So can we finally stop hearing the erroneous claim that Republican presidential candidate Mitt Romney is winning the fundraising battle against President Barack Obama, the all-time champion when it comes to vacuuming up campaign cash? In August, the GOP nominee had his best month of fundraising--and fell about $2 million short of Obama's haul.As we've previously noted, Obama began raising money for his reelection bid in April 2011, pulling in tens of millions of dollars each month for his reelection committee and the Democratic National Committee. Romney only began his joint fundraising efforts with the Republican National ... Continue reading
On the eve of the Democratic convention, Priorities USA Action, the super PAC that is supporting President Barack Obama's reelection campaign, has announced that it raised $10 million in August, via this report in the New York Times. However, we won't know who has donated this money until official reports are due at the Federal Election Commission (FEC) later this month.
Restore Our Future, the super PAC supporting Republican presidential nominee Mitt Romney, has not yet released its fundraising totals for August. In July, the group raised $7.5 million. Top donors to the group include Casino magnate ...Continue reading
Mitt Romney and President Obama have released their July campaign fundraising totals, and the Republican challenger continues to fall further behind the incumbent in the race to raise the most money.
Obama's campaign and the Democratic National Committee claim they raised $75 million last month--$4 million more than their haul in June, while Romney's campaign and the Republican National Committee say they brought in just $101 million, a decline from the $106 million they raised the month before. Much has been made of the fact that Romney has outpaced Obama in monthly numbers since effectively wrapping up ...Continue reading
Though President Barack Obama called super PACs a "threat to democracy" before embracing them last February in his own reelection effort, he and members of his inner circle had no trouble meeting with the kind of people who contribute to them. At least 16 individuals who gave money to some of the major outside spending groups had meetings with White House officials--including Obama himself.
The group of 16 includes major Democratic donors, bundlers for Obama's campaign and a few individuals who have official roles in the administration. Some have frequent access to both the president and his inner circle ...Continue reading
Whether or not the much-in-the-news private equity industry has been the bane of the economy or a job creator, one fact remains uncontested: it has been very, very good for political fundraising, for Republicans and Democrats alike.
With $22 million contributed this election cycle alone, according to Influence Explorer, top recipients look like a who's who of powerful politicians. House Speaker John Boehner, R-Ohio, and Republican Whip Eric Cantor, R-Va., have collected large amounts, along with Sen. Bob Menendez, a New Jersey Democrat who recently served as chairman for his party's senatorial campaign committee and is himself facing ...Continue reading
This Thursday at 7 p.m. President Barack Obama is set to address Congress and the nation when he’ll unveil his latest plan to create jobs. Already, a preview of the speech shows proposals consistent with the positions of influential groups like the U.S. Chamber of Commerce and the AFL-CIO. Both groups have spent millions to influence elections and policies. With that in mind, the Sunlight Foundation will cover the speech with live video, data and commentary at sunlightlive.com.
Some of the glimpses into Obama's plan were provided by the president himself during a Labor Day ...Continue reading
On Thursday, May 19, President Obama will give a speech on recent events in the Middle East, from the "Arab Spring" uprisings to the lack of progress on an Israeli-Palestinian peace pact. How he addresses these issues is influenced by U.S. interests in the region, as well as lobbying efforts by foreign governments and organizations such as the American Israel Public Affairs Committee, better known as AIPAC.
To try to sort out these tangled relationships, the Sunlight Foundation will live-blog the president's address on sunlightlive.com, our award-winning multimedia platform. Our reporters and researchers will work to provide ...Continue reading
Penny Pritzker, who served as President Obama’s finance chair during his 2008 campaign and whose name was mentioned as a possible U.S. Commerce Secretary, met with Treasury Secretary Timothy Geithner and several other top government heavyweights to discuss Government Sponsored Enterprises (GSEs), according to meeting logs released by the agency this week.
In 2008, Pritzker who has a stake in several real estate and hotel businesses across the country, came under scrutiny for her role in a failed bank that made subprime loans in the leadup to the financial crisis. Pritzker said at the time that the bank ...Continue reading
This morning the Sunlight Foundation will be covering President Obama’s address to the U.S. Chamber of Commerce using Sunlight Live, our award-winning, real-time, investigative reporting platform.