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Campaigns to spend $6 billion in 2012: report

WASHINGTON — US political campaigns will spend $6 billion in federal races this year, making the 2012 general election the most expensive poll in American history, experts said Wednesday. The presidential election pitting President Barack Obama against Republican challenger Mitt Romney, alone accounts for $2.6 billion, according to the Center…

Funding behind biggest spender in Penn. Senate primary race a mystery

No one knows who funded the biggest spender in Pennsylvania’s Senate Republican primary race this year, according to the Center for Responsive Politics, thanks to a chain of Super PACs and tax-exempt groups. The Super PAC called Freedom Fund for America’s Future spent a little over $175,000 in ads attacking…

U.S. lawmakers get richer as voters struggle

The wealth gap between members of Congress and ordinary Americans is growing larger, with nearly half of all lawmakers now worth more than one million dollars, according to US media reports Tuesday. US lawmakers are increasingly likely to be multimillionaires and are on average nine times richer than the other Americans, according to data made available…

Dozens of Obama 2008 Wall Street donors now support Romney

Many deep-pocketed backers of President Barack Obama’s 2008 campaign now have eyes for a different candidate, financial disclosure forms show. Sixty-seven Wall Street executives — and former Obama backers — have instead put their money behind former Masschusetts governor and Republican frontrunner Mitt Romney. The bankers, who live in New…

UPDATED: Paul Ryan has no free, in-person town halls scheduled this recess

In what appears to be an effort to avoid the free-for-all town halls that have plagued recent contentious congressional recesses, Rep. Paul Ryan (R-WI) and other Republican members of Congress have chosen to charge admission to their home-district appearances. Ryan will speak September 6 to the Whitnall Park Rotary Club…

RNC attack on Obama’s bus tour ignores Bush’s political travel costs

The Republican National Committee released a tailored, satirical attack ad Monday as President Barack Obama began a three-day bus tour of the Midwest, focusing on jobs and the economy. The 11-page pdf masquerades as a press guide for what the RNC has dubbed “A Totally Non-Political, Taxpayer-Funded Administration Event That…

Tea party group took thousands of dollars from dead woman, records reveal

Someone out there wants the tea parties to stay well funded, and they’re willing to break the law to ensure it. The California-based Tea Party Express has been getting donations from a dead woman for more than two years, records released Friday showed. Joan Snyder Holmes died of cancer on…

Sen. Sanders wants Comcast-NBC deal halted

Vermont Senator Bernie Sanders thinks MSNBC anchor Keith Olbermann was suspended for a “bogus” reason and wants to know: “What will prevent the same thing from happening to Rachel Maddow, Ed Schultz and other progressives?” The Independent senator, who caucuses with Democrats, explained that the whole fracas over Olbermann’s political…

Keith Olbermann returns to MSNBC on Tuesday: network president

The fracas over Keith Olbermann’s suspension is coming to an end. Phil Griffin, president of MSNBC, announced Sunday night via email that the network’s lead liberal anchor, suspended after the disclosure of several political donations, will return to airwaves on Tuesday. “After several days of deliberation and discussion, I have…

2010 mid-term elections to be the costliest ever, group finds

The US November mid-term elections are on track to be the costliest ever after controversial high court rulings opened the way for shadowy donors to flood key races with cash aimed at shaping the outcome. “This will easily set spending records for US mid-term elections,” according to Dave Levinthal, spokesman…

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