September 9, 2011 |
Mississippi Gov. Haley Barbour, perhaps the most prodigious fund-raiser the GOP has ever seen, will be joining forces with politically powerful Crossroads groups, the independent campaign organization that helped tilt several congressional races to the GOP in 2010. In announcing his arrival, the organization also disclosed its plans to double its previously announced fund-raising goal for 2010, meaning it hopes to raise over $200 million. The news is yet another sign that independent political groups that can raise unlimited sums from corporate, individual and union donors will play a bigger role than ever in the upcoming election, possibly overshadowing traditional campaign and party organizations in some races.
December 5, 2012 |
One of the biggest outside spenders in the 2012 election has turned its focus to the "fiscal cliff" debate. Crossroads GPS, the conservative nonprofit founded in part by GOP strategist Karl Rove, released a new ad Wednesday slamming President Obama's opening bid in the negotiations to avert year-end tax increases and spending cuts. The spot says the president's plan -- which closely hews to his 2013 budget proposal -- offers "a huge tax increase" and "no real spending reforms.
October 23, 2010 |
Voters in seven congressional districts and the state of Washington will see new ads on the airwaves by the U.S. Chamber of Commerce, which is among a handful of conservative groups with plans to spend heavily in the final days of the midterm campaign. Armed with millions of dollars but facing a shortage of airtime in many television markets, the Chamber will spend $1 million on radio and Internet advertising in support of Dino Rossi, the Republican candidate challenging incumbent Washington Sen. Patty Murray.
January 31, 2012 |
The new role that the super-rich play in electoral politics began to emerge with greater clarity Tuesday as recently formed "super PACs" publicly reported their donors and expenses for 2011. Restore Our Future, the super PAC backing Mitt Romney's candidacy, raised $30 million during 2011, thanks in part to separate $1-million donations from three New York-based hedge fund executives: Paul Singer, Robert Mercer and Julian Robertson. Two privately held corporations each gave $1 million to Romney as well.
August 20, 2012 |
WASHINGTON - Another ominous sign for embattled Missouri GOP Senate candidate Todd Akin: the heavyweight conservative groups American Crossroads and Crossroads GPS are pulling out of the state and halting their advertising against Akin's opponent, Democratic Sen. Claire McCaskill. “The act speaks for itself,” Crossroads spokesman Nate Hodson said Monday. Akin caused a furor Sunday after suggesting in a television interview that women who have experienced “legitimate rape” can biologically prevent a pregnancy.
November 4, 2011 |
Karl Rove, architect of George W. Bush's presidential victories, is steeped in the business of political fundraising. He co-founded one of the major "super-PACs," American Crossroads, which will try to cut into President Obama's fundraising advantage in the 2012 election. For Rove, the Obama campaign is both a target and a rival - and he doesn't like one of the methods it is using to raise campaign money. Making full use of the power of incumbency, the Obama campaign has set up a "speaker series" in which people pay $5,000 to hear closed-door speeches delivered by administration officials, White House alumni -- even celebrities who are partial to Obama.
August 1, 2011 |
With no contribution limits standing in their way, Hollywood bigwigs and finance executives shelled out top dollar to outside political groups that are looking to make a big impact in the coming election cycle. In the first half of the year, 91 “super PACs” - committees that can raise unlimited money from individuals, corporations and labor unions, but must work independently from candidates and political parties - raised $26 million, the Sunlight Foundation notes . But the vast majority of that total was raised by a just a handful of groups, whose filings reveal some noteworthy names.
October 7, 2010 |
Democrats and their allies, moving to counter millions of dollars flowing to Republican campaigns from groups such as the U.S. Chamber of Commerce, have accused the international business organization of using foreign money to influence American elections. The effort to paint conservative political groups as fronts for multinational corporations and foreign billionaires gathered steam this week after an affiliate of the liberal-leaning Center for American Progress charged that the chamber was using funds from foreign corporations to finance its political operations in Washington.
June 28, 2013 |
The Senate passed a sweeping bipartisan immigration reform bill Thursday that should be cause for celebration. The legislation offers much-needed changes to existing laws, including overhauling an outdated and dysfunctional visa system to allow more high-skilled and low-skilled workers to come to the United States. The bill would also create a path to citizenship for the estimated 11 million immigrants who are already here and working in an underground economy. The bill is far from perfect.
March 20, 2012 |
A "super PAC" supporting Mitt Romney has won the backing of another corner of the financial sector: payday lenders. Seven payday loan companies donated a total of $162,500 to Restore Our Future in February, according to reports filed with the Federal Election Commission on Tuesday. All the donations were recorded in the first week of the month, in increments ranging from $2,500 to $35,000. Restore Our Future declined to comment on the donations and their timing. A spokesman for the largest payday lender also declined to comment.