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NEWS ABOUT: campaign fundraising

Obama Cranks Up the 2012 Money Machine

Donors asked to give $61,600 annually to DNC

(Newser) - Some of Barack Obama’s top operatives have embarked on a cross-country “listening tour,” pumping top donors for big 2012 donations, Politico reports. They’re asking donors who maxed out on donations to Obama and Hillary Clinton in 2008 to join a new “National Finance Council,”... More »

Clinton Donors Caught Up in Criminal Cases

Four cases, six defendants, $1.1M in contributions

(Newser) - A number of Hillary Clinton’s top fundraisers are now caught up in criminal cases, including Galen Capital Group Chairman William P. Danielczyk Jr., who was indicted last week. There are now four major federal cases involving six defendants who raised a total of more than $1.1 million for... More »

GOP Frosh: Screw Populism, Let's Throw Swank Party!

Furious John Boehner will not attend

(Newser) - John Boehner is not pleased with the kids: While the speaker-elect might prefer his caucus stick to the populist message that won them the House, on the eve of taking it over, a dozen freshman Republicans are throwing a lavish DC fundraiser headlined by LeAnn Rimes. For $2,500, Politico... More »

DeLay Verdict May Change Campaign Finance

Prosecutors expected to target corporate fundraising

(Newser) - Prosecutors—and politicians—around the country are paying close attention to Tom DeLay's conviction on money laundering charges . The former House majority leader was found guilty of funneling corporate cash to fellow Republicans, thereby violating Texas laws that ban companies from contributing to candidates' campaigns, and legal experts expect the... More »

Olbermann Donated to 3 Democrats

'Countdown' host appears to breach NBC ethics rules

(Newser) - Keith Olbermann donated $2,400—the maximum individual contribution—apiece to three Democrats before Election Day, apparently breaking NBC rules, Politico reports. The MSNBC host, who has acknowledged the contributions, gave to two Arizona representatives the day one of them, Raul Grijalva, stopped by his show (the other was Gabrielle... More »

Moaning Democrats Actually Outspending Republicans

Outside groups can't make up for party advantages

(Newser) - Democrats have been playing the financial victim lately, bemoaning the cash outside groups are throwing at Republicans. Which is kind of ironic, because the truth is that Democrats are outspending Republicans—even if you take those outside groups into account. Democratic campaign committees and left-leaning outside groups have spent a... More »

$2B House, Senate Races Smash Fundraising Record

Spending set to top $4M for each congressional seat

(Newser) - Fundraising records have been shattered as House and Senate candidates head toward the finish line, a Washington Post analysis of campaign finance data finds. House and Senate candidates have raised over $1.5 billion and total spending is on course to top $2 billion as hopefuls dig deep into their... More »

Public-Employees Union No. 1 Election Spender

1.6-million member AFSCME spends $87.5M on campaign

(Newser) - The American Federation of State, County, and Municipal Employees has become the biggest outside donor to the midterm elections, thanks to a last-minute push of funds to Democrats that brings its total election spending to $87.5 million, the Wall Street Journal reports. The organization, which boasts 1.6 million... More »

Boehner's Wall-Street Cash Bolsters Tea Party Hopefuls

House Minority Leader spreads business-backed wealth

(Newser) - John Boehner typically gets a healthy dose of campaign cash from Wall Street and blue-chip corporations, and this election season, he’s doling it out to tea party-backed hopefuls. The House Minority Leader has distributed $320,000 to 39 such candidates, suggesting a GOP “stamp of approval” for a... More »

O'Donnell to GOP: Hannity's 'in My Back Pocket'

Senate hopeful complains party leaving her in the cold

(Newser) - Feeling sorely underfunded, Christine O’Donnell has warned the GOP she has a secret weapon: She says she’s “got Sean Hannity in my back pocket, and I can go on his show and raise money by attacking you guys,” top Republicans tell Howard Fineman of the Huffington... More »

Move Over PACs, Here Come Super PACs

New weapon allows virtually unlimited spending on campaigns

(Newser) - Expect to hear the term "Super PAC" a lot between now and the midterms. As the Washington Post explains today, these fundraising committees are quickly becoming the norm in how modern campaigns are financed by interest groups. Thanks in part to the Citizens United court ruling, Super PACs are... More »

Angle: I Make a Ton of Money on Fox News

And Rush Limbaugh appearance turned into $236K, she boasts

(Newser) - Remember when Sharron Angle said she only wanted to talk to the media if it was a “ friend ”? Now we know why. At a house party this month, Angle was caught on tape bragging about how much money she could make off Fox viewers and Rush Limbaugh... More »

86-Year-Old Senator Gaga for Lady Gaga

Frank Lautenberg of New Jersey is a big fan

(Newser) - Have you ever wanted to hang out with an 86-year-old US senator while watching a 24-year-old dance around in bizarrely artsy stripper costumes? Then hurry, because tickets for “Senator Frank R. Lautenberg & Lady Gaga—The Monster Ball Tour” are almost sold out, according to an email sent to... More »

Whitman Spending Hits $99M

In what could be priciest gubernatorial race ever

(Newser) - Billionaire Republican Meg Whitman reported yesterday that she has spent more than $99 million in her quest to become California's governor, including $71 million just to win the Republican primary. Democrat Jerry Brown, who didn't have a serious primary opponent, has spent just $450,000, plus $324,000 in donated... More »

Rove Group's Only Donors: Billionaires

American Crossroads says it's a 'grassroots' organization

(Newser) - Need proof that the term “grassroots” has become a meaningless political buzzword? Karl Rove’s American Crossroads group, which has occasionally used the term, is funded almost exclusively by four billionaires, according to Salon . And two of the four made their money in the oil and gas industry. It’... More »

Wall Street Dumps Dems: Donations Down 65%

Upset about financial reform, banks keep their cash

(Newser) - Democrats are feeling the wrath of a financial sector scorned. Wall Street donations to the Democrats’ two congressional campaign committees are down 65% from the 2008 election cycle, the Washington Post reports. Big donors in general are staying away, giving just $49.5 million, compared to $81.3 million in... More »

Rove's Fundraising Group Pulls In Just $200

No, we're not missing any zeros

(Newser) - Remember that big scary “shadow RNC” Karl Rove and Ed Gillespie cooked up to lure the big GOP donors scared off by Michael Steele? It’s not going so well. The group, dubbed American Crossroads, raised just $200 last month, according to a report filed with the IRS—and... More »

Republicans Trounce Dems in Small Donors

GOP pulls in $70M in checks of $200 or less, to Dems' $44M

(Newser) - Republicans are cashing in the populist outrage they've helped stir up, raising more money from small donors than Democrats for the first time since 1998. GOP candidates have raised $70 million from small donors this year, compared to $44 million for Democrats, the Washington Post reports. That's still only 16%... More »

Rove Constructs 'Vast Right-Wing Conspiracy'

...by imitating Democrats

(Newser) - The Republican party's top operatives are quietly building a massive fundraising and organizing machine inspired by the one the Democrats used to sieze Congress and the White House. Headed up by Karl Rove and former party chair Ed Gillespie, the network of five connected groups is modeled after the "... More »

BP's Biggest Recipient of Cash: Obama

President tops the 20-year list with $77K

(Newser) - Much like the stain of its oil creeping across the Gulf of Mexico, BP's cash flowed freely to politicians inside the Beltway—to the tune of some $3.5 million over two decades, reports Politico in a look at where the oil giant's dollars went. Add to that the $15.... More »

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