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Republican Governors Association Raises $24 Million

The Republican Governors Association,  a Section 527 political organization,  reported  it raised $24.1 million and spent $15.6 million during the second quarter of 2014.  

Major donors included David Koch , executive VP, Koch Industries (NY) $2.5 million; Sheldon Adelson , CEO, Las Vegas Sands Corp. (NV) $2.5 million; and Ken Griffin , CEO, Citadel Group (IL) $1.5 million.  

Paul Ryan Collects Almost $7 Million (Corrected)

Mitt Romney Va. Tour

Corrected, 10:30 a.m. | 2012 vice presidential nominee Rep. Paul D. Ryan has had the time and opportunity to methodically meet and greet the top financial donors of the Republican Party around the country - and collect almost $7 million dollars in campaign contributions.  

Ryan for Congress reported  it had receipts of $1,611,280 during the second quarter of 2014. This brings the Wisconsin Republican's election cycle total receipts to $6.95 million.  

Millionaires Keep Shoveling Money Into Politics

The flow of money into politics continues with a steady stream of large contributions from millionaires and wealthy donors.  

Recent financial reports from Super PACs, showing May activity, disclose several large contributions. For example, American Crossroads , a Republican-oriented Super PAC reported receiving $1 million from Paul Singer , President and CEO of Elliott Management Group (NY); $200,000 from Ruben Martin , President and CEO of Martin Resource Management Corporation (TX); $100,000 from James MacDougald , chairman of Westshore Ventures (FL); and $100,000 from Geoff Palmer , owner, G.H. Palmer Associates (CA). The Super PAC had receipts o $1.66 million during May, and has $4.6 million cash on hand as of May 31st.  

Super PAC Spends Against New York Tea Party Candidate (Corrected)

Update 4:10pm A Republican Super PAC has spent over $500,000 opposing a New York tea party candidate in the June 24th Republican primary.  

The American Unity PAC , a Republican-oriented Super PAC, reported  it spent $559,516 opposing state assemblywoman Claudia Tenney, R-N.Y., a tea party candidate in the 22nd Congressional District of New York. Tenney is running against Rep. Richard Hanna, R-N.Y., in the June 24th Republican primary. During the period April 1 through June 4th, the PAC raised $412,545 and sent $835,497, with $2,353,444 in cash on hand as of June 4th.  

Air Traffic Controllers Direct $800K to Super PACs

The National Air Traffic Controllers Association PAC  has reported directing $800,000 to Super PACs during April.  

The PAC reported it had receipts of $347,601 and disbursements of $934,485 during April, leaving $1,145,529 cash on hand as of April 30th. The PAC gave $800,000 to Super PACs and $111,000 to party committees, federal candidates and their committees.  

Republican Super PAC Raises Over $5 Million From Big Donors

A Republican Super PAC has raised $5.2 million in the first quarter of the year from 24 donors.  

American Crossroads , a Republican-oriented Super PAC, reported  it had receipts of $5,238,249 and disbursements of $613,597 during the first quarter. Twenty-four donors contributed a total of $5,237,500.  

Republican Governors Association Raises $22 Million, Lists Donors (updated)

Under the chairmanship of New Jersey Gov. Chris Christie, the Republican Governors Association reported more than $22 million in donations during the first quarter of the year.  

The Republican Governors Association , a Section 527 political organization, reported  to the I.R.S. receipts of $22,432,846 and disbursements of $15,643,221 during the first quarter of 2014.  

Republican Super PAC Spends Against Republicans

The war chest of a Republican-oriented Super PAC has been filled by three donors giving hundreds of thousands of dollars in March, but the funds are being spent against a Democrat and several Republicans.  

Ending Spending Action Fund , the super PAC of a 501c4 non-profit organization, reported it had receipts of $1,350,000 and disbursements of $375,438 during the first quarter of the year, leaving $977,621 cash on hand as of March 31st.  

Million-Dollar Donors Strengthen American Unity Super PAC

Two million-dollar hedge fund donors are helping to strengthen a Super PAC for the 2014 elections. The Super PAC had only a quarter of a million dollars in receipts last year.  

The American Unity PAC , a Republican-oriented Super PAC, reported  it had receipts of $2,753,687 and disbursements of $84,634 during the first quarter of 2014. The PAC has $2,776,397 cash on hand as of March 31st.  

Corporations Can Expect To Pay More For Conventions

Congress has taken steps to remove public funds from partially paying for national party conventions, but corporations, unions, and individuals will soon be on the hook for making up the difference.  

The Senate on Tuesday passed a bill by voice vote to end taxpayer funding for presidential party conventions and use those funds for researching pediatric cancer and other childhood disorders. The funds come from the $3 check-off on taxpayer annual returns.