Skip to main content
1 PERCENT

Super PACs Give Rise to Super-Donors

Handful of donors give millions of dollars.

cheats/2012/02/22/super-pacs-give-rise-to-superdonors/superdonors-super-pacs-harold-simmons-cheat_mrruqe

Flor Cordero, Reuters / Landov

Meet the super-donors. Super PACs, which can take unlimited donations, have given rise to a new type of political donor that is dominating the GOP primary race. Both The New York Times and The Washington Post lead with the example of Harold C. Simmons, a Texas businessman who has given more than $14 million to Republican super PACs this election. In January five donors gave a total of $19 million, accounting for a quarter of the money raised for the presidential race that month. So far it’s a Republican phenomenon, with Democratic donors giving relatively small amounts to their party’s super PACs.

Read it at The New York Times

TRENDING NOW