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Friday, December 3, 2010

Pair of conservative groups raised $70 million in midterm campaign

Washington Post:
"A pair of conservative groups founded with the help of Republican political guru Karl Rove raised more than $70 million since their inception last spring, making them the undisputed leaders of an onslaught of outside spending on 2010 House and Senate races, according to new disclosures Thursday.

American Crossroads, a 'super PAC' that can raise and spend as much money as it wants, took in nearly $28 million in donations, weighted heavily with large contributions from financiers, oil tycoons and other wealthy individuals, according to filings with the Federal Election Commission."

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