.
At the door of a cozy, downtown bar a short walk from the site of the Democratic Party’s convention, an employee checked off names of attendees on an iPad. But he did not seem to stop anyone, and so this reporter walked on through the door.
The event was one of several being hosted ...
Continue readingMissouri primary: McCaskill and Democrats helped Republican Todd Akin to Senate nomination
Sen. Claire McCaskill, D-Mo., and Democratic outside groups, pouring in over $1 million during Missouri's Republican Senate primary, got the guy they wanted: Rep. Todd Akin, who Tuesday upset two other Republicans to take the GOP nomination.
Recent polls have shown McCaskill trailing all three Republicans in head-to-head matchups, but Akin has the smallest edge. She is betting voters will see the six-term congressman -- who gave "thanks to God our creator" in his victory speech and has been endorsed by former Arkansas Gov. Mike Huckabee, an evangelical Christian -- as too conservative.
Late in the primary, McCaskill hit TV and ...
Continue readingDemocratic joint super PAC is a first
Just when you thought you had the shadowy world of super PACs figured out, here comes a new twist: Three big Democratic super PACs -- formed to support President Barack Obama, and House and Senate Democrats -- are banding together to form the first ever joint fundraising super PAC.
The three, which registered their joint committee with the Federal Election Commission last week, are among the largest super PACs, in terms of contributions to their committees. They've raised a combined $10 million for the 2012 election so far. But that figure looks less impressive when compared with the haul of some ...
Continue readingFEC proposes rule to allow federal officeholders, candidates to appear at Super PAC fundraisers
In response to a request by a pair of Democratic Super PACs, the Federal Election Commission has proposed a new rule that would allow members of Congress, federal candidates and national political party officials to appear and speak at fundraisers for independent expenditure-only committees, or Super PACs, but would bar them from asking corporations, labor unions or individuals for the unlimited contributions that fueled the spending of these outside groups in the 2010 election cycle.
The FEC issued the proposed rule, which will be considered at a commission meeting on June 30, after James Bopp Jr., the conservative lawyer who ...
Continue readingDemocratic Super PAC raises individual, union, corporate and Super PAC contributions
The House Majority PAC, one of the two Democratic Super PACs currently seeking permission from the Federal Election Commission to have federal candidates and party officials solicit funds for them, has disclosed its first batch of donors in the 2012 election cycle. Among the big givers are stalwart Democratic donors, including unions like the American Federation of State, County and Municipal Employees ($200,000) and the Communications Workers of America ($50,000), individuals like Fred Eychaner ($100,000) and George Soros ($75,000), trial law firm Kazan McClain Lyons Greenwood & Harley ($10,000), tech company Integrated Archive Systems ($25,000 ...
Continue readingTwo groups oppose soliciting for Super PAC scheme
Bob Kerrey and Warren Rudman, two former U.S. Senators who are now co-chairs of Americans for Campaign Reform, gave testimony almost a decade ago documenting how raising big soft money donations to political parties had a corrupting effect on lawmakers. The see a similar corrupting effect should the Federal Election Commission rule that federal candidates and party officials can raise unlimited contributions from any source for Super PACs. The Campaign Legal Center agrees, arguing that candidates for federal office and party committee officials are barred from raising funds not subject to the limits of the Federal Election Campaign Act ...