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NEWS ABOUT: campaign funds

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Romney Hauls In $24M in Best Quarter Yet

And all those donors are free to give to him again

(Newser) - If Mitt Romney fans wanted even more good news today, here it comes: The frontrunner raised $24 million in the fourth quarter of 2011, his best total yet, bringing his yearly total up to $56 million—of which $19 million is still on hand, the campaign announced today. The LA ... More »

Edwards Seeks Trial Delay

Lawyers say former candidate has undisclosed medical condition

(Newser) - John Edwards is suffering from an undisclosed medical condition and will be too sick to stand trial next month, his lawyers say. The former presidential candidate's attorneys filed a motion seeking to have the trial, which was due to begin Jan. 30, pushed back another 60 days, ABC reports.... More »

Special Interests Control Our Judges

Campaign cash compromises their integrity: Adam Cohen

(Newser) - It’s not just legislative and executive elections that are unfairly influenced by big money. America needs to wake up to the power of special interests in judicial elections, writes Adam Cohen in Time . A new study sees “big business, corporate lobbyists, and trial lawyers” spending cash to get... More »

Weiner Campaign Still Spending Cash

Spent $130K just after resignation—and he's not the only one

(Newser) - In the three months after he resigned, Anthony Weiner spent $130,000 in campaign funds, FEC data shows—more than what most current US representatives from New York City spent over the same period, the Hill reports. Some $10,000 went to travel, $25,000 to consulting and “policy... More »

Cain's Campaign Buys $86K of His Own Books

Campaign paying own foundation for autobiography

(Newser) - Herman Cain’s campaign has spent $86,523 buying copies of the candidate’s autobiography and other books—and it’s buying them from Herman Cain THE New Voice, Cain’s own motivational speaking company. “They are buying my books and my pamphlets,” Cain confirmed for Bloomberg, but... More »

Feinstein Also Hit by 'Madoff of Campaign Treasurers'

Senator the highest profile victim yet for alleged fraudster Kinde Durkee

(Newser) - Dianne Feinstein says her campaign was one of those ripped off by allegedly an fraudulent Democratic campaign treasurer Durkee, she tells the LA Times . Kinde Durkee was arrested on fraud charges two weeks ago, with California Reps. Loretta Sanchez and Susan Davis listed among her alleged victims; Davis dubbed her... More »

Time to Stem Tide of Special Interest Campaign Cash

Special interest groups 'distort elections': Alan Simpson

(Newser) - In 2010, special interest groups and lobbyists in Washington alone gave nearly $300 million to political candidates—"more than the donations of 32 states combined," notes Alan Simpson, writing for Politico . And 2012 is sure to be worse, unless we do something about it—now. Special interest money... 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 »

Dems Slam 'Front Groups'—Then Use Them

Nonprofits' secret donors help fund negative ads

(Newser) - Democrats have hammered Republican “front groups” for paying for negative ads with secret cash—but they themselves are employing a similar maneuver, using money from nonprofits who don’t release their donors’ names to fund their own advertising, reports MSNBC . Dems are thus following Republicans’ lead in using a... 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 »

Christine O'Donnell to GOP: Hellllllllp!

Also, you want to fight?

(Newser) - Christine O'Donnell continued her strange tango with the Republican Party today, appearing on ABC to apparently kick the NRSC in the shins, while simultaneously asking it to open up its wallet. "We're hoping that the National Republican Senatorial Committee will help us. But it's two and a half weeks... 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 »

O'Donnell: Using Campaign Funds on Rent Is Fine

Candidate blames 'liberal front group' for ethics complaint

(Newser) - Christine O'Donnell believes using campaign funds to pay rent on her home is "ethical." She made the comment in response to complaints filed by the Citizens for Responsibility and Ethics in Washington, which is charging that she treated campaign funds like a personal ATM. The complaint from CREW,... 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 »

Campaign Ruling Is a Bombshell—or Not

Washington is 'hyperventilating,' but the impact may not be that profound

(Newser) - Most of the reaction to the Supreme Court's ruling on campaign spending presents it as a bombshell that will open the spigots of corporate and union coffers and radically change how races are run. Today's New York Times , for instance, notes that the ruling calls into question laws in no... More »

Whitman, Poizner Pour Cash Into California Primary

But neither of them is even leading the GOP slugfest for gov

(Newser) - A pair of super-rich Republicans are ladling millions of their own dollars into the California gubernatorial primary, even though they’re both behind in the polls. This week Steve Poizner pulled $15 million out of his wallet for his run at the governor’s office, the San Francisco Chronicle reports,... More »

Edwards '08 Legal Tab in Oct. '09: $43K

Ex-candidate racks up more than $43,000 in October

(Newser) - It’s been almost two years since John Edwards ended his presidential bid, but his campaign still managed to rack up $43,574 in legal fees last month, thanks to the ongoing fallout from the Rielle Hunter revelations. And that’s not even half the $96,000 the not-exactly-defunct campaign... More »

Bloomberg Wins 3rd NYC Term

$100 million of own money keeps independent on top

(Newser) - Michael Bloomberg has won a third term tonight as New York’ mayor, outdistancing Democrat William Thompson in a race that saw the incumbent spend an estimated $100 million of his personal fortune—the largest sum in US history. Bloomberg won by nearly 20% in 2005, but early returns showed his... More »

Pols-Turned-Lobbyists Use Campaign Cash to Curry Favor

Turn donations into 'political slush fund'

(Newser) - When congressmen leave Capitol Hill for lobbying jobs, they take their unused campaign funds with them, then dole them out to other lawmakers to influence policy, USA Today reports. Such donations are legal—federal law permits ex-congressmen to keep campaign accounts active, donating the money to candidates, parties, and charities—... More »

Edwards' Mistress Appears Before Grand Jury

Proceedings are secret, but likely have to do with campaign funds

(Newser) - Rielle Hunter, former galpal and rumored babymama of John Edwards, arrived at the Raleigh federal courthouse with her daughter this morning to appear in front of a grand jury, the News & Observer reports. Hunter’s video production firm was paid $100,000 for work on Edwards’ presidential campaign, and... More »

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