Friday 30 September 2011

What Special Interests are Bankrolling the 2012 Presidential Candidates?


By: Michael Beckel & Brad Hooker (opensecrets.org)

Last month, most presidential candidates released their first fund-raising reports in what's likely to be the most expensive presidential election in history and the first in which neither majority party candidate participates in the nation's public financing system.

So how do the major candidates stack up in terms of who is bankrolling their campaigns?

A new Center for Responsive Politics analysis shows that former Massachusetts Gov. Mitt Romney has raised more than 25 percent of his funds this year from the finance, insurance and real estate sector. That's $4.65 million from the financial sector out of $18 million in overall receipts. FULL STORY

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