Saturday, January 14, 2012

SUPER PACS OUTSPENDING CANDIDATE COMMITTEES TWO TO ONE

Super PACs supporting candidates are outspending those candidates’ campaign committees two-to-one in South Carolina, having already spent $7 million so far compared to a combined $3.2 million for presidential campaigns. The difference, of course, is that Super PACs can accept unlimited donations, and many are largely funded by a single billionaire. This reflects a trend across the early primary states, where Super PACs have been spending far more than the presidential campaigns or outside expenditure groups in previous years. Super PACs were created in the wake of the Supreme Court’s Citizens United ruling.

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