What do you Mitt Romney's super PAC buddies want? HuffPost's Dan Froomkin reports, "Private equity or hedge fund moguls make up more than half of the top donors to Restore Our Future -- the PAC created by former Romney aides to supplement his official campaign with unlimited contributions. Six of them have given $1 million or more each.
The size of their checks, however, is dwarfed by what's at stake for them in November. There may be no other group whose future earnings are more in play, especially should President Barack Obama and congressional Democrats pursue their tax agenda more aggressively and effectively in a second Obama term.
If things don't go their way, they could be hard hit by increased taxes on the rich, a higher tax rate on investment income, and regulations that could expose their secrets and limit their leverage.
Most likely of all, however, they could see a sustained attack on one of the most blatant and exclusive loopholes in the tax code -- something called "carried interest" -- that happens to save them billions of dollars a year."
The Mitt Romney and Newt Gingrich super PACs reported big spending in Super Tuesday states today. Restore Our Future, the pro-Romney super PAC, reported $2.38 million spread across six states and a national cable ad buy. The pro-Gingrich group, Winning Our Future, reports $2.16 million spent in seven states.
The Rick Santorum super PAC is trying to cut into the massive disparity in spending that Santorum will face in Ohio against Romney and the Death Star (the Romney super PAC). Right now that spending disparity is 6-1.
A super PAC funded by donors with conservative leanings is plowing millions into unseating incumbent politicians facing tough primary campaigns.
Super PAC donors are familiar faces who are just giving more than ever.
The FEC deadlocked on yet another case, this time on the issue of whether corporate or union PACs, which can normally only solicit money from their employees or membership, could open a segregated super PAC account to solicit unlimited funds from the public.
Fred Wertheimer joins the discussion to explain how the criticisms of the media for linking Citizens United to super PACs are misleading and inaccurate.
The House Democrats raised more than $1 million in their "War On Women" fundraising drive.
Herman Cain's new gig: killing goldfish in dadaist super PAC ads.
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Committee: Restore Our Future
Candidate Opposed: Rick Santorum
Spot: "Own Words"
Market: OH, TN, OK.
Buy: ~$900,000.
Committee: American Bridge 21st Century
Candidate Opposed: Mitt Romney
Spot: "Mitt Romney's Ohio Flops"
Market: YouTube.
Buy: None. Just a web video.
Committee: Republican National Committee
Candidate Opposed: Barack Obama
Spot: "100 Fundraisers Later. What Did Obama Forget?"
Market: YouTube.
Buy: None. Just a web video.
Committee: Democratic National Committee
Candidate Opposed: Mitt Romney
Spot: "Having a small donor problem Mitt Romney?"
Market: YouTube.
Buy: None. Just a web video.
Committee: Democratic National Committee
Candidate Opposed: Mitt Romney
Spot: "What Mitt Romney Will Take Away From Women"
Market: YouTube.
Buy: None. Just a web video.
Committee: Dennis Kucinich for Congress
Spot: "The People"
Market: Ohio's 9th District.
Buy: Unknown.
Committee: Dan Liljenquist for Senate
Spot: "Too Big To Fail Mentality"
Market: Utah.
Buy: Unknown.
TRACKING INDEPENDENT SPENDING IN THE PRESIDENTIAL RACE:
These numbers represent spending by independent groups, like super PACs and non-profits, to support or oppose a particular candidate for the presidency in 2012. Fundrace will update this spending daily to help show which candidates are gaining from the proliferation of independent groups in this coming election.
Newt Gingrich (R), $8,759,382 to support, $17,942,276 to oppose. (+$2,262,047)
Rick Santorum (R), $4,937,367 to support, $9,043,514 to oppose. (Support: +$243,716, Oppose: +$2,386,666)
Mitt Romney (R), $2,216,953 to support, $5,837,462 to oppose. (+$2,003)
Rick Perry (R), $4,167,697 to support, $1,404 to oppose.
Ron Paul (R),$3,719,227 to support, $133,333 to oppose.
Jon Huntsman (R), $2,453,204 to support, $0 to oppose.
Barack Obama (D), $287,153 to support, $813,172 to oppose. (+$52,783)
Herman Cain (R), $501,717 to support, $954 to oppose.
Gary Johnson (R), $518 to support, $0 to oppose.
RECENT INDEPENDENT EXPENDITURES
Winning Our Future, $344,253 to support Newt Gingrich for President in Georgia.
Winning Our Future, $298,556 to support Newt Gingrich for President in Kansas.
Winning Our Future, $164,881 to support Newt Gingrich for President in Oklahoma.
Winning Our Future, $240,751 to support Newt Gingrich for President in Tennessee.
Winning Our Future, $307,831 to support Newt Gingrich for President in Ohio.
Winning Our Future, $324,347 to support Newt Gingrich for President in Mississippi.
Winning Our Future, $481,428 to support Newt Gingrich for President in Alabama.
Human Rights Campaign, $12 to oppose Rick Santorum for President.
Human Rights Campaign, $2,003 to oppose Mitt Romney for President.
League of Conservation Voters, $12,003 to support Jon Tester for Senate in Montana.
Restore Our Future, $451,641 to oppose Rick Santorum for President in Georgia.
Restore Our Future, $211,483 to oppose Rick Santorum for President in Oklahoma.
Restore Our Future, $429,520 to oppose Rick Santorum for President.
Restore Our Future, $202,755 to oppose Rick Santorum for President in Mississippi.
Restore Our Future, $281,182 to oppose Rick Santorum for President in Ohio.
Restore Our Future, $378,937 to oppose Rick Santorum for President in Alabama.
Susan B. Anthony List, $242,445 to support Rick Santorum for President.
Campaign to Defeat Barack Obama, $52,783 to oppose Barack Obama for President.
Campaign for Primary Accountability, $15,950 to oppose Jean Schmidt for Congress in Ohio's 2nd District.
National Rifle Association of America Political Voter Fund, $13,514 to support Orrin Hatch for Senate in Utah.
Susan B. Anthony List, $1,271 to support Rick Santorum for President.
League of Conservation Voters, $10,020 to oppose George Allen for Senate in Virginia.
RECENT POLITICAL ACTION COMMITTEE REGISTRATIONS
The American Foundations Committee Inc, Louisburg, N.C., Treasurer: David Satterfield. (Super PAC)
VPGC PAC, Hinton, Va., Treasurer: Susan L. Hottel.
FNB PAC, Hermitage, Penn., Treasurer: Charles C. Casalnova.
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