Sam Walton, Steven Spielberg Among Obama's Million-Dollar Donors

Sunday, 21 Oct 2012 11:17 AM

By Luke Rosiak

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The super PAC backing President Obama raised $15 million last month, including $1 million from Sam Walton, the chairman of Wal-Mart, a traditional Republican-leaning organization.

Also contributing $1 million to Priorities USA was filmmaker Steven Spielberg, whose colleague Jeffrey Katzenberg is an Obama bundler and gave $1 million himself. Fred Eychaner, who has raised at least half a million dollars from acquaintances for the Obama campaign, gave $2 million personally to the super PAC.

In all, 17 of Mr. Obama's bundlers are also Priorities USA contributors, The Washington Times found.

The overlap between campaign fundraisers and donors to the purportedly independent super PAC help illuminate the increasingly blurred line between the two types of organizations. The Supreme Court gave super PACs the green light in 2010 when it reasoned that because super PACs were supposed to be entirely separate from politicians, super PACs could not be corrupting to those politicians even if they received millions of dollars.

One hundred forty-eight people have given $10,000 or more to the super PAC, with 19 giving $1 million or more.

The PAC has had significant support from unions, with the air traffic controllers association — which famously went on strike under President Reagan — giving $1.25 million. The United Association gave $1 million, as did the United Auto Workers and SEIU.

Obama's signature healthcare reforms seemed to bring a few rare donations directly from corporate treasuries to the super PAC, such as $25,000 from Castlight Heath, Inc. of San Fransisco last month.

The PAC had $7 million on hand as of Oct. 1. In addition to spending on ads, as is typical of the Romney super PAC, Priorities USA spent a quarter-million dollars on opposition research last month.

© Copyright 2014 The Washington Times, LLC

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> 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

FBI Takes Wendy Davis Documents But Scope of Probe Unclear

Friday, 18 Apr 2014 16:58 PM

The FBI has control of documents related to Texas State Sen. Wendy Davis' work while she was an attorney for the North T . . .

Clinton Sought GOP Support for Health Care

Friday, 18 Apr 2014 17:00 PM

President Bill Clinton's advisers estimated early in his term that passing a health care overhaul would require a delica . . .

Tea Party Express Chairwoman Steps Down

Friday, 18 Apr 2014 14:23 PM

Amy Kremer, chairwoman of the Tea Party Express is leaving her post so she can focus on the campaign for Senate Minority . . .

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