"Drowning in a sea of GOP campaign cash" By Steve Benen at Maddow Blog

[applegrove]

Drowning in a sea of GOP campaign cash
By Steve Benen at Maddow Blog

http://maddowblog.msnbc.msn.com/_news/2012/05/30/11954290-drowning-in-a-sea-of-gop-campaign-cash

"SNIP.................................................

Campaign fundraising in the 2008 presidential election was thought to have reached dizzying heights. Republican nominee John McCain raised $370 million for his presidential bid, while Democrat Barack Obama shattered records en route to a $750 million haul. The totals, at the time, seemed staggering.

Four years and a Supreme Court ruling later, the 2008 fundraising figures will very likely appear puny by the time the 2012 dust settles.


Republican super PACs and other outside groups shaped by a loose network of prominent conservatives -- including Karl Rove, the Koch brothers and Tom Donohue of the U.S. Chamber of Commerce -- plan to spend roughly $1 billion on November's elections for the White House and control of Congress, according to officials familiar with the groups' internal operations.

That total includes previously undisclosed plans for newly aggressive spending by the Koch brothers, who are steering funding to build sophisticated, county-by-county operations in key states. POLITICO has learned that Koch-related organizations plan to spend about $400 million ahead of the 2012 elections -- twice what they had been expected to commit.

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[JNelson6563]

1. If nothing else this is great ammo for tax argument.

They can spend hundreds of millions to influence a campaign but can't pay it in taxes?

Julie

[AndyTiedye]

2. And That's Before the Insurance Companies Start Writing Checks