July 21, 2012 President Obama's campaign committee reported more cash-on-hand than Mitt Romney's in Friday's monthly report. But Obama's campaign spending far outstripped fundraising in June. Meanwhile, financial support for Romney has been flowing in from many different places.
July 16, 2012 Republican Mitt Romney's presidential campaign says a recently formed arm of the organization collected $140 million during a three-month period this spring, mostly from high-end donors. The analogous arm of President Obama's re-election drive took more than a year to raise $185 million.
June 25, 2012 The justices say a state law cannot supersede its 2010 Citizens United ruling, which let corporations deploy their money to help or attack specific candidates. Montana had argued that a history of corporate-financed corruption in state government should let tough state laws remain in force.
June 19, 2012 Groups such as Crossroads GPS, which has run ads attacking President Obama on many issues, can't make politics their primary purpose. That's because they are classified as social welfare organizations, or 501(c)(4) groups, under the tax code. But political scientists say the line between issue ads and express advocacy has almost been erased.
June 7, 2012 Outside groups are playing a powerful role in the presidential election, and some of them disclose nothing about their donors. That's despite what the author of the Supreme Court's controversial Citizens United ruling seemed to anticipate two years ago.
May 28, 2012 After winning the 1992 America's Cup race, Bill Koch — the brother of billionaire industrialists David and Charles — treated all 260-plus people on the team, plus their families, to a trip to Hawaii. Now, the lesser known Koch brother has entered the presidential derby big leagues with a $2 million donation to the superPAC supporting Mitt Romney.