One-Third of Presidential Campaign Spending From Nonprofits

Tuesday, 07 Feb 2012 12:02 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
About one-third of the money that has poured into the presidential election so far has come from nonprofit groups that never will have to disclose their donors. The largest share of the money has come from conservative groups hoping to defeat President Barack Obama, The Washington Post reported.

Congressional races that could decide which party controls the House and Senate also are part of the largesse of the nonprofit groups. Unlike the other outside major player, super PACS, the nonprofits are not required to name the companies, unions, or individuals who pay for the ads they run, according to the Post.

Groups with confidential donors have spent $24 million on political ads, a Post analysis found. The Karl Rove-backed nonprofit Crossroads GPS has spent more than $10 million targeting Obama. Americans for Prosperity, with ties to Koch brothers, has spent about $7 million on ads. Two super PACs supporting Democrats transferred $200,000 from their nonprofit counterparts to the super PACs. As a result, part of the budgets of American Bridge 21st Century and Priorities USA Action have part of their budgets funded by secret donations, the Post reported.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Ed Schultz: Work Permits for Illegals Would Be 'Death' for Dems

Wednesday, 30 Jul 2014 23:05 PM

Liberal MSNBC host Ed Schultz warns that it will be "an electoral death knell for the Democrats" if President Barack Oba . . .

Low Voter Turnout in Primaries Has Dems Especially Worried

Wednesday, 30 Jul 2014 20:37 PM

Sharp declines in voter turnout for primaries in 25 states have both parties worried, but the situation is dire for Demo . . .

Quinnipiac Poll: Kasich Maintains Double-Digit Lead in Ohio

Wednesday, 30 Jul 2014 16:10 PM

With less than 100 days to go until the Nov. 4 election, Ohio looks like a shoo-in to remain in the Republican column wh . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved