political fundraising

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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...

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...

It Was Indeed a $2B Election
 It Was Indeed a $2B Election 
final numbers

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
...

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....

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...

New Poll: Romney Leads Obama 49%-47%



 New Poll: Romney 
 Leads Obama 
 49%-47% 
PLUS, GOP WINNING CASH RACE

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...

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...

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,"...

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...

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...

Romney&#39;s Cash Edge: $62M
 Romney's Cash Edge: $62M 

Romney's Cash Edge: $62M

Democrats raising less, spending more than Republicans

(Newser) - Mitt Romney widened his financial edge over President Obama last month, raising more and spending less as super PACs did much of his dirty work. The Obama campaign and DNC raised a combined $75 million in July, but spent $91 million, the New York Times reports. About $40 million of...

Ryan Not Exactly a Cash Cow for Romney

He may have inspired a lot of new donors, but they haven't given much: analysis

(Newser) - The Romney campaign would like you to believe that picking Paul Ryan as the VP candidate has resulted in a flurry of enthusiastic donations to his cause. The campaign today announced that Romney has raised $10,157,947 online since unveiling his running mate, Politico reports. But Alexander Abad-Santos writes...

Obama Rings Hollywood&#39;s Cash Register for $2.3M
Obama Rings Hollywood's Cash Register for $2.3M
POSH FUNDRAISER

Obama Rings Hollywood's Cash Register for $2.3M

President attends Conn. fundraiser with Anne Hathaway, Aaron Sorkin

(Newser) - President Obama was again feted by Hollywood VIPs last night, from Jerry Springer to Anne Hathaway, but this time Hollywood came to his coast for a Connecticut fundraiser. Harvey Weinstein hosted the fundraiser at his home, and the 60 attendees—who paid $38,500 each—also included Aaron Sorkin, Joanne...

For 2nd Straight Month, Romney Breaks $100M Mark
For 2nd Straight Month,
Romney Breaks $100M Mark
fundraising

For 2nd Straight Month, Romney Breaks $100M Mark

Raises $101.3M in July

(Newser) - Mitt Romney set a fundraising record when he broke the $100 million mark in June—and last month, he hauled in a very notable amount once again. His campaign and the Republican National Committee broke the $100 million mark for a second time, bringing in $101.3 million, Politico reports....

Campaigns Basically Spamming Donors

Deluge of campaign emails comes off as 'panicked'

(Newser) - It might be time to relegate Barack and Mitt to your spam folder. Both 2012 presidential campaigns have latched on to email and social media as successful ways to garner donations, but the frequency of such messages may be getting on some supporters' nerves, reports the Washington Post . The Obama...

Obama Raises $5K ... From Himself

Publicly makes his first donation to 2012 war chest

(Newser) - The Obama campaign has a lot less money in the bank than Mitt Romney's, but it's gotten a little bit of help from a guy called Barack. The president made a $5,000 online donation to his campaign this week and his campaign released a video of him...

Mystery Donor Gives Away $900K and Vanishes

James Williams did it all from his little apartment

(Newser) - How can a small apartment in Queens, New York, be the source of nearly $900,000 in political donations? This odd center for financial activity is the home of 64-year-old James Williams; not much is known about him except that he's reclusive, he walks with a cane, and he...

Record for Biggest Super PAC Haul Goes to ... Romney

Restore Our Future raises $20M to pro-Obama group's $6M

(Newser) - Obama supporters have their work cut out for them: In June, pro-Mitt Romney super PAC Restore Our Future raised $20 million, a rep tells the Washington Post . That's a record for any super PAC. Meanwhile, the pro-Obama Priorities USA Action set its own best mark last month—with just...

Romney's New Fundraising 'Star': Dick Cheney

Romney tries to appeal to GOP base with controversial ex-VP

(Newser) - Mitt Romney hasn't exactly snuggled up to the George W. Bush administration—he's made a point of avoiding even mentioning Dubya's name, usually referring to him only as Obama's "predecessor," for example—but he's not going to let that stand in the way...

Romney to Rich Donors: 'I'm Not Worried About You Guys'

Says he's more worried about poor, middle class

(Newser) - Overheard in the Hamptons: Mitt Romney telling wealthy campaign donors that "if you’re here, by and large you’re doing just fine." Romney told supporters at the fundraiser that he wasn't too worried about them, or himself; instead, "I spend a lot of time worrying...

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