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High Court's Jammed Term: Campaign Finance, Abortion

ObamaCare, affirmative action once again on docket

(Newser) - The Supreme Court begins its new term today, and once again, there are plenty of headline-grabbing cases on the docket, the New York Times notes. In fact, says an expert, "this term is deeper in important cases than either of the prior two terms." A number of court... More »

You've Never Heard of GOP's Biggest Money Machine

Freedom Partners spent $250M, and there are Kochs involved

(Newser) - The biggest single donor to conservative groups in the last election cycle was a group that, until today, was all but unknown. Freedom Partners spent $250 million in the 2012 race, according to a soon-to-be-filed tax document the group provided to Politico , more than any one group. All of that... More »

Think Small Donors Are Good for Politics? Think Again

Ezra Klein: They're making things worse by encouraging 'polarization' of parties

(Newser) - Quick, which makes for a healthier political system: big donors or small? Many would pick the latter, on the theory that ordinary citizens shelling out $25 apiece is far more noble than DC lobbyists writing fat checks. But at Bloomberg View , Ezra Klein makes the case that small donors might... More »

Supreme Court to Consider Campaign Donation Limits

Case challenges the limit on how much an individual can give

(Newser) - The Supreme Court will hear a challenge to a campaign finance law that limits how much an individual can give to political campaigns. The justices today decided to hear an appeal from Shaun McCutcheon of Alabama and the Republican National Committee. They're arguing that the "aggregate limit" is... More »

To Dump McConnell, Dems Sidle Up to Tea Party

They offer help backing right-wing 2014 challenger

(Newser) - As the Senate minority leader looks to 2014, he faces an odd couple out to beat him: Democrats and Tea Partiers. Groups like MoveOn and a Democratic super PAC, as well as individual donors, are offering Tea Party activists funding to bring in a right-wing challenger to Mitch McConnell. Come... More »

Zuckerberg's New Friend: Chris Christie

Facebook founder to hold fundraiser for New Jersey governor

(Newser) - Mark Zuckerberg will host a fundraiser for Chris Christie next month, in perhaps the Facebook founder's most overt display of his political leanings to date. Zuckerberg and Christie apparently hit it off when Zuckerberg donated $100 million to Newark's school system, USA Today reports. "They have maintained... More »

It Was Indeed a $2B Election

Obama outspent Romney in final days

(Newser) - The country's first $2 billion election is in the books. The fundraising reports have been filed with the Federal Election Commission, and here's the tally: Obama with $1.123 billion, to Romney's $1.019 billion. Politico and the AP break down the numbers:
  • There was a rash
... More »

Already? 2016 Hopefuls Buddy Up to Big Donors

Plus: Adelson donated way more than first reported

(Newser) - The race for giant 2016 campaign sugar daddies is on. Already, potential GOP presidential contenders Govs. Bobby Jindal, John Kasich, and Bob McDonnell have met with casino owner Sheldon Adelson , who spent big on Republican efforts this year. Meanwhile, Democrats Joe Biden, Maryland Gov. Martin O'Malley, and Virginia Sen.... More »

Mystery Firm Donates Record $5.3M to GOP PAC

Biggest corporate donor of 2012 cycle

(Newser) - A somewhat murky outfit called Specialty Group has become the election's biggest corporate donor, handing $5.3 million to a conservative super PAC over the course of 10 days last month. But that's about all anyone knows about the company, founded just a month ago and based in... More »

Costliest Election Ever: $1B for Each Camp

Obama already hits mark, and Romney is just behind

(Newser) - By the time Election Day rolls around, both President Obama and Mitt Romney will have raised more than $1 billion—making this presidential race the costliest ever seen. Yesterday's financial disclosures reveal that as of Oct. 17, Obama and the Dems had raised $1.06 billion since the start... More »

Walmart Heir Gives Surprise $300K to Obama PAC

The Waltons are famously conservative

(Newser) - Expect the next Walton family reunion to be awkward: Samuel Rawlings Walton, grandson and namesake of the late Walmart founder, recently gave a $300,000 donation to a pro-Obama super PAC, reports the Washington Post . His grandfather was a well-known conservative, and several other Waltons have given big bucks to... More »

New Poll: Romney Leads Obama 49%-47%

GOP ahead $46B in cash race

(Newser) - After an NBC poll found a tie at 47% yesterday, a Politico-George Washington University tracking poll today offers a different take on the presidential race that has Mitt Romney leading President Obama 49% to 47% nationally. It's the first time since early May that Romney has led in the... More »

Best Month Yet: Obama Gets $181M in September

It's the most of either campaign so far this year

(Newser) - A little more balm for Team Obama's debate wounds: The campaign pulled in $181 million in contributions in September, the highest monthly total for either side this election, reports the Wall Street Journal . Mitt Romney's campaign hasn't released its numbers yet. The big haul reflects the usual... More »

At Long Last, Dems Giving to Super PACs

But they've got a long way to go to match GOP

(Newser) - After the Supreme Court paved the way for super PACs, many Democrats were uncomfortable with the idea of limitless political spending—but as Republican-backing groups rake in the cash, it seems reluctant Democrats are coming around. As of the beginning of September, more than 40 donors had given at least... More »

Obama: What Jay-Z and I Have in Common

President touts friendship with 'J and B' at fundraiser

(Newser) - At a fundraiser hosted by Jay-Z and Beyonce last night, President Obama noted that he and the rapper have a lot in common. What, they're both fans of 18-foot champagne towers ? Not exactly. "We both have daughters and our wives are more popular than we are,"... More »

Romney Campaign $11M in Debt

Primary dough dried up as he waited to tap into general election bucks

(Newser) - The Mitt Romney campaign borrowed $20 million last month, and is still $11 million in debt, reports the National Review. The campaign borrowed the money to cover expenses while waiting to tap into tens of millions of dollars in general-election funds, which it could not do until Romney was officially... More »

At Jay-Z's Obama Soiree: $280K Champagne Tower

350 of the $800 bottles are stacked in 'breathtaking' piece

(Newser) - President Obama will raise $4 million tonight in true "Big Pimpin'" fashion. Yes, Jay-Z and wife Beyoncé are hosting a New York fundraiser for the prez tonight, and it will feature a modest little 18-foot tower of champagne. Specifically, Armand de Brignac champagne, the $800-a-bottle, gold-labeled brand served... More »

First Time Since April: Obama Outraises Romney

Pulls in $114M to Mitt's $111M

(Newser) - President Obama's campaign outraised Mitt Romney's in August, marking a first since the spring. Obama raised $114 million, just squeaking by Romney's $111 million, Reuters reports. It's a small gap compared to July, when Romney's $101 million dwarfed Obama's $75 million. But Obama's... More »

Rahm 'Quits' as Obama Chair to Raise Cash

As reports indicate Romney has raised $100M again

(Newser) - Rahm Emanuel is officially resigning his role as an honorary Obama campaign chairman so that he can kickstart a major fundraising initiative to win big-money contributions for Democrats around the country, the Washington Post reports. Emanuel was a renowned fundraiser before running for office, and was one of the first... More »

Obama Campaign: We Have More Donors Than 2008

Obama 2012 boasts 3.1M donors, though Romney leads in cash

(Newser) - President Obama may not be able to recapture 2008-levels of voter fervor, but he's managed to get even more donors on board this time around. The campaign says there have been 3.1 million donors this cycle, compared to 3 million in 2008, ABC reports. Three women have donated... More »

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