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By Kent Cooper Posted at 10:11 a.m. on Sept. 20, 2013
Super PACs making independent expenditures in federal elections continue to receive individual contributions of hundreds of thousands of dollars.
The Club for Growth Action, a conservative Super PAC, reported it received $500,000 on 8/16 from Virginia James, a self-employed investor from Lambertville, New Jersey. Other large donors included Fred Young (retired), of Racine, Wisconsin, who gave $70,000 on 8/29; and Cary Katz, CEO of College Loan Corporation, from Las Vegas, Nevada, who gave $50,000 on 8/2.
In 2012, Virginia James gave $1.2 million to the Club for Growth Action. In 2010, she gave $350,000.
The PAC reported receipts of $683,770 and disbursements of $161,281 during August, leaving $1,408,457 cash on hand as of 8/31. During August the PAC spent $143,799 for independent expenditures against Sen. Mark Pryor, D-Ark.
To search detailed money-in-politics databases, visit Political MoneyLine.
Political MoneyLine is about following money in politics. It's a cash register for givers, receivers and those who want to watch the flow.
Kent Cooper has been uncovering and counting political money since 1972, when new disclosure laws took effect. He was assistant staff director for the Federal Election Commission's disclosure office for 22 years.
Tony Raymond was at the FEC for more than 20 years, analyzing reports and serving as the FEC's first webmaster.