Nov 12 2010

Will Stealth Spending Decide the 2012 GOP Presidential Primaries?

After a GOP wave election that put the “tsu” in tsunami, Republicans have reason to feel smug as they look toward 2012. High on the GOP’s gloating list is the way that wealthy conservatives and right-wing business groups exploited the new permissive fundraising environment created by the Supreme Court’s Citizens United decision. Heavy late spending [...]


Nov 7 2010

Defense Spending Cuts for a New Congress? Not So Fast

A bruising fight over defense spending looms on Capitol Hill, where newly arriving legislators, elected to slash government spending and the deficit, will confront the biggest budget mess in the federal government. It’ll be a wild melee, with Secretary of Defense Robert Gates, a Republican, lashing the Pentagon bureaucracy to find its own deep cuts. [...]


Nov 2 2010

Think Election Spending Is Excessive? Just Wait Until ’12

Campaign spending is expected to hit $4 billion this election cycle, making it the most expensive midterm campaign ever in the United States, but some analysts predict it could be dwarfed compared to what’s coming in 2012. Tens of millions of dollars in outside money flooded the election landscape in 2010, following a Supreme Court [...]


Oct 28 2010

Election Spending Could Top $4 Billion, Shatter Record for Midterm

The 2010 election will be the most expensive midterm contest ever in the United States, with spending expected to top $4 billion by Election Day, a Washington research group said Wednesday. The Center for Responsive Politics reported that parties, candidates and outside groups will have spent about $1 billion more than in 2006, when the [...]


Oct 26 2010

Candidate Spending on Congressional Races May Surpass $2 Billion

The political money chase among U.S. House and Senate candidates could result in record spending — in the range of $2 billion — this year, according to a new study by a watchdog group. That’s would amount to an average of $4 million per congressional contest, the Washington Post calculated Tuesday. In recent weeks, prodigious [...]


Oct 26 2010

Nearly $40 Million in One Day: Political Spending Smashes Records

The money just keeps on coming. Outside political groups spent a whopping $39.8 million on the elections last Tuesday alone, Politico reported. The one-day spending spree smashed the previous record of $24.3 million set Oct. 12. And the record is likely to be broken again, as early as Tuesday. Politico said Tuesdays tend to be [...]