Dozens of donors give millions to super PACs
More than 30 people dropped more than $1 million apiece this year on super PACs closely aligned with President Obama and Republican Mitt Romney, campaign finance records show.
As the campaign enters its final, frenetic month, big-money donors can expect another call or two, asking whether they can spare a little more, said Gerald Shuster, political communications professor at the University of Pittsburgh.
Priorities USA Action and Restore Our Future — super political action committees that ostensibly are independent but are run by former aides of Obama and Romney, respectively — racked up more than $50 million in 2012, just from people who gave $1 million or more. Under federal law, the super PACs can accept unlimited donations.
“They operate under the old fire department axiom that it's better to have it and not need it than to need it and not have it,” Shuster said.
Romney's supporters led the big-money game: $32.8 million from 18 donors. Obama backers took in $21.6 million from 16 donors, including actor Morgan Freeman.
Among the donors listed below, several, such as casino magnate Sheldon Adelson and his wife, Miriam, gave tens of millions to super PACs during the past two years.
Obama's re-election campaign, which only two months ago fretted that it was losing the money race to Romney, announced on Saturday that it was on the cusp of raising $1 billion for the election after posting its strongest fundraising month of the year, the Washington Post reported.
The Obama campaign and the Democratic National Committee raised $181 million last month, easily eclipsing the $114 million that they had raised together in August.
The number falls just shy of the all-time monthly record of $193 million, which Obama set in September 2008.
Fundraising numbers for Republican rival Mitt Romney have not been announced.
Campaign manager Jim Messina wrote in an email to supporters that Obama's fundraising efforts in 2012 mark “a historic record for grass-roots politics.”
The campaign says it has collected more than 10 million individual donations so far this year.
Obama has raised nearly half his money through small donations with aggressive solicitation programs targeting email, social media and cellphone texting services.
The Washington Post contributed to this report. Mike Wereschagin is a staff writer for Trib Total Media. He can be reached at 412-320-7900 or firstname.lastname@example.org.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Distracted Steelers show nothing in loss to Eagles
- Rossi: Time with Penguins taught Bylsma importance of stability
- Police investigate Hill District shooting
- Records: Steelers RB Bell admitted smoking pot before traffic stop but denied being high
- Indiana Township police on lookout for loose alligator
- NFL could delay punishment
- AT&T offers customers option to text 911
- Man, woman sought in PNC robbery in Uniontown
- Will soft foes mean fast start to the season for Pitt football team?
- Oglethorpe: Dad worked hard, had a quiet humor
- Utility regulator seeks $639,000 in penalties from electric supplier