Federal Politics

Published — October 22, 2012 Updated — May 19, 2014 at 12:19 pm ET

Daily Disclosure: Pro-Obama super PAC outpaces GOP counterpart

Super PAC donations flow, Ameritrade founder give big

Introduction

Restore Our Future, a super PAC supporting Mitt Romney’s candidacy, doubled its fundraising total in September taking in $14.8 million, but was still outraised by the pro-President Barack Obama Priorities USA Action, which raised $15.3 million for the month.

The totals show a reversal of a trend — Republicans to date have fared better at raising money for outside groups, though Romney still has American Crossroads, a well-funded super PAC, and Crossroads GPS, a nonprofit, in his corner.

Restore Our Future brought in $7 million in August.

Most of the major super PACs had until Saturday at midnight to file monthly reports with the Federal Election Commission on September’s fundraising activities.

Meanwhile, J. Joe Ricketts, whose conservative Ending Spending Action Fund super PAC said it would launch a $12 million ad campaign this fall, gave a whopping $11.5 million to the group. Ricketts, the founder of TD Ameritrade, was the only donor to the PAC, which finished the month with $5.9 million in the bank.

Anti-Obama “Ending Spending” ads have just recently begun airing. Of the $12 million, $10 million will be directed toward helping Romney, according to a report in the Wall Street Journal last month.

Texas homebuilder Bob Perry, who shows no signs of closing his checkbook, gave $3.5 million to super PACs in September, including $2 million more to Restore Our Future. The donation brings his total giving to more than $10 million to the super PAC. Fellow Texan Harold Simmons, another top super PAC donor, came through with $500,000 to the pro-Romney super PAC.

Restore Our Future finished September with $16.6 million cash on hand, far more than Priorities USA Action, with $7.3 million.

Priorities USA brought in $15.3 million in September, a $5.2 million increase from its August earnings.

Among its largest donations for the month:

  • $2 million from super donor Fred Eychaner of Newsweb Corp.;
  • $1.5 million from super donor James Simons of the hedge fund Renaissance Technologies;
  • $1.2 million from Slim-Fast founder S. Daniel Abraham;
  • $1 million from Hollywood director Steven Spielberg;
  • $1 million from Dreamworks Animation’s Jeffrey Katzenberg;
  • $1 million from the United Auto Workers Education Fund;
  • $1 million from Donald and Shelley Rubin of health insurer MultiPlan Inc.

Majority PAC, a super PAC backing Democrats for the U.S. Senate, received contributions from many of the same donors. Simons gave $1.5 million; Eychaner gave $1 million; the UAW Education Fund gave $700,000. Working for Working Americans, a public sector union-affiliated committee, gave $1 million.

Majority PAC took in four times as much in September as it did in August, with a monthly haul of $10.4 million. It finished September with $6.9 million cash on hand.

Eychaner and Simons also gave big to House Majority PAC, which supports Democrats running for U.S. House. Eychaner came through with $1 million and Simons with $500,000. The American Postal Workers Union also gave a half-million.

House Majority PAC took in $5.8 million total in September, finishing the month with $5.7 million on hand.

American Crossroads, the conservative super PAC co-founded by Republican strategists Karl Rove and Ed Gillespie, took in $11.7 million in September, an increase from its August take of $9.4 million.

Super donor Simmons came through with $2.5 million, followed by the JWC III Revocable Trust with $1.25 million. It was not immediately clear who controls the JWC III Revocable Trust.

Jay Bergman of Petco Petroleum Corp. gave $1 million. The Armstrong Group, a telecommunications firm, provided $1.3 million in in-kind contributions in the form of “cable access.”

Club for Growth Action, a conservative, free-market super PAC, received $2 million in contributions, a leap from August’s $589,000. Homebuilder Perry was a top donor in September, giving $1 million. The super PAC finished the month with $2.6 million on hand.

The conservative super PAC FreedomWorks for America, led by former House Majority Leader Dick Armey, took in $3.2 million in September, more than three times what it received in August. The contributions were almost exclusively in small amounts, with the exception of $143,000 in in-kind contributions from the super PAC’s non-disclosing sister nonprofit, FreedomWorks Inc.

FreedomWorks for America finished September with $703,000 cash on hand.

In other outside spending news:

  • Pro-Obama super PAC Priorities USA Action reported spending $1.25 million on anti-Romney ads. The super PAC also released “Sarah,” over the weekend, knocking Romney’s economic policies.
  • Pro-Romney super PAC Restore Our Future reported spending $1.4 million on anti-Obama ads.
  • The U.S. Chamber of Commerce reported spending $5.1 million. Among its spending were three ads: “Working for Washington,” which opposes Sen. Jon Tester, D-Mont., “It’s Time to Send Him Home,” which opposes Rep. Martin Heinrich, the Democratic candidate for U.S. Senate in New Mexico, and “Linda McMahon Makes Sense for Connecticut,” which supports the Republican candidate for U.S. Senate in the state.
  • The National Republican Congressional Committee reported spending $9.3 million supporting House Republicans and opposing House Democrats.
  • Club for Growth Action reported spending $2.2 million opposing Democratic candidates for U.S. Senate in Ohio, Arizona and Indiana. It released “Green,” which opposes Sen. Sherrod Brown, D-Ohio.
  • House Majority PAC, a super PAC backing House Democrats, reported spending $1.4 million.
  • Crossroads GPS, a conservative nonprofit, reported spending $1.1 million on the presidential, House and Senate races.
  • Majority PAC, a super PAC backing Senate Democrats, reported spending $1.1 million.
  • The 60 Plus Association, a conservative nonprofit, reported spending $920,000 on ads opposing U.S. Senate and House candidates in Arizona, North Dakota and New York. It released an ad opposing two Democratic candidates for U.S. House in Arizona, Kyrsten Sinema and Ann Kirkpatrick.
  • The NRA Institute for Legislative Action, the nonprofit arm of the National Rifle Association, reported spending $3.9 million on numerous candidates. It released the ad “One Vote” opposing Obama.
  • The Congressional Leadership Fund, a conservative super PAC, released Spanish and English versions of “Closer Look,” which opposes Rep. Pete Gallego, R-Texas; “Folks,” which opposes Rep. Mike McIntrye, D-N.C., “I Will,” which opposes Rep. Kathy Hochul, R-N.Y., and “Busy Betty,” which opposes Rep. Betty Sutton, D-Ohio.
  • Americans for Tax Reform, a conservative nonprofit, released “B” opposing Rep. John Barrow, D-Ga., and “Bankrupt” opposing Rep. Ben Chandler, Ky.-6.

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SOUTH JERSEYTed SiroisMark SullivanTom LarkinAnonymous Recent comment authors
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Mark Sullivan
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Mark Sullivan

Trump needs to conduct these activities because the entire MSM media, excluding Fox, is campaigning against him 24/7/365.

Didn’t Monica’s boyfriend’s wife and various criminal enterprises outspend Trump by almost 2-1?

CapitalistRoader
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CapitalistRoader

Why wouldn’t he get an early start on fund raising? Hillary outspent him two-to-one in 2016. The Dem’s are the party of big money. The President knows this and is attempting to get a jump on it. Of course the Dem candidate will outspend him in 2020 so it’s only rational that he starts fund raising now.

George Young
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George Young

Oh brother. We just 8 years of the Campaigner – in – Chief. Where was this journalistic rectal thermometer then. Just another article about 2000 words too long that merely takes another slap at Trump for something he far from initiated.

j stevenson
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j stevenson

The big difference between Trump and all the rest is his refusing to accept funds from lobbyists, so they don’t have the White House access they are used to. These are the donors who buy the presidency and are as pixxed off that he won the election as are the media and the Dems. Lobbyists have never been shut out of the WH and Trump has told them he is not for sale.

Anonymous
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Anonymous

Trump needs to be impeached and tossed in prison. Then have the key thrown away so he will never be free. Then he can see how it feels not to have freedom.

Mark Sullivan
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Mark Sullivan

Thank you for the usual insightful leftist low IQ Snowflake response.

barney
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hes not imprisoning them hes sending them back to their country chill tf out

SOUTH JERSEY
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SOUTH JERSEY

WHY DONT YOU HAVE FREEDOM?

Tom Larkin
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Tom Larkin

First, something positive. I was happy to learn of empirical information in article. BUT, the article was so slanted against President Trump as to be deemed fake news (“Perhaps Trump just lied.” (Two different issues)). The article mentions that President Trump raised over $67 million, but ended 2018 with $19 million. President Trump spent over $40 million 2016 and 2017. President Trump conducted 57 political rallies. The article notes the hats and T-shirts sold, but NEVER MENTIONS THE INCREASE IN THE NUMBER OF REPUBLICAN SENATORS during a mid-term election that lost the House and the number of political rallies in… Read more »

Ted Sirois
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Ted Sirois

At least Trump is getting donations from willing donors. Fresh from his first election, Obama used billions of our children’s tax dollars to save thousands of union jobs in the car industry and bailed out the banks and many Wall Street businesses. This secured his source of reelection funds for his reelection four years later.

South Jersey
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South Jersey

TRUMP 2020; IS AN AMAZINGLY SMART MAN! VERY ORIGINAL & CREATIVE. I AM HAPPY TO HAVE HIS AS POTUS.

SOUTH JERSEY
Guest
SOUTH JERSEY

THIS ARTICLE WAS OBVIOUSLY WRITTEN BY, A TRUMP-HATE-GROUP. THAT FEELS; IT IS NOT NORMAL TO BE SUCCESSFUL WITH YOUR OWN BRAND NAME. WHEN, IF FACT, IT IS NORMAL! >>>>> THIS IS >>> FAKE NEWS!!! <<<< ie: A PACK-OF-LIES; SPUN INTO; DEFAMATION OF CHARACTER. FOR A SINISTER-AGENDA OF; FASCIST DEMOCRATIC SOCIALIST, COUP D'ETAT

David
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David

Are you on some kind of drugs? Writing in caps makes me think that you are grumpy old fart or a uneducated hillbilly.