via Dan Eggen and Phillip Rucker, The Washington Post Even as it bragged about beating President Obama in fundraising over the summer, Mitt Romney’s presidential campaign was so low on cash that it ended up engineering an unusual $20 million loan to meet expenses until the former Massachusetts governor was formally named as the Republican … Continue reading
via Nicholas Confessore and Michael D. Shear, The New York Times The fund-raising machine behind Mitt Romney and the Republican Party once again outperformed President Obama and the Democrats last month, raising $25 million more in July than the president and his Democratic allies. Mr. Romney and the Republican National Committee took in $101.3 million … Continue reading
via Dan Froomkin and Paul Blumenthal, The Huffington Post One of the most consequential campaign finance loopholes affecting the 2012 race — the one allowing big-money donors to secretly funnel millions into campaign ads — is now closed, after an appellate court ruling on Monday. In April, a district court judge struck down a Federal … Continue reading