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NEWS ABOUT: campaign contributions

Obama Gives Stanford Money to Charity

Alleged fraud artist donated to many pols, including McCain

(Newser) - Barack Obama has donated the $4,600 in campaign contributions he received from R. Allen Stanford to charity, the LA Times reports. Obama is one of many politicians the alleged fraudster courted; another was John McCain, who promised yesterday that he too would return or donate the funds. Stanford was... More »

Google Will Have the President's Ear

Company may capitalize on the benefits of backing a winner

(Newser) - Google may be the company that needs to do the least searching for influence with the new president, reports the Los Angeles Times. The company was one of the biggest contributors to Barack Obama's candidacy, and four Google execs were on the transition team. The search giant's agenda—widening high-speed... More »

Obama Will Give Aunt Her Money Back

'Auntie Zeituni' found to be living illegally in US

(Newser) - Barack Obama’s campaign will return donations made by his aunt, who was outed yesterday as an illegal resident in the US, the Washington Post reports. Zeituni Onyango, the half-sister of the candidate’s late father, lives in a Boston public housing unit and gave $265 to her nephew’s... More »

Get the Most Bang for Your Activist Buck

(Newser) - There are a scant 27 days left to dedicate your blood, sweat, and tears to your candidate of choice. But some activists' moves are better than others. Christopher Beam runs down the best way to put your limited resources to good use in Slate: Got time to kill?
  1. Knock on
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Goldman Sachs Is DC's Top Sugar Daddy

$43M since '89 on lobbying, donations greases bailout wheels

(Newser) - Goldman Sachs has given Washington plenty of reasons to help it out—43 million reasons, to be precise. Goldman bankers have been the nation’s biggest campaign contributors this year, and have poured more than $43 million into lobbying and campaign war chests since 1989, ABC News reports. “They... More »

The Long Island Rabbi Who Toppled Olmert

Close friend or just another donor, Talansky was key player in Israeli PM's downfall

(Newser) - Morris Talansky counted Ehud Olmet as a true friend, and he says his devotion was returned. The nature of the longstanding relationship between the Long Island rabbi and the Israeli prime minister varies according to who’s describing it, Steve Fishman writes in New York. But what everyone agrees on... More »

Obama Pulls in Record $66M in August

(Newser) - Barack Obama raised more than $66 million in August, besting his past fundraising record and pulling in the best monthly tally in US political history, says an aide. Topping February's $55 million, the take "demonstrates how the increasingly heated, nasty race has energized Obama's fundraising," writes Ben Smith... More »

Lawmakers Get Most Funding From Outside Districts

'Nonresident contributors donate for expressive purposes,' study shows

(Newser) - Candidates running for Congress are increasingly using affluent ZIP codes outside their own districts as "political ATM machines" to fund their campaigns, a new study finds. In the majority of House races in 2004, almost three-quarters of contributions came from donors outside a lawmaker's district—often from Hollywood, Manhattan's... More »

Sports Owners Put Their Money on McCain

GOP candidate raising far more than Obama from team honchos

(Newser) - Hollywood money may be filling Barack Obama’s coffers, but sports-owners’ cash is overwhelmingly going to John McCain. The presumptive GOP nominee has raked in $3.2 million raised or donated by sports owners, while Obama has drummed up only $615,000, Politico reports. Even in Chicago, Obama’s hometown,... More »

McCain Raises $27M in July

Biggest one-month total for Senator since primaries

(AP) - John McCain raised $27 million in July, his largest one-month fundraising haul since clinching the nomination, while the Republican National Committee brought in nearly $26 million. "Our fundraising continues to be very healthy," Rick Davis, McCain's campaign manager, said in a conference call with reporters, noting that July... More »

Exec: I Was Fired for Not Donating to Mitt

CEO asked employees to give; denies man lost job over refusal

(Newser) - An ex-executive with a Chicago-based consulting group has filed an employment bias complaint, alleging that he was fired in part for his refusal to donate to Mitt Romney’s campaign, the Wall Street Journal reports. The complaint offers a rare glimpse into the machinery of corporate donations. In emails seen... More »

Housing Industry Funnels Cash to Lawmakers

Campaign contributions soar compared to 2006

(Newser) - The housing industry has given more campaign cash to lawmakers and political parties this election cycle than it gave through the entire 2006 cycle, the Wall Street Journal reports, as an emergency housing bill containing favorable provisions for the industry has been working its way through Congress. Cash has flowed... More »

Lobbyists to McCain: Gee, Thanks, Traitor

Loyal donors kicked to curb as candidate burnishes image

(Newser) - John McCain has been purging his campaign of lobbyists, which has left more than a few feeling betrayed. These are the people, after all, who stuck through McCain when his primary chances looked grim, and kept his campaign financially above water. “If it was OK to have these people... More »

Spitzer Makes Amends—With His Donors

Disgraced NY gov refunds campaign contributions for 2010

(Newser) - Eliot Spitzer had $2.9 million in the bank for a presumed reelection campaign, but the disgraced New York governor has done something rather uncommon for politicians: offered a refund. An email obtained by the New York Post reports that Spitzer will return what remains in his campaign coffers to... More »

Clinton Camp May Need Another Loan

As donations flag, strapped campaign must cut spending

(Newser) - Hillary Clinton's loss of momentum is taking a tangible toll on her ability to raise—and spend—money, leaving her campaign even more strapped for cash at a time she needs to pull out all the stops, the New York Times reports. Advisers say that Clinton is prepared to shell... More »

Clinton Lent Campaign $6.4M in Past Month

Democratic contender puts money where her mouth is

(Newser) - Hillary Clinton injected $6.4 million of her own money into her presidential campaign over the past month, a senior aide tells the AP. That donation more than doubles the amount Hillary has lent her campaign so far.  But despite the personal largesse—$11.5 million so far—and... More »

Clinton Plea Raises $10M

60,000K go online after Pennsylvania victory speech

(Newser) - The Clinton campaign has raised nearly $10 million since Hillary made a plea to voters last night in her Pennsylvania victory speech, Reuters reports. Clinton urged supporters to contribute through her website, and she struck a chord with 60,000 donors, campaign chief Terry McAuliffe said. It's the single biggest... More »

Dems in Dead Heat for Hollywood Dough

$300 in contributions separates Clinton, Obama

(Newser) - The Democratic presidential candidates are in a neck-and-neck race for donations from Hollywood. Less than $300 in contributions from the entertainment industry separates Barack Obama and Hillary Clinton, reports the Los Angeles Times. Both boast just short of $3 million in Tinseltown cash. But John McCain has only shaken loose... More »

Clinton Ends Feb. $8.7M in Debt

Aides explain much of it as paperwork matter

(Newser) - Hillary Clinton had $8.7 million in debt at the end of February, including roughly $300,000 in unpaid health insurance invoices for her staff and $3,100 from her own high school alma mater, where she held a campaign event. Barack Obama notched only $625,058 in debt, reports... More »

Dem Donations a Nightmare for GOP

Obama, Clinton cash flow makes McCain's look like a trickle

(Newser) - Republicans may be enjoying the death match between Barack Obama and Hillary Clinton, but likely not the phenomenal fundraising of the Democrats.  "I look at the Barack Obama campaign in some horror," the GOP national treasurer tells AP, citing Obama's $50-million take in February, along with Clinton's... More »

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