Political Capital

Posts tagged: campaign finance

Anthony Batri, from Largo, Fla., unfurls banners as preparations are made ahead of the Republican National Convention in Tampa, Fla., on Aug. 25, 2012.

Photograph by Dave Martin/AP Photo

Anthony Batri, from Largo, Fla., unfurls banners as preparations are made ahead of the Republican National Convention in Tampa, Fla., on Aug. 25, 2012.

Raising Money With Fishing Trips, Shooting Contests

When Texas Representative Mike Conaway goes fishing during the Republican National Convention this week, he’s also looking to reel in piles of cash for his leadership political action committee. AT&T Inc. is reaching out and touching lawmakers, hosting receptions for...

Read more »

Locals walk past a Pakistani policeman guarding an entrance to the compound where Osama Bin Laden was killed in an operation by U.S. Navy Seals in Abottabad, Pakistan.

Photograph by Warrick Page/Getty Images

Locals walk past a Pakistani policeman guarding an entrance to the compound where Osama Bin Laden was killed in an operation by U.S. Navy Seals in Abottabad, Pakistan.

Ex-Military Group Challenges Obama for Leaks, ‘Politicizing’ Bin Laden

An ex-military force with Republican ties is advancing into the presidential election campaign — with plans for ground and air assaults on President Barack Obama’s re-election campaign. Special Operations OPSEC Education Fund yesterday unveiled a Web site and a 22-minute film...

Read more »

New York State Attorney General Eric Schneiderman

Photograph by Fred R. Conrad/The New York Times via Redux

New York State Attorney General Eric Schneiderman

Tax-Exempt Political Groups Probed by NY Attorney General

Tax-exempt nonprofit groups account for some of the biggest, yet most mysterious, spending in the presidential election. And now they’ve attracted the attention of New York’s attorney general. Eric Schneiderman, a Democrat, has asked two dozen nonprofits to explain how...

Read more »

Supporters at a Mitt Romney event in Golden, Colo., on Aug. 2, 2012.

Photograph by Matthew Staver/The New York Times via Redux

Supporters at a Mitt Romney event in Golden, Colo., on Aug. 2, 2012.

Team Romney Wins Money Race For Third Month

Republican presidential challenger Mitt Romney and his Republican allies have out-raised President Barack Obama and the Democrats for a third consecutive month. The campaigns reported their July fundraising numbers this morning: $101.3 million for Romney Victory and more than $75...

Read more »

George Soros, founder of Soros Fund Management LLC.

Photograph by Simon Dawson/Bloomberg

George Soros, founder of Soros Fund Management LLC.

Billionaire Democrats? They Do Exist

Wealthy donors whose net worth begins with a “B” and whose politics are “D” have emerged. A trio of billionaires contributed more than $3 million in June to a super-PAC supporting President Barack Obama. Their checks accounted for half of...

Read more »

The Internal Revenue Service (IRS) building in Washington.

Photograph by Andrew Harrer/Bloomberg

The Internal Revenue Service (IRS) building in Washington.

IRS ‘Will Consider’ Changes for Tax-Exempt Groups in Politics

The Internal Revenue Service will consider changing the regulations governing non-profit “social welfare” groups that are buying millions of dollars in television ads to try to influence the presidential election and other races. A three-paragraph letter dated July 17 represents the first...

Read more »

A protester against the Supreme Court ruling on healthcare on June 28, 2012.

Photograph by Saul Loeb/AFP/Getty Images

A protester against the Supreme Court ruling on healthcare on June 28, 2012.

Romney Reports Cash Infusion: $1 M

Updated at 2 pm and 2:30 pm EDT Mitt Romney supporters opened their wallets immediately following today’s Supreme Court decision upholding the core of President Barack Obama’s health-care law, according to the Republican candidate’s campaign. By 11:30 a.m., less than...

Read more »


A President Barack Obama supporter in Des Moines, Iowa.

Photograph by Jewel Samad/AFP/Getty Images

A President Barack Obama supporter in Des Moines, Iowa.

Bloomberg by the Numbers: $240 M

That’s how much super-political action committees have raised thus far in the 2012 election cycle, according to the Center for Responsive Politics, a nonpartisan group in Washington that tracks political giving. Super-PACs grew out of a series of regulatory and...

Read more »

Donations to the Orange County Liberty Counsel in Florida.

Photograph by Chip Somodevilla/Getty Images

Donations to the Orange County Liberty Counsel in Florida.

Supreme Court Doubles the Money

If there was any doubt about the Supreme Court’s stance on Citizens United — the ruling that opened a floodgate of big donations to political campaigns — that was removed today. Without even holding any arguments on the case, the...

Read more »