September 4, 2012 |
Priorities USA Action, the “super PAC” supporting President Obama's reelection bid, raised $10 million in August, its most lucrative month of the campaign so far. The haul was first reported by the New York Times and confirmed to the Los Angeles Times/Tribune Washington Bureau by strategist Bill Burton, one of two former White House aides running the group. Burton did not specify any notable donors who stepped up in August; those names will be revealed Sept. 20 when the group files its monthly finance report with the Federal Election Commission.
October 20, 2010 |
American Crossroads, a conservative group founded by Republican strategist Karl Rove and other party leaders, has raised more than $24 million since it was started this year, including $8 million in the first 13 days of October. Reports filed Wednesday night with the Federal Election Commission shed some light on the group's funding sources. Major donations flowed by way of Texas, the reports show. Bob J. Perry, a Houston home builder known for financing the Swift Boat Veterans for Truth, contributed $7 million.
August 24, 2012 |
One of the largest conservative advocacy groups announced Friday that it was pouring an additional $6 million into television ads that explicitly call for President Obama's defeat, testing the limits on the political role of nonprofit social welfare organizations. Americans for Prosperity, which has been backed by the billionaire Koch brothers, said it planned to put as much as $27 million by the first week of September into commercials that expressly call for voters to deny Obama a second term.
September 2, 2011 |
American Crossroads, the conservative super PAC co-founded by Karl Rove, pulled in $2.6 million in less than two months, fueled in large part by a single mega-donor. The group now has more than $5.6 million cash on hand, according to Federal Election Commission filings . All told, American Crossroads and affiliated group Crossroads GPS -- a nonprofit 501(c)4 that does not have to disclose its donors -- have raised nearly $25 million through Aug. 31, spokesman Jonathan Collegio said.
February 15, 2012 |
President Obama maintains that he's against allowing unlimited and sometimes undisclosed donations to pour into candidate "super PACs" this year, but authorized his own campaign to assist one supporting his reelection bid to avoid giving Republicans an unfair advantage. "My strong preference would be to completely eliminate that super PAC process," Obama told an interviewer at the White House Tuesday. "But we're not gonna just let a whole bunch of folks who are not only self-interested but aren't always disclosing what their contributions are to be able to simply purchase an election.
July 13, 2011 |
The chairman of the Republican National Committee brushed off President Obama's record-fundraising announcement Wednesday, saying no amount of money can make up for the president's shoddy economic record. Reince Priebus, who inherited a national party machine deep in debt earlier this year, said despite the fact that Obama and the Democratic National Committee outraised all the GOP presidential contenders combined, there's little doubt that the eventual GOP nominee will be able to compete.
August 31, 2012 |
WASHINGTON -- "Super PACs" and other outside groups have reported spending more than $119 million on the presidential campaign since Mitt Romney unofficially clinched the Republican nomination in early April, a sum that underscores the profound impact independent political groups are having on the 2012 presidential race. Two-thirds of that money has gone into television ads and other efforts opposing President Obama's reelection and backing Romney's bid, according to an analysis of Federal Election Commission data by the Times Data Desk.
May 15, 2013 |
The revelation that conservative political groups seeking tax-exempt status were singled out for special attention by Internal Revenue Service bureaucrats has given Republicans their best cudgel yet to beat on the Obama administration. But as the outrage revs into high gear, let me offer a contrarian perspective: As inept as the IRS may have been in the way they processed applications for 501(c)(4) status, the bigger scandal is that the IRS grants the tax-exempt designation to so many overtly political organizations, treating them as if they are no more engaged in partisan politics than the Girl Scouts. The reality is that numerous high-powered political operatives for both Republicans and Democrats have formed 501(c)
August 22, 2013 |
Republicans have been blistering the Internal Revenue Service for months over its notorious targeting of tea party groups applying for tax-exempt status. Now a leading House Democrat and three campaign reform advocacy groups are suing the IRS for not taking a tough enough line against politicized nonprofits. Rep. Chris Van Hollen (D-Md.), Democracy 21, the Campaign Legal Center and Public Citizen asked a federal judge in the District of Columbia on Wednesday to force the tax agency to amend its rules on "social welfare" organizations.