Swift Boat Alumns Ready 11th-Hour TV Campaign Against Obama

10/14/2008 05:12 am ET | Updated May 25, 2011

A new group financed by a Texas billionaire and organized by some of the same political operatives and donors behind the Swift Boat Veterans for Truth campaign against Sen. John F. Kerry in 2004 plans to begin running television ads attacking Barack Obama, a signal that independent groups may play a larger role than anticipated in the closing days of the presidential race.

The American Issues Project has amassed a multimillion-dollar fund, and the group is putting the final touches on an eleventh-hour campaign targeting the Democratic presidential nominee, sources said.

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