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xchrom

(108,903 posts)
Thu Feb 2, 2012, 11:45 AM Feb 2012

Pro-Romney Super PAC Outraised Its Candidate's Campaign

http://slatest.slate.com/posts/2012/02/01/restore_our_future_romney_super_pac_outraises_romney_gop_campaign.html

How's this for a sign of the rise of the Super PAC: Restore Our Future had more cash on hand heading into 2012 than Mitt Romney, the candidate the technically independent political action committee is backing.

That's one of the many revelations coming out of Wednesday's FEC filings from political action committees. Looking through the documents, it's clear that both President Obama and his GOP rivals are seeing support in the millions from Super PACs, nearly all of which have raised most of their money from big-dollar donations.

Politico took a look at the pro-Romney Restore Our Future, which disclosed their fundraising just before midnight, after the spectacle of the Florida primary wound down. The group had $23.6 million as of the end of 2011. Romney, meanwhile, has about $20 million on hand for his campaign.

The Super PAC supporting Newt Gingrich said it had raised $2.1 million by the end of 2011, although that total doesn't include the $10 million donation billionaire Sheldon Adelson and his wife made in January. The group backing Obama reported having $4.4 mill
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