Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Auggie

(31,169 posts)
Mon Jun 25, 2012, 09:57 AM Jun 2012

Pro-business super PAC to support "Center-Right" -- Dems AND Repukes

San Francisco Chronicle / Sunday, June 24, 2012

With the California Republican Party's registration declining, its prospects dim and major donors panicked, two powerhouse GOP fundraisers have boldly sidestepped the party and launched an independent state super PAC to raise millions in unlimited contributions aimed at electing business-friendly candidates to the state Legislature this year.

The aggressive new independent expenditure effort, called California Now, is organized by Jeff Miller, who raised $60 million as the former finance chairman of the state GOP, and Sacramento political strategist Tony Russo.

Their goal, sources say, is a new "center-right" fundraising effort to ensure that Republicans in November keep their tenuous hold on one-third of the seats in the state Senate and Assembly - the minimum needed to block the passage of new taxes.

Surprisingly, the fundraising drive by the Republicans will also support moderate Democrats in a handful of Democrat versus Democrat races this fall, sources said.

MORE: http://www.sfgate.com/default/article/New-pro-business-super-PAC-sidesteps-state-GOP-3659572.php

Latest Discussions»Region Forums»California»Pro-business super PAC to...