Restore Our Future, the super PAC backing presumptive Republican presidential nominee Mitt Romney, spent more than $20 million on deceptive ads in early primary and caucus states, according to a just-released study by the Annenberg Public Policy Center. That figure includes more than $9 million in ads distorting the record of former House Speaker Newt Gingrich, who is set to endorse Romney on Wednesday.
Relying on the spending estimates of commercial ad-tracking company Kantar Media CMAG and the content analysis of Annenberg's own FactCheck.org, the center calculates that outside groups spent a total of $41.1 million through ...Continue reading
Bain Capital, the private equity firm that Mitt Romney has touted as the source of his business acumen and one of his opponents for the Republican nomination has labeled "vultures" is the largest source of political money for the former Massachusetts governor over the course of his career.
Current and former executives and family members of Bain Capital have contributed more than $2.7 million to Romney's federal and state campaigns, federal and state leadership PACs, the Restore Our Future super PAC that supports Romney, and his gubernatorial inauguration fundraising committee.
Sunlight analyzed federal campaign finance data from the ...Continue reading
As the Republican presidential race turns south, the key players to watch appear to be not the candidates emerging from Tuesday's New Hampshire primary but the super PACs who are supporting or opposing them.
In South Carolina, where the next votes will be cast in a Jan. 21 primary, local political observers and television executives tell Sunlight that the new political entities—most of which have yet to disclose any sources of their funding—are dominating the airwaves, far outspending the candidates. In Florida, which holds its primary on Jan. 31, a super PAC backing New Hampshire winner Mitt ...Continue reading
As the voting for the Republican presidential nomination gets underway, super PACs have already emerged as a big factor, spending more than $13 million so far in Iowa and other early-voting states. Yet a growing number of the independent expenditure groups active on behalf of presidential candidates has made moves to ensure that information on their donors will likely remain hidden until votes are cast in three more states.
Four of the biggest spenders—the pro-Romney Restore our Future PAC, the pro-Santorum Red, White & Blue Fund, the pro-Huntsman Our Destiny PAC, and the pro-Gingrich Winning Our Future, recently changed their ...Continue reading