Soros: $1 M for Obama-Backing Super-PAC

Photograph by Akos Stiller/Bloomberg

George Soros, founder of Soros Fund Management LLC, in Budapest, Hungary, on Thursday, Sept. 13, 2012.

Investor George Soros, a long-time donor to Democratic candidates and causes, has agreed to contribute $1 million to the super-political action committee run by former aides to President Barack Obama.

Two officials of Priorities USA Action confirmed the donation.

Priorities USA Action reported raising $10.1 million in August, the first month it surpassed Restore Our Future, a super-PAC backing Republican challenger Mitt Romney that brought in $7 million.

Soros’ $1 million donation to Priorities USA Action will mark his third seven-figure contribution this year. In May, he said he would give $1 million apiece to American Bridge 21st Century and $1 million to America Votes. American Bridge is a research group that targets Republican candidates, and America Votes is a coalition that includes unions, environmentalists and women’s groups.

He contributed $23.7 million to pro-Democratic groups and political organizations in 2004, more than any other donor, according to the Center for Responsive Politics, a Washington- based research group.

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