June 25, 2011 |
President Obama's reelection team has launched an invigorated effort to draw money from wealthy donors, buttressing the campaign against a potential decline in contributions from the everyday supporters who helped fuel his massive take in 2008. A new program called Presidential Partners asks supporters to commit $75,800 to the Obama Victory Fund, a joint project of the campaign and the Democratic National Committee. That would put Democratic contributors at the maximum they are allowed to give national party committees for the entire 2012 cycle — leaving then unable to donate to the party's congressional fundraising entities.
September 21, 2012 |
WASHINGTON - In the escalating money race for the White House, Mitt Romney was supposed to have an advantage: a cavalry of outside groups that could collect unlimited sums and flood the airwaves with advertisements on his behalf. "Super PACs" such as the pro-Romney Restore Our Future and nonprofit groups like Crossroads GPS lambasted President Obama on air as early as last winter and will probably continue until election day. FOR THE RECORD: Campaign money: An article in Section A on Sept.
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.
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.
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.
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.
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.