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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (660910)7/5/2012 1:33:29 PM
From: FJB  Read Replies (1) of 1571041
 
Obama’s Super-PAC Advantage

So far, Obama’s super PAC is outspending all super-PAC efforts opposing him combined.

By Jim Geraghty

nationalreview.com

JULY 5, 2012 4:00 A.M.

Excerpt:

The only catch is that the actual spending by super PACs so far this year tells a quite different story. The truth is that the super PAC founded by top Obama staffers and its aligned “independent” groups are outspending groups that oppose the president by roughly two to one.

According to Federal Election Commission data filed from January 2011 through July 3, super PACs and all groups making “independent expenditures” in the political arena have spent $35.3 million in opposition to Romney, and only $9 million in opposition to Obama. Rove’s American Crossroads, for example, has spent $3.1 million this cycle. But only $158,126.17 of that has been spent in efforts opposing President Obama, and a separate $7,500 has been spent on Web ads supporting Mitt Romney. For perspective, the group spent $358,202.98 in mid-June in just one expenditure on “TV/Media Purchases” opposing Democratic Senate candidate Tim Kaine in Virginia, and then spent the same sum a week later in the same race.

What’s more, the advertising and other efforts by Obama’s allies have been relentlessly negative. Every expenditure by every independent group must be filed with the FEC (usually within a matter of days) and must be classified as in support of or in opposition to a particular candidate. The amounts range from millions of dollars for advertising campaigns to $12.50 for “staff time” spent on a press release or e-mail to support or oppose a candidate. Overall, in addition to the $35.3 million and $9 million mentioned above, independent groups have spent $7.7 million on ads and efforts classified as in support of Romney, while they spent only $961,854.62 in support of Obama.
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