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Entries in PAC (11)

Monday
Feb182013

Rubio Raises More Than $100,000 Off Water Bottle Incident

Joe Raedle/Getty Images(NEW YORK) -- Sen. Marco Rubio, R-Fla., has hauled in some serious cash since his water sipping moment Tuesday during the Republican response to the State of the Union.

Reclaim America, Rubio’s PAC, has raised more than $100,000 by selling more than 3,450 water bottles since Wednesday, a source close to Rubio confirmed to ABC News.  The white water bottles, which bear the name “RUBIO” in bright red letters, come with a minimum donation of $25.

“Send the liberal detractors a message that not only does Marco Rubio inspire you … he hydrates you too,” the donation request read.

Late night comedians have spoofed Rubio’s water sipping incident throughout the week, and “Saturday Night Live” was the latest to contribute to the line of water break jokes.

Rubio has made light of what some have dubbed his “Watergate” moment, and he told ABC News’ George Stephanopoulos Wednesday morning that the incident reminded him that he is not perfect.

“God has a funny way of reminding us we’re human,” Rubio said on Good Morning America.

Copyright 2013 ABC News Radio

Tuesday
Sep042012

Gabrielle Giffords Forms Democratic PAC with Husband Mark Kelly

ABC/ Ida Mae Astute(TUCSON, Ariz.) -- Former Rep. Gabrielle Giffords and her husband, Mark Kelly, a former NASA astronaut, announced the formation of a political action committee Tuesday.

The move will enable Giffords and Kelly to accept campaign contributions and financially support like-minded candidates seeking public office.

“We are thrilled to officially launch Gabby PAC,” Giffords and Kelly wrote in a statement. “Gabby PAC will only support candidates who are dedicated to working hard for commonsense, bipartisan solutions that strengthen our communities and our entire country. This commitment to public service over partisanship is what guided Gabby while she was serving the people of Arizona and will be the guiding principle of Gabby PAC.”

Giffords, D-Ariz., resigned from the House of Representatives on Jan. 25, a little more than a year after she was shot in the head during a constituent event in Tucson, Arizona. She has kept a relatively low profile since leaving office, although she and Kelly met with Pope Benedict XVI last month at the Vatican.

Giffords was shot Jan. 8, 2011 by Jared Lee Loughner, who is likely to spend the rest of his life in prison after pleading guilty last month to 19 counts stemming from the shooting, including attempted assassination of a member of Congress.

The PAC will be co-chaired by two Democrats -- former Kentucky Secretary of State Trey Grayson and economist Robert Reich, who was secretary of labor during the Clinton administration.

According to a statement, Gabby PAC will support candidates for public office who share the former congresswoman’s vision of “a better future for America.”

“These candidates are focused on offering responsible solutions to the problems facing our communities, including creating good paying jobs, strengthening our economy, supporting renewable sources of energy, caring for our returning veterans and their families and creating more opportunities for young people,” the statement read. “Gabby PAC will support Democratic candidates who favor working in a bipartisan way to find solutions to our challenges instead of partisanship and discord.”

Last month Giffords left a rehabilitation facility in Houston and moved back to Tucson, where she continues therapy.

Copyright 2012 ABC News Radio

Thursday
Feb162012

Rick Perry Takes Step to Form PAC With Leftover Campaign Funds

Justin Sullivan/Getty Images(WASHINGTON) -- Texas Gov. Rick Perry’s presidential campaign Thursday sent a letter to the Federal Election Commission asking whether he could use some of his leftover funds to form a new PAC.

Salvatore Purpura, treasurer of RickPerry.org, wrote in the letter that the campaign collected $270,000 in general election funds, which were set aside in a separate account, and had asked contributors whether the campaign could keep their donations to form the PAC.

Purpura noted in the letter that if the FEC does not allow the formation of a PAC, the campaign would like to redistribute the funds to Perry’s Texas campaign.

Perry, who dropped out of the race Jan. 19 and endorsed Newt Gingrich, ended his campaign with $3.76 million cash on hand. Perry raised approximately $18 million during his five months as a presidential candidate, relying on a heavy network of donors he cultivated as Texas governor and head of the Republican Governors Association.

Copyright 2012 ABC News Radio

Tuesday
Jan312012

Stephen Colbert’s Super PAC Hauls in More Than $1 Million

Sarah L. Voisin/The Washington Post via Getty Images(WASHINGTON) -- The Stephen Colbert super PAC is run by a comedian, but the political action committee’s bank account is no joke, based on federal reports filed Tuesday.

The super PAC is “rolling seven digits deep,” as Stephen Colbert said in a statement to the Federal Election Commission Tuesday, having hauled in more than $1.02 million as of Jan. 30.

“We raised it on my show and used it to materially influence the elections -- in full accordance with the law,” Comedy Central comedian Colbert said Tuesday in a statement. “It’s the way our Founding Fathers would have wanted it, if they had founded corporations instead of just a country.”

Colbert, 47, created the super PAC, officially called Americans for a Better Tomorrow, Tomorrow, in June and has used it to accentuate new campaign finance laws that allow people and corporations to donate unlimitedly to such groups, which can then spend that money to support or oppose political candidates.

In the weeks leading up to the South Carolina primary, Colbert transferred power of his super PAC to fellow comedian Jon Stewart in an on-air ceremony on The Colbert Report complete with a sci-fi-style money-power transfer and celebratory balloon drop.

During Colbert’s two-week flirtation with a presidential run, the super PAC, under Stewart’s direction, spent at least $71,000 to create and air four ads in South Carolina.

Colbert snatched back the super PAC reins Monday night in an epic battle that spanned Stewart’s The Daily Show and Colbert’s show.

“The way I see it, the Supreme Court said that money is speech, and Jon Stewart was hogging all my speech,” Colbert said in Tuesday’s statement. “Now I’ve taken that speech from Jon, making him like that movie The Artist: French.”

Colbert has not said what he plans to spend his remaining money on.

Copyright 2012 ABC News Radio

Tuesday
Oct112011

Obama Jobs Council Stacked with Democratic Donors

Jupiterimages/Thinkstock(WASHINGTON) -- The group of private-sector business leaders advising President Obama on how to create jobs and grow the economy is full of deep-pocket Democratic donors and high-profile financiers of Obama’s re-election campaign, a review of Federal Election Commission data shows.

At least 10 members of the Obama-appointed Council on Jobs and Competitiveness gave the legal maximum contribution -- $4,600 -- to help get Obama elected in 2008, and they continue to write checks for the president in 2012. Several also serve as Obama campaign bundlers, top fundraisers who collect millions of dollars from their networks of well-to-do colleagues and friends to aid his re-election bid.

The bundlers -- Mark Gallogy, co-founder of investment firm Centerbridge Partners; Penny Prtizker, president and CEO of Pritzker Realty Group; and Robert Wolf, chairman of UBS Americas -- have raised as much as $2.7 million for Obama in 2008 and 2012 combined, according to estimates provided by the Obama campaign.

Pritzker served as the Obama presidential campaign’s national finance chairwoman in 2008 and co-chair of the Obama inaugural committee in 2009. Wolf is an occasional Obama golf partner and most recently played golf with the president during his vacation on Martha’s Vineyard.

Other members of the council who have personally padded Obama’s election coffers include Xerox Corporation CEO Ursula Burns, TIAA-CREF CEO Roger Ferguson, MIT/Harvard Broad Institute director Eric Lander, Citigroup chairman Richard Parsons, Hooven-Dayton Corp. CEO Christopher Che, UC Berkeley professor Laura D’Andrea Tyson, attorney and Amazon.com/Google board member John Doerr, and Facebook COO Sheryl Sandberg.

Sandberg hosted an exclusive, star-studded fundraiser for Obama at her Palo Alto, Calif., home on Sept. 25 that netted at least $2.5 million for the 2012 campaign.

The companies and organizations represented on the council have also been prolific donors to Democrats and Obama through their political action committees, or PACs.

UC Berkeley employees contributed $1.6 million combined to Obama in 2008, more than from any other organization, according to data compiled by the Center for Responsive Politics. UBS, Citigroup and GE, whose chairman and CEO Jeffrey Immelt leads Obama’s jobs council, were the source of more than $1.7 million combined.

Comcast Corp., headed by CEO Brian Roberts who sits on the council, is the top corporate source of campaign cash for Obama’s 2012 bid.

Two high-profile unions -- the United Food and Commercial Workers Union and AFL-CIO -- also played a key role in helping to elect Democrats and Obama in 2008, spending more than $900,000 on political communications and advertisements, according to CRP. The leaders of both groups, Joseph Hansen and Richard Trumka, also sit on Obama’s council.

Copyright 2011 ABC News Radio

Friday
Oct072011

PACs Contribute $83,000 to Super Committee Members

iStockphoto(WASHINGTON) -- Members of the Congressional “super committee” received over $83,000 from lobbying groups in the three weeks after being appointed to make $1.5 trillion in budget cuts.

The 501(c)(3) non-profit Sunlight Foundation reported that 19 political action committees, or PACs, of organizations such as Lockheed Martin, the National Association of Realtors, Pfizer and Chevron gave to 10 committee members.

The super committee, officially called the Joint Select Committee on Deficit Reduction, is made up of six Democrats and six Republicans. It is tasked with approving at least $1.2 trillion in budget cuts as part of the deficit reduction deal passed by Congress in August.

Sen. Patty Murray, D-Wash., and Sen. Jon Kyl, R-Ariz., were the only members who did not receive contributions, according to filings from the Federal Election Commission.

The PAC of pharmaceutical company Pfizer reportedly gave the highest amount, $10,000, to super committee members.

Defense contractor Lockheed Martin contributed to the most super committee members: Rep. Dave Camp, R-Mich. ($2,500); the leadership PAC of Sen. John Kerry, D-Mass.; Campaign for our Country ($2,500); Rep. James Clyburn, D-S.C. ($1,000); and Sen. Rob Portman, R-Ohio ($2,000).

The majority of the committee’s gatherings have been private. The committee had its last public meeting Sept. 22 and they are scheduled to agree upon a plan by Nov. 23. Their plan will not have amendments in either chamber of Congress and will require only 51 votes in the Senate for approval, as opposed to the traditional 60 for cloture.

The committee members who had received contributions, or their PACs received donations, were:

1. Rep. Dave Camp, R-Mich.: $26,500

2. Rep. Xavier Becerra, D-Calif.: $15,000

3. Sen. Max Baucus, D-Mont.:$10,000

4. Rep. James Clyburn, D-S.C.: $9,000

5. Sen. John Kerry, D-Mass.: $8,930

6. Rep. Fred Upton, R-Mich.: $5,000

7. Sen. Rob Portma, R-Ohio: $4,500

8. Rep. Jeb Hensarling, R-Tex.:$3,000

9. Sen. Pat Toomey, R-Pa.: $1,000

10. Rep. Chris Van Hollen, D-Md.: $1,000

Copyright 2011 ABC News Radio

Tuesday
Sep272011

Facebook to Fund Candidates, Establishes PAC

NICHOLAS KAMM/AFP/Getty Images(WASHINGTON) -- Facebook doesn’t just want more friends. It wants more friends in high places.

The social networking firm filed paperwork Monday to establish a political action committee (PAC) that would direct funds to candidates running in the 2012 presidential election.

Facebook follows another Silicon Valley giant, Google, in establishing a PAC and comes on the heels of several social media companies becoming more involved in this election cycle, holding online town halls and sponsoring debates.

Corporations cannot legally contribute directly to a candidate. They instead create PACs that collect employee contributions voluntarily. Those contributions are then donated to candidates with positions usually favorable to the company.

“FB PAC will give our employees a way to make their voice heard in the political process by supporting candidates who share our goals of promoting the value of innovation to our economy while giving people the power to share and make the world more open and connected,” Facebook spokesman Andrew Noyes said in an email.

Tech companies are increasingly looking for new footholds inside Washington’s halls of power and new ways their offerings can influence the political conversation. Google co-sponsored the GOP debate in Florida last week, Facebook held a digital town hall Monday with Republican members of Congress, and LinkedIn, the jobs networking site, held a similar event with President Obama.

Facebook, which opened a corporate office in Washington, D.C., in 2007, has increasingly lobbied Congress on a wide range of legal and regulatory issues. Facebook has spent $500,000 on lobbying so far this fiscal year, according to the Center for Responsive Politics.

Facebook has yet to indicate which candidates the PAC will support.

Copyright 2011 ABC News Radio

Monday
Aug152011

Buddy Roemer Blasts GOP Candidates for PACs, Financial Secrecy

BuddyRoemer dot com(WASHINGTON) -- While his big-name competitors jockeyed for the spotlight in Iowa last week, Republican presidential candidate Charles Elson “Buddy” Roemer, III laid claim to New Hampshire, ribbing his peers at events across the state and banking his political future on voters who “live free or die.”
 
“It's the first vote. Iowa is a caucus, kind of manipulated,” Roemer, the 67-year-old former Louisiana governor told ABC News' Top Line. “You could vote in the poll there Saturday, [but] it costs you $35 to vote. You know, we made that against the law in America.”
 
“You don't have to pay a poll tax to vote. New Hampshire still lives free or dies,” he said. “It's where this race will be decided.”
 
Roemer, who has eschewed the role of big money in campaigns and accepts only donations of $100 or less, says his message resonates with voters in the Granite State, where he has spent the past 36 days blasting his Republican peers for running for office awash in cash.
 
“I challenge them: No PACs, no ‘super’ PACs. Set your limit at whatever you want to, but everything fully disclosed,” he said in a criticism that echoes that leveled by top Democrats and the Obama campaign. “No hidden deals. Come on, guys. Come on, ladies. We can turn this country around.”
 
Roemer appeared to be directing his criticism at front-runner Mitt Romney, who has raised more money than any other candidate while accepting donations from registered lobbyists, and is backed by the super PAC “Restore Our Future,” run by Romney’s friends.  Romney and all the Republican presidential candidates have refused to voluntarily disclose the names of their top fundraisers, or bundlers.
 
“I'm the only person running who has fought toe-to-toe with corruption in his great state of Louisiana, and I know the power of special interest money, and I think the reason that Michele Bachmann and Ron Paul have done so well is because they get their funds generally from average people,” Roemer said. “However, they both have formed special PACs, deliberately hidden from view without knowing who the donors are. They both take PAC money, so they're better than the other candidates, but they're not where they need to be.”
 
“This nation faces great challenges,” he said, “and a president needs to be free to lead.”

Copyright 2011 ABC News Radio

Wednesday
Aug102011

Stephen Colbert Tells Pro-Rick Perry PACs to 'Back Off'

Mike Coppola/Getty Images(WASHINGTON) -- Stephen Colbert sent a message to all the political action committees vying to become Rick Perry’s “super-PAC” Monday night, telling them, “Back off b*****s!  I saw him first!”

“I endorsed Perry weeks ago,” Colbert said in a segment Monday night.  “I already called shotgun though he may not have heard since people in Texas are always yelling shotgun, so hands off my Rick!  He’s the last donut on the office break room snack tray and I licked him.”

Since speculation has mounted about a Perry run, multiple grassroots groups have formed backing the Texas governor, including “Americans for Rick Perry,” “GrowPAC,” and the newest group “Make it Great Again,” which even sent an email telling potential supporters to ignore other groups claiming to be a super-PAC for Perry.

But to prove his commitment to Perry, Colbert vowed his super-PAC will air pro-Perry ads on the Iowa airwaves this Wednesday.

“Tonight I’m proud to announce that Colbert's super-PAC is releasing our first TV ad this Wednesday night in Des Moines, Iowa during all the local news broadcasts," he said.  "Check the local listings of commercials."

It looks like Iowans will have to tune into their local evening newscasts to see if Colbert’s gimmick becomes a reality.

The Texas governor will embark on a tour of the early state trifecta this weekend -- hitting South Carolina and New Hampshire on Saturday, followed by Iowa on Sunday.

Copyright 2011 ABC News Radio

Friday
Aug052011

Wealthy 2012 Contributors Use Outside PACs To Give Big To Obama and Romney

Photos.com/Thinkstock(WASHINGTON) -- What do you do if you've already maxed out your donations to President Obama and Mitt Romney? Give to their outside political action committees -- and give big.

According to an analysis by ABC News, about half the money given during the first six months of this year to Restore Our Future, a PAC set up to support Romney, came from donors who also gave the federal maximum of $2,500 to his campaign.

And the vast majority of the money flowing into the coffers of Priorities USA Action, a PAC whose goal is to help Obama get re-elected, was given by contributors who also gave the maximum to the Obama campaign directly.

Restore our Future and Priorities USA Action are technically independent entities, but their founders' make no secret that their mission is to help Romney and Obama win in 2012.

Both groups are so-called super PACs that can accept unlimited donations. They were set up by former Romney and Obama advisers and can spend money in support of both candidates, though they are not allowed to directly coordinate with the campaigns.

But the net effect is that they allow donors who support Romney and Obama -- but are limited to $2,500 in direct campaign donations -- to back the front runner for the Republican nomination and the incumbent president with unlimited resources.

Of the $12.2 million raised in the first six months of the year by Romney's allies in Restore Our Future, more than $6 million was given by Romney campaign donors. Of the 90 donations to the PAC, approximately 57 came from Romney donors (in some cases it is difficult to ascertain from the FEC report if identical names represent the same person.)

Copyright 2011 ABC News Radio







ABC News Radio