They say it takes money to make money. And supporters of former Massachusetts Gov. Mitt Romney’s presidential bid have shelled out more than $20,000 to hold fundraising events for their super PAC at some pretty luxurious spots, according to an iWatch News analysis of campaign finance reports filed with the Federal Election Commission.
To aid this money chase, Restore Our Future has held fundraising events held at several elite locales, including New York’s Waldorf Astoria and the Beverly Hills Hotel in the acclaimed California ZIP code of 90210.
Restore Our Future was founded by — and is run by — several of Romney’s former aides, including Carl Forti, Romney’s 2008 political director; Larry McCarthy, a member of Romney’s 2008 media team; Steve Roche, Romney’s former finance director; and Charles Spies, Romney’s former chief financial officer and counsel, as iWatch News has detailed.
As a super PAC, Restore Our Future is allowed to accept unlimited contributions from individuals, corporations, trade associations, unions and other groups, so long as it doesn’t illegally coordinate with Romney’s campaign.
Read more in Money and Democracy
PhRMA gives largest chunk of $4.5 million to conservative group, American Action Network