House Democratic Super PAC raised $4.3 million in Q2

WASHINGTON Tue Jul 10, 2012 2:36pm EDT

U.S. House Speaker Nancy Pelosi (D-CA) (C) is flanked by Rep. John Larson (D-CT) (L) and Rep. James Clyburn (D-SC) (R) as she holds a news conference after a Democratic Caucus meeting on Capitol Hill in Washington, November 17, 2010.REUTERS/Jonathan Ernst

U.S. House Speaker Nancy Pelosi (D-CA) (C) is flanked by Rep. John Larson (D-CT) (L) and Rep. James Clyburn (D-SC) (R) as she holds a news conference after a Democratic Caucus meeting on Capitol Hill in Washington, November 17, 2010.

Credit: Reuters/Jonathan Ernst

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WASHINGTON (Reuters) - House Majority PAC, a "Super PAC" aimed at helping elect Democrats to the U.S. House of Representatives, said Tuesday it raised $4.3 million in the second quarter of 2012, a notable jump from the first three months of the year.

The figures released show that the "super" political action committee had more than $4 million left in cash on hand by the end of June.

In the first three months of the year, House Majority PAC raised $1.5 million, largely from labor unions, and had $1.7 million in cash on hand.

House Majority PAC reports its financials to the Federal Election Commission once every quarter and the official filing, disclosing new donors, is due by the end of the week.

Since March, earlier disclosures submitted because of the group's involvement in the Arizona special election and the California primary, showed that House Majority received another $115,000 from the American Federation of State, County and Municipal Employees.

Texas personal injury lawyer Amber Anderson gave $500,000 and hedge fund manager Donald Sussman doubled his earlier donation of $250,000, bringing his total donations to the group to $650,000. Cindy Harrell-Horn, wife of Walt Disney Studios' new chairman Alan Horn, also gave $100,000 to House Majority PAC, a filing in May showed.

House Majority is part of an alliance of outside Democratic spending groups formed to help the party withstand a multimillion-dollar offensive planned by their Republican counterparts.

Like any other Super PAC, House Majority PAC can raise and spend unlimited money to help Democratic candidates or attack rivals as long as it does not coordinate with official campaigns or party efforts.

Republican groups, vowing to pour hundreds of millions into the races, hope to unseat Democratic President Barack Obama in the White House, keep the Republican majority in the House and take control of the U.S. Senate.

"House Majority PAC is committed to marshaling the resources to effectively combat their efforts to promote and defend the House GOP's extreme agenda," Alixandria Lapp, the Democratic PAC's executive director, said in a statement.

The group, hoping to emphasize its grassroots support, said it received 3,489 online donations of $100 or less, averaging $27.81. A total of 3,412 donors gave to the PAC since March.

Democrats need a net gain of 25 seats to become the majority party in the House.

(Editing by Doina Chiacu)

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Comments (2)
justinolcb wrote:
they will need every penny to rent the moving vans ’cause Movin’ Day starts Nov 7 … jus’ sayin’ :)

Jul 10, 2012 12:30pm EDT  --  Report as abuse
flashrooster wrote:
Supposing the rich took over and began running our government, utilizing our Republic to enrich themselves. They made sure we had a system that allows a candidate to raise and spend as much as they want. So the–we’ll call them the underclass, since the term Middle Class has lost its meaning–underclass puts up their candidate, a great leader who is determined to take our government back for the people and to give the underclass a chance to better themselves and to thrive. Unfortunately, it’s impossible for our underclass champion to raise enough money to compete with the wealthy behemoth. So the underclass candidate is outspent 10 to 1. By the time the election rolls around the wealthy candidate has ground his opponent into a pile of corrupt, cowardly, disdainful lies. People aren’t crazy about the rich guy, but they’ve heard so many bad things about the underclass candidate that there’s no way they can vote for him. So once again the rich candidate wins on a lot of false promises and by denigrating his opponent.

Though there are some similarities between this abstract scenario and our current election, that was not my intention. My point is this. All you people who call yourselves patriots now have a chance to prove your mettle. Because the abstract scenario IS what we currently have except we don’t have a real champion for the 99%. Obama is much more so than Romney, but Obama’s hands are tied. Every President’s hands are tied, because whether or not they get elected and whether or not they can successfully serve the country is determined by money, and the few who have it. We’ve been swindled and we need to demand that these rich plutocrats take their filthy money out of our government and let our government start serving us again. It IS what we’re faced with today and fixing it won’t happen on its own. The only advantage we have are in our numbers, but unfortunately too many of us are brainwashed into thinking the plutocrats have our best interests at heart. Working Americans don’t deserve healthcare. Working Americans don’t deserve to be represented. Working Americans don’t deserve a good education. That kind of propaganda nonsense. We’ve facing the next American revolution.

Jul 10, 2012 2:23pm EDT  --  Report as abuse
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