Tags: BNCOPY | BNSTAFF | BNTEAMS | BUSINESS | CAB | COS | ENT

Record Political Ad Spending Expected in 2012, Moody’s Says

Tuesday, 21 Jun 2011 12:14 PM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

Spending on U.S. political advertising will surge to record highs in 2012 as campaign- spending limits are eliminated, Moody’s Investors Service says.

Corporations and unions can spend unlimited money on the 2012 presidential election and Congressional races for the first time in more than a decade, Moody’s analyst Carl Salas, based in New York, wrote in a note to clients.

The rule change, resulting from a U.S. Supreme Court decision in January, will likely lead to an increase in spending of 9 percent to 18 percent over 2010’s record levels, he wrote.


© Copyright 2014 Bloomberg News. All rights reserved.

  Comment  |
   Contact  |
  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:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Another Hacker Group Warns Sony: Release 'Interview' or Else

Monday, 22 Dec 2014 07:24 AM

Competing pressures from different groups of hackers are being brought to bear on Sony Pictures over the decision not to . . .

GOP Weighs Big Changes at Congressional Budget Office

Monday, 22 Dec 2014 07:06 AM

When Republicans take full control of Congress on Jan. 6, they will face decisions on major changes at the Congressional . . .

Actor Booth Colman Dies at 91

Sunday, 21 Dec 2014 21:30 PM

Booth Colman, who had a long career as an actor including the role of ape scientist Dr. Zaius in the 1970s "Planet of th . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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