super PACs

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Rahm 'Quits' as Obama Chair to Raise Cash

As reports indicate Romney has raised $100M again

(Newser) - Rahm Emanuel is officially resigning his role as an honorary Obama campaign chairman so that he can kickstart a major fundraising initiative to win big-money contributions for Democrats around the country, the Washington Post reports. Emanuel was a renowned fundraiser before running for office, and was one of the first...

Reporter Goes Inside Karl Rove's Elite Fundraiser

He talks strategy, jokes about murdering Todd Akin

(Newser) - In a rare look behind the super-PAC curtain, BusinessWeek 's Sheelah Kolhatkar was able to crash an American Crossroads breakfast yesterday, featuring Karl Rove speaking frankly to the 70 top donors who fund the leading political action committee. Rove said the key to the election was persuading undecided voters...

Romney&#39;s Cash Edge: $62M
 Romney's Cash Edge: $62M 
Aug 21, 2012 7:38 AM CDT

Romney's Cash Edge: $62M

Democrats raising less, spending more than Republicans

(Newser) - Mitt Romney widened his financial edge over President Obama last month, raising more and spending less as super PACs did much of his dirty work. The Obama campaign and DNC raised a combined $75 million in July, but spent $91 million, the New York Times reports. About $40 million of...

College Kids' Super PAC Aims to Raise... Beer Money

A nice cold brew could lead to balanced budget, founders argue

(Newser) - What happens when two college students form a super PAC? Easy: That super PAC sets out to raise money for … beer. Daniel Bassali and Winslow Marshall, both seniors at George Washington University, formed Slam Dunks, Fireworks, and Eagles with the intention of raising enough money to host a congressional...

Election 2012's Projected Tab: $5.8B

Record amount expected to be spent on presidential, congressional races

(Newser) - The USA's continuing economic struggles certainly haven't had a negative impact on campaign spending—which could hit nearly $6 billion this year. A non-partisan group estimates that the total spent on presidential and congressional races will hit $5.8 billion, a record number that would top 2008's...

Romney Grabs $26M Lead in Fundraising

But Obama spends heavily on advertising

(Newser) - President Obama's campaign is cash-light compared to Mitt Romney's, just as Mitt is showing unexpected muscle with small-dollar donors, Politico reports. Romney's campaign and fundraising committees boasted $170 million in the bank last month, $26 million more than Obama and his committees. A big reason why: Team...

New Anti-Obama Super PAC 'Borrows' Military Logos

'Special Operations for America' targets Obama over Osama raid

(Newser) - Special Operations for America, a new anti-Obama super PAC launched this week, accuses the president of stealing glory from the raid that killed Osama bin Laden. But it has been a little light-fingered itself, Mother Jones finds. The group's website and social media pages are plastered with the insignias...

Morgan Freeman Gives Obama Huge Campaign Boost

Donates $1M to pro-Obama super PAC

(Newser) - Priorities USA Action, the super PAC supporting President Obama, has been struggling, raising just $6 million last month —and one-sixth of that came from a single source: Actor Morgan Freeman is putting his money where his mouth is, Politico reports, donating a cool million bucks to the super PAC....

Record for Biggest Super PAC Haul Goes to ... Romney

Restore Our Future raises $20M to pro-Obama group's $6M

(Newser) - Obama supporters have their work cut out for them: In June, pro-Mitt Romney super PAC Restore Our Future raised $20 million, a rep tells the Washington Post . That's a record for any super PAC. Meanwhile, the pro-Obama Priorities USA Action set its own best mark last month—with just...

Debuting Today: LPAC, the Lesbian Super PAC

Jane Lynch, Billie Jean King, and Laura Ricketts all on board

(Newser) - Laura Ricketts attends a lot of political fundraisers targeting gay donors, and she's noticed something: There aren't a lot of lesbians in attendance. That's one of the reasons why Ricketts, whose family owns the Chicago Cubs, has signed on as one of the founding members of LPAC,...

Billionaire Gingrich Backer Gives Romney Mega Bucks

Sheldon Adelson prepared for 'limitless' spending to beat Obama

(Newser) - The $10 million Sheldon Adelson spent on Newt Gingrich's failed presidential campaign may have been just a warmup. The casino billionaire has donated $10 million to pro-Romney super PAC Winning Our Future, making him and his wife, Miriam, this election's biggest donors by far, sources tell the New ...

17 Hilarious Super PAC Names

Including: Raptors for Jesus

(Newser) - Stephen Colbert launched the first satirical super PAC—"Americans for a Better Tomorrow, Tomorrow— but he's got a growing amount of company, especially since it's relatively simple to register a super PAC with the FEC. A sampling of Politico's favorites:

Stevens: High Court Likely Rethinking Citizens United

Former Supreme Court justice says 'second thoughts' are likely

(Newser) - John Paul Stevens, who dissented on the controversial Citizens United ruling before retiring from the US Supreme Court in 2010, says the rest of the justices appear to be having "second thoughts about the breadth of the reasoning." Stevens made his comments at a University of Arkansas event...

GOP Plans to Drop $1B Ad Bomb on 2012

Super PACs and other outside groups plan a huge blitz for 2012 elections

(Newser) - Republican groups plan to spend a record $1 billion on the November elections, and could outspend Democrats by a margin of 2-to-1. Politico has the details on the spending plans of super PACs and other outside groups: The Koch brothers plan to spend $400 million; Karl Rove's groups are...

Colbert-Inspired Super PACs Break Out Nationwide

Stephen Colbert's PAC motivates America's college students

(Newser) - Americans for a Better Tomorrow, Tomorrow, has spawned a new breed of nutty super PAC imitators, CNN reports. College students inspired by Stephen Colbert's super PAC experiment are finding that a stamp and a few pieces of paper suffice to start a political action committee. "I was just...

Romney's Super PAC Walloped Obama's in April

Pro-Romney group hauls in millions more

(Newser) - Mitt Romney's super PAC pretty much lapped President Obama's last month, pulling in $4.6 million in April, to Priorities USA Action's $1.6 million. The kicker? That was the smallest haul of the year for the pro-Romney Restore Our Future, Politico reports. April was a particularly...

Right-Wing Super PACs Outspending Liberals 4-1

They're playing big role in congressional races

(Newser) - Super PACs aren't just reshaping the presidential race , they are also transforming congressional campaigns. And in those races, conservative interest groups are outspending their liberal rivals by a four-to-one margin, reports the Washington Post . So far, conservative groups have plowed $20 million into House and Senate races, and with...

Time to Make Souter Dissent on Citizens United Public

It could air the court's 'dirty laundry': Richard Hasen

(Newser) - The Supreme Court could soon revisit the issue of campaign finance, and it's time we heard David Souter's opinion on the matter. Souter wrote an unpublished draft dissent against Citizens United, the case that opened the door to super PACs; it was an issue dear to his heart,...

Super PAC: We'll Hammer Obama With Jeremiah Wright

Plan to hit him where McCain pulled back

(Newser) - Top Republican strategists have devised a plan to "do exactly what John McCain would not let us do" and bombard the public with incendiary Jeremiah Wright soundbites just in time for the Democratic National Convention in September. The plan was commissioned by Chicago Cubs owner Joe Ricketts, who would...

New GOP Super PAC Targets Young Voters

Crossroads Generation hopes to turn frustration into GOP gain

(Newser) - A new super PAC is targeting younger voters—but it's Republican, not Democratic. Crossroads Generation aims to tap into the frustration of young Americans fed up with poor job prospects, overwhelming student loans, and a weak economy. The new PAC is today launching a $50,000 social media campaign...

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