In Lieu Of Poor Republican Fundraising, Corporations And Millionaires Flooding GOP With Money

Posted by | September 28, 2010 10:42 | Filed under: Top Stories

Outside groups with corporate interests have flooded Republican races in 15 states with $30 million, compared with $5 million from groups supporting Democratic candidates.

The most significant players in the advertising assault on Senate Democratic candidates are the affiliated American Crossroads and Crossroads GPS, launched under the direction of former Bush administration political operative Karl Rove, and the U.S. Chamber of Commerce. Together, the three groups account for about $13 million in ad spending.

The GOP is getting additional help from some groups that don’t even weigh in directly in congressional races. Americans for Prosperity, a conservative group started by billionaire conservative David Koch, has spent about $5.5 million in key House battlegrounds with ads that don’t mention candidates but criticize Obama’s policies.

The Republican Party, itself, is not doing well raising money, but the recent Supreme Court decision allowing big corporate donations is what is helping conservatives.

The GOP groups appear to be benefiting from a Supreme Court ruling earlier this year that freed big business — which typically leans Republican — to spend their millions directly to sway federal elections. What’s more, several of the groups are set up as nonprofit corporations under the Internal Revenue Service code, and they don’t have to reveal their donors.

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Copyright 2010 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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