May 10, 2011 |
The race to fill a vacant House seat in New York’s 26th Congressional District heated up Tuesday as American Crossroads, the conservative group co-founded by Karl Rove, announced plans to spend hundreds of thousands of dollars on advertising in the final two weeks of the campaign. The group has bought $350,000 worth of Web ads and TV spots that will run in the Buffalo and Rochester markets, said spokesman Jonathan Collegio. And more is likely, according to Democratic media trackers who say the group has reserved an additional $300,000 in air time.
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.
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.
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.
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.
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.
December 5, 2011 |
It all started when Sen. Ben Nelson, a Nebraska Democrat facing a potentially tough reelection fight next year, appeared in TV and radio ads discussing issues such as Social Security and the national debt. The ads, it turned out, cost the Nebraska Democratic Party more than $600,000 -- well above the limit of what a political party committee can spend on a “coordinated” expenditure. The Nebraska Republican Party called foul in a complaint to the Federal Election Commission, arguing that Nelson and Democratic officials exceeded the limits for “coordinated” spending and failed to properly disclose how the ads were paid for. Democrats have contended that the Nelson ads don't fall within the narrow definition of a “coordinated” expenditure, and instead termed them “issue” ads, which are not subject to the spending limits. That assertion was mocked last month by television satirist Stephen Colbert, who has made a personal crusade of pointing out the absurd complexity of campaign finance rules.
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.
August 29, 2012 |
TAMPA, Fla. - A little more than a year ago, Frank VanderSloot contributed $1million to a "super PAC" supporting Mitt Romney. Now, the Idaho-based health products executive is a sought-after donor at the Republican National Convention as he makes the rounds of independent groups backing the GOP ticket. On Monday, VanderSloot and his wife met privately for an hour and a half with Karl Rove, the former top advisor to President George W. Bush and the strategist for the GOP heavyweight group American Crossroads.