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Super PACs Give Rise to Super-Donors

1 PERCENT

Handful of donors give millions of dollars.

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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

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