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NEWS ABOUT: campaign contributions

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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 »

McCain, Obama Clash Over Campaign Funds

McCain puts Obama's public funding pledge in the spotlight

(Newser) - John McCain is baiting Barack Obama over campaign finance, the New York Times reports. Obama pledged last February that he would accept public financing—which comes with spending limits—if he became the Democratic nominee and his Republican opponent did likewise. He hasn't recommitted and GOP front-runner McCain is wondering... More »

Obama Expects to Rake in $30M This Month

Half of record January millions were donations under $200

(Newser) - After hauling in an epic $32 million in contributions in January, Barack Obama is expecting a near record-busting $30 million in donations this month. Even more striking, the candidate for change seems to raise most of his money in just that—change. Half of January's yield came in online contributions... More »

Edwards' New Plan: Outlast 'Celebrity Candidates'

Hopeful lays out new strategy and boasts of January funding increase

(Newser) - John Edwards may be running third among Dem hopefuls, but he vowed to stay in the race today with a new long-term strategy, the Chicago Tribune reports. He plans to roll online donations into ad campaigns in Super Tuesday states and a dozen others—including "red" ones—until the... More »

Video Game Industry Reaches Boss Level

Industry chiefs aim to get more of a say in Washington

(Newser) - The video game industry has grown up and is going to start putting some quarters into Washington, the New York Times reports. Game makers have formed their first political action committee and will soon start making campaign donations to candidates, in hopes of steering more of them to the industry's... More »

Clinton/Obama Question Splits Labor Unions

Dems worry base too bitterly divided to unite behind single nominee

(Newser) - Labor unions are the foundation of any Democratic campaign, but that foundation in the '08 race remains clearly split between Hillary Clinton and Barack Obama, the LA Times reports. Both have fervent support among different unions, and tension within the party is running high, raising fears that the base won't... More »

Dem Donations Hit Record High

Clinton, Obama 2007 totals top $100M

(Newser) - The race for the presidency is crowded, but that isn't stopping candidates from raising huge sums of money, the Washington Post reports. The power of the internet to raise cash from both grassroots supporters and wealthy donors is credited with helping Hillary Clinton and Barack Obama raise over $100 million... More »

In Shift, Clergy Gives More Dollars to Dems

Donations favor Obama, Clinton over Huckabee

(Newser) - In a shift from 2004, Republican presidential and congressional hopefuls are losing clergy support as measured by campaign donations, Politico reports. According to FEC data, clergy and religious groups have given Dem candidates $367,000 but the GOP just $288,000. Of the Dem haul, Barack Obama leads with $107,... More »

Interest Groups Gain in Cash —and Influence

As party $$$ dips, issue $$$ rises; will further polarize 2008 election

(Newser) - The swift-boating of John Kerry was only the first wave—election spending by groups unaffiliated with the major political parties nearly tripled between 2000 and 2006, the Wall Street Journal reports, to 19% of the total. And the so-called "527" groups, which don't have to disclose their donors, are... More »

Giving Goes Both Ways for Huckabee

Arkansans who gave often received posts from governor-turned-GOP candidate

(Newser) - For Mike Huckabee, the season of giving lasts all year long, Politico reports. An analysis of records from Huckabee's tenure as Arkansas governor showed that he accepted more than 90 gifts  from 21 Arkansans he later appointed to state posts. And those people kept giving: they contributed more than $161,... More »

Cash-Poor GOP Taps Rich Candidates

BYOBankroll, party tells aspiring legislators with fat wallets

(Newser) - Suddenly losing the fundraising race, House Republicans are recruiting wealthy candidates to run for vulnerable seats next year, the Times reports. With $2.5 million on hand—compared to $29.2 in Dem coffers—the GOP is grooming candidates in competitive districts. Fourteen Republicans have already invested over $100,000... More »

Anti-Obesity Ad Tap-Taps Craig's Bathroom Tryst

Anti-obesity campaign says Senators are on the 'gravy train'

(Newser) - “It’s their dirty little secret,” the commercial's voiceover says, as a well-dressed man taps his foot in a bathroom stall. And though Larry Craig’s name is never uttered, his airport indiscretion is obviously the latest target of an unlikely source—childhood obesity advocates knocking congressmen who... More »

‘Bundlers’ Rake In Cash, Harbor Ethics Gaps

Candidates’ biggest spenders launder money and break laws

(Newser) - "Bundlers"—political fundraisers who solicit other donors to give—are a standard feature of the presidential race, and many remain favored by major campaigns despite unethical and even illegal conduct. The Post spotlights questionable rainmakers in the Norman Hsu scandal aftermath, including one Hillary donor who gave $160,... More »

Hsu's Life Spent on the Run

Fallen Dem fundraiser's past checkered with bankruptcies, fraud, a kidnapping, and more

(Newser) - Fallen and fugitive, Norman Hsu was disowned last week by the very Democrats who thrived on his mysterious largess when details of a 1992 grand theft charge emerged. But the Journal reports that charge wasn't unique to a man whose past is filled with bankruptcies, sketchy investments, a string of... More »

Feds Probe Hsu for Using Mail Carrier's Family

Fundraiser may have funneled donations through others

(Newser) - The Feds are probing claims that top fundraiser Norman Hsu used a mail carrier and his family to donate to the Dems, the Wall Street Journal reports. Officials suspect that Hsu reimbursed the family for their donations, which were similar in amount and timing to Hsu’s. Hsu denies the... More »

Romney Has Major Stake in Sinking Fund

Candidates in both parties could see big donations dry up

(Newser) - Former Massachusetts  Governor Mitt Romney has a substantial investment in a teetering Goldman Sachs hedge fund that was propped up with a $3 billion cash infusion after it lost a third of its value. Romney, who won a symbolic victory in Iowa's GOP straw poll last weekend, is thought to... More »

Fake Obama Group Keeps Donations

Impostor organization says it never misled supporters

(Newser) -  "Californians for Obama"  has raised thousands of dollars, but the candidate hasn't seen any of it. In fact, the group isn't affiliated with Obama, the San Francisco Chronicle reports, and most of the dough has gone to founder Emmett Cash. Because the group's website doesn't claim an... More »

MySpace Opens Up to Donations

60 million users eying presidential hopefuls will raise News Corp.'s profile

(Newser) - Rupert Murdoch's News Corp. is entering the online political scene in a very significant way with a tool that will allow 60 million MySpace users to donate up to $500 to the presidential candidate of their choice, reports the Financial Times. News Corp. has yet to make a decision, reports... More »

Hillary Tied to Shady Donor

Lawsuit againt CEO reveals ethically questionable contributions

(Newser) - The CEO of infoUSA, a large consumer information broker, has given Bill and Hillary Clinton almost $3 million over the past four years. But a recent legal dustup between Vinod Gupta and his company's shareholders over extravagant spending and political donations is revealing a relationship with the Clintons that, according... More »

Big Business Turns Blue

Companies fill Dems' war chests, seeking traction with ruling party

(Newser) - Corporate America is shifting campaign contributions from GOP soulmates to Democrats, eager to bond with new legislative gatekeepers. Coffers aren't swelling across the board, though; a Wall Street Journal analysis shows pro-business Dems are pulling in most of it. General Dynamics, Honeywell International, Home Depot. and Aflac are among those... More »

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