Forty-Two Plutocrats Have Funded More Than a Third of All Super PAC Spending
With just four days to go until the 2014 midterms, here’s our final weekly roundup of news about this year’s money race.
Do you know where your polling place is, and what documents you’ll need to cast a ballot? If you have any questions, the nonpartisan League of Women Voters has answers at vote411.org. And if you encounter any problems at the polls, call the Election Protection hotline at 1-866-OUR-VOTE (1-866-687-8683) or visit their website.
Big Money: According to the Wesleyan Media Project, ad spending on congressional races has passed the $1 billion mark. Around 40 percent of it is dark money, with undisclosed donors. If you include spending on ads for ballot initiatives, judges and races for state offices, almost three million spots have aired during this election cycle at a cost of $1.67 billion.
The Times, They Are a Changin’: At Vox, Mark Schmitt, director of New America Foundation’s program on political reform, looks at three ways the 2014 midterms could permanently “transform money in politics.”
Republicans Still Dominate the Dark Money Game: Democratic-leaning donors like Tom Steyer have invested heavily in the 2014 race, but the Sunlight Foundation’s Peter Olsen-Phillips reports that when it comes to dark money, Republican-aligned groups have outspent their Democratic counterparts by around three-and-a-half to one.
http://billmoyers.com/2014/10/31/dark-money/
http://www.usatoday.com/story/news/politics/2014/10/28/top-super-pac-donors-of-the-midterms-steyer-bloomber-singer-mercer/18060219/
http://www.propublica.org/article/secret-donors-behind-some-super-pacs-funneling-millions-into-midterms?utm_campaign=sprout&utm_medium=social&utm_source=facebook&utm_content=1414785193
http://www.washingtonpost.com/blogs/the-fix/wp/2014/09/02/how-mccutcheon-has-already-changed-campaign-finance-in-1-chart/
http://en.wikipedia.org/wiki/Colbert_Super_PAC
http://en.wikipedia.org/wiki/Uniform_Commercial_Code
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