“How 10 mega-donors already helped pour a record $1.1 billion into super PACs”

Super PACs seeking to influence the 2016 elections have collected more than $1 billion, a record haul driven by jumbo-sized contributions from rich donors on both sides of the aisle.

Just 10 mega-donor individuals and couples contributed nearly 20 percent of the $1.1 billion raised by super PACs by the end of August, according to a Washington Post analysis of federal campaign finance reports. The total exceeds the $853 million that super PACs collected in the entire 2012 cycle.

In a reflection of how once-reluctant Democrats have fully embraced the big-money system, the top givers were split roughly equally along party lines, with five Republicans, four Democrats and one independent, former New York mayor Michael Bloomberg.

In the article David Keating pulls out the old “But Jeb Bush” canard.  See my Money Can’t Buy Jeb Bush the White House But It Still Skews Politics, or my book, Plutocrats United.

 

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