What makes a super PAC super?
Traditional political action committees are bound by a $5,000 annual limit on the size of contributions they can accept from individuals and are prohibited from accepting contributions from corporations and labor unions. A super PAC is freed from these restrictions under two conditions: The PAC must neither 1) give money directly to a candidate or other political committees that give directly to candidates, nor 2) coordinate how it spends its money with a federal candidate. As long as those two conditions are met, a super PAC may accept donations directly from corporate or ...
Billionaire casino mogul Sheldon Adelson and his wife, Miriam, who have reportedly given a combined $10 million to Winning Our Future, the super PAC that supports and is run by former staffers of Republican presidential candidate Newt Gingrich, were drawn to him by a shared view of the importance of the U.S. relationship to Israel.
But a review of public records by Sunlight suggests that the couple, who appears to be the former House speaker's most generous political patrons pending the filing of Winning Our Future's first complete financial disclosures later this month with the Federal Election ...Continue reading