Keyword: donors
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Rep. Michele Bachmann’s latest campaign finance report shows she has a strong network of small-dollar donors backing her presidential bid but, for now, she lacks the support of the big-money bundlers. The report, which covers April to June, showed that Mrs. Bachmann collected more than $4.2 million and had $3.6 million in the bank — putting her neck-and-neck with Texas Rep. Ron Paul for second place in the early money chase and in the rearview mirror of former Massachusetts Gov. Mitt Romney, who raised $18 million and has $12.7 million in the bank. With six months until the caucuses and...
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PHILADEPHIA (AP) — Even as President Barack Obama's re-election effort is powering toward an impressive early fundraising haul, campaign officials are trying to reassure donors who have concerns about a range of policy decisions and pace of change during Obama's first term. Some top donors and even members of Obama's campaign team say that to replicate the success of 2008, the president and his advisers must reassure the fundraising community on a number of issues, from regulations on Wall Street to the Middle East peace process to the president's refusal to endorse gay marriage. "It's not unfair to say the...
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AUSTIN — Two of Texas’ most powerful business leaders have mounted a late-hour push to derail an anti-illegal-immigration bill in the Legislature’s special session. Houston homebuilder Bob Perry (no relation) and HEB/Central Market grocery chieftain Charles Butt applied pressure Thursday to members of a House panel to block the “sanctuary cities” measure
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What did Obama supporters get for $35,800-a-plate at Thursday night’s DNC fundraising dinner at Manhattan’s swanky Daniel restaurant?The menu included Maine lobster salad with roasted beets, a duo of Black Angus beef, braised short ribs with spinach and roasted tenderloin with stuffed potato and hen of the woods.The wines poured: a 2009 Sandhi Santa Barbara Chardonnay ($28 per bottle according to the winery’s website) and a 2008 Copain Anderson Valley Pinot Noir Tous Ensembles (also under $30 per bottle according to pricing online.)For dessert, guests were treated to
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Through a nonprofit, private donors are expected to cover the $3,000-a-month rent, along with utilities and other expenses, on Gov. Jerry Brown's loft in Sacramento. Reporting from Sacramento -- Gov. Jerry Brown will look to a group of private donors — presently refusing to reveal their identities — to pay his rent at the luxury loft in downtown Sacramento where Brown and his wife live while in town. Donors are contributing to a nonprofit formed specifically to cover the costs of Brown's $3,000-a-month, 1,450-square-foot apartment. In the past, the practice of having private donors pay for the governor's residence has...
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While America as a whole slides toward unemployment and poverty, certain well-connected people are doing very nicely indeed. Consider Minority Leader Nancy Pelosi and her husband Paul. Kevin Bogardus of The Hill reports: House Minority Leader Nancy Pelosi (D-Calif.) saw her net worth rise 62 percent last year, cementing her status as one of the wealthiest members of Congress.Pelosi was worth at least $35.2 million in the 2010 calendar year, according to a financial disclosure report released Wednesday. She reported a minimum of $43.4 million in assets and about $8.2 in liabilities.For 2009, Pelosi reported a minimum net worth...
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The reach of Citizens United v FEC just got longer, if only temporarily. Relying on the controversial ruling, a federal judge in Virginia threw out part of an indictment against two men accused of secretly reimbursing donors to Hillary Clinton with corporate cash. Judge James Cacheris ruled that Citizens United established that corporations have a right to donate to political campaigns, as well as to spend their own money: A judge has ruled that the campaign finance law banning corporations from making contributions to federal candidates is unconstitutional. …Cacheris says that under last year’s Citizens United Supreme Court case, corporations...
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Washington— President Obama's Jewish fund-raising network is trying to calm uneasy donors who fear that his blueprint for Middle East peace would jeopardize Israel’s security. Although Obama's core fund-raising volunteers aren’t panicking, they say his outline for a peace deal has created unexpected obstacles that make it more difficult to meet short-term fund-raising targets. But many in the Jewish community remain worried about what the president said, what he meant and what it all means for Israel. In Philadelphia, a committee of about 30 Obama supporters is trying to raise about $3 million for an Obama fund-raising dinner set for...
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Jewish donors and fund-raisers are warning the Obama re-election campaign that the president is at risk of losing financial support because of concerns about his handling of Israel. The complaints began early in President Barack Obama's term, centered on a perception that Mr. Obama has been too tough on Israel. Some Jewish donors say Mr. Obama has pushed Israeli leaders too hard to halt construction of housing settlements in disputed territory, a longstanding element of U.S. policy. Some also worry that Mr. Obama is putting more pressure on the Israelis than the Palestinians to enter peace negotiations, and say they...
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Jewish donors and fund-raisers are warning the Obama reelection campaign that the president is at risk of losing financial support because of concerns about his handling of Israel. Some Jewish donors say President Barack Obama has pushed Israeli leaders too hard to halt construction of housing settlements in disputed territory, a longstanding element of U.S. policy. Some also worry that Mr. Obama is putting more pressure on the Israelis than the Palestinians to enter peace negotiations, and that the president has allowed relations with Israeli Prime Minister Benjamin Netanyahu to fray. One top Democratic fund-raiser, Miami developer Michael Adler, said...
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If senior journalist David Goldman is right, the correct word for describing the way a growing number of US Jews feel about President Barack Obama is not 'anger' but 'rage' – white-hot rage, at that, and a conviction that they have been swindled. Goldman, Senior Editor of First Things magazine and 'Spengler' columnist for Asia Times Online, spoke last week at a convention on intellectuals and terror at Ariel University in Samaria. In his lecture, he quoted a top Jewish campaign donor who used the word 'sociopath' to describe Obama. In an interview with Israel National News, he predicted a...
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WASHINGTON – The Internal Revenue Service is investigating five donors for making contributions to the kind of nonprofit groups that have become popular for spending millions of dollars on political ads in the past few years. The IRS is trying to determine whether the donors owe federal gift taxes for the donations, an agency spokeswoman said Thursday. The IRS did not name the donors or the nonprofit groups to which they contributed. But the agency's confirmation of an investigation could have a chilling effect on politically active groups that have become integral to campaigns for Congress and could play a...
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The president is about to order companies that do business with the federal government to disclose their political donations. President Obama has officially kicked off his 2012 re-election campaign, and don't Republicans know it. The president is expected any day now to sign an executive order that routs 70 years of efforts to get politics out of official federal business. Under the order, all companies (and their officers) would be required to list their political donations as a condition to bidding for government contracts. Companies can bid and lose out for the sin of donating to Republicans. Or they can...
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No one is immune from an audit, including President Barack Obama. The Federal Election Commission has begun an audit of Obama’s 2008 presidential campaign, according to Roll Call newspaper. The campaign, a record-breaking fund-raising machine that brought in nearly $750 million for then-candidate Obama, attributed most of its contributions to small-dollar donors. But the size of the haul almost guaranteed an audit would eventually occur.
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Barack Obama raised a record-shattering $750 million on his way to winning the 2008 presidential election. But that stunning flood of cash has triggered an investigation by the Federal Election Commission, which is taking a detailed look at the campaign's records and transactions. According to Roll Call, the audit of Obama's financial records began two years ago. It was not required by law, since the Obama campaign did not accept federal matching funds and funded itself entirely with private donations. But allegations of improper contributions, coupled with the FEC's suspicions of certain transactions, led to the probe. Obama recently officially...
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At Harlem Dinner, A Few Disaffected Donors Come Back to ObamaBy Reid Pillifant March 30, 2011 | 7:28 p.m President Obama is making progress. According to two sources who attended the "purposefully small" D.N.C. dinner at the Red Rooster in Harlem last night, a few of those much-discussed, dissident donors were among the 50 attendees who paid $30,800 to enjoy short ribs and cornbread, and chat amiably with the president. "There were people there who in the past have expressed frustrations, and one person who said, 'You know, I'm not going to support him for re-election,'" said one attendee. "Well,...
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Clinton Campaign Vows To Check Contributions Solicited by Supporter BRISTOW, Va. -- When Hillary Rodham Clinton held an intimate fund-raising event at her Washington home in late March, Pamela Layton donated $4,600, the maximum allowed by law, to Mrs. Clinton's presidential campaign. But the 37-year-old Ms. Layton says she and her husband were reimbursed by her husband's boss for the donations. "It wasn't personal money. It was all corporate money," Mrs. Layton said outside her home here. "I don't even like Hillary. I'm a Republican." The boss is William Danielczyk, founder of a Washington-area private-equity firm and a major fund-raising...
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Hundreds of major donors have abandoned the Republican National Committee, leaving it $20 million in debt and threatening its future as a central player in the 2012 presidential election. The RNC raised just $7 million from major donors for the midterm elections, one sixth as much as it brought in for the previous midterms, in 2006. By contrast, the Democratic National Committee raised $38 million from large donors for last fall's midterms, three times as much as for the 2006 elections, according to a Washington Post analysis of donor records. On Friday, when RNC members gather at National Harbor to...
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Obama's tax-cut deal upsets many major donorsSome say they will withhold funds for the next election. Even if they come around before the campaign kicks into gear, the initial backlash could hurt early Democratic efforts to counter GOP-allied groups. By Matea Gold, Tribune Washington Bureau 4:39 PM PST, December 9, 2010 Reporting from Washington President Obama's advisors are confident that liberals dismayed by his agreement to extend tax breaks for the wealthy will forgive him by the time the 2012 election kicks into gear. But the current backlash on the left may intensify the immediate challenge Democrats face in building...
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White House Refuses to Release Donors to David Axelrod's CharityBy John Cook In 1998, White House senior adviser David Axelrod co-founded a charity aimed at curing epilepsy, which his daughter suffers from. It raised $800,000 last year from corporate and private donors. The White House won't say who they are. **SNIP** David Axelrod has no current official affiliation with CURE, but the organization's press materials describe him as a "CURE father and co-founder," and his White House bio says he "helped found" it. Susan Axelrod serves as CURE's chair, an unpaid position. Any viewer of Fox News piece, which is...
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