Washington (CNN) - Billionaire financier George Soros is committing $1 million to the Democratic leaning super PAC backing President Barack Obama's bid for re-election.
An official with Priorities USA Action confirmed the news, which was reported earlier Thursday by the New York Times and Politico.
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In May Soros donated $1 million to the left-leaning super PAC American Bridge. That donation marked the first major foray into the 2012 presidential race for Soros. He was a high-profile supporter of presidential candidate Obama in 2008, helping Obama raise a record amount of campaign cash.
Priorities announced earlier this month that it had raised $10 million in August, which was the largest haul to date for the super PAC, which was formed in the spring of 2011.
While the August fundraising figures were impressive, Priorities fundraising has lagged behind independent Republican groups such as American Crossroads, Crossroads GPS, Restore Our Future, and Americans for Prosperity (AFP), which are supporting GOP nominee Mitt Romney's campaign.
From CNN Politics
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Adelson committed $100 million of money from communist China, to help Mittens.
Oh boy. Now you've done it, CNN. You said the S-word. Here comes the hair-on-fire conspiracy blather from the tinfoil hatted Teatrolls...in 3....2....1.....
/popcorn
Easy come easy go. Obama/ Biden spends plenty on personal attack ads, so if you got more he can spend more. Just don't ask him to come up with a plan forward that is any different than the plan he just executed for 1.3% GDP growth, 8% + unemployment and $1 trillion a year new debt.
Dirty money...
mr soros thanks for supporting President Obama,you as a billionaire made a wise choice,you have enough common sense too see whats going on in this election
@ four I was going to say something snarky in response but suffice to say I will cancel your vote out in November!
The amount of money being spent on this election is ridiculous. To those who think that Dems only are doing attack ads are not really watching the ads. Mr. Romney and his PACs are spending millions to get the word out. The different is the Dems are doing so under their own names,. The Republican PACS are not. Why are these people afraid to let us know they are contributing? Could it be that these men and women want anonymity in case their candidate does not win. They can then say they supported the winning candidate? Do these people have lots of money in accounts outside of the USA? Are they CEo's of companies which have outsourced or sent manufacturing jobs out to other countries. The execs at Wal-Mart evidently give to these accounts. Of course, Wal-Mart imports huge numbers of items that are manufactured outside of the United Staes. Take a good look at the time and see where it is made. Don't try to tell us that Mr. Obama has sold us to the Chinese. We have done a very good job of doing that ourselves because so many items are imported form China.
maf
@ four I was going to say something snarky in response but suffice to say I will cancel your vote out in November!
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That's okay. We have plenty of friends to win this election. And with every Economic report that comes out Mitt looks better and better.
Ahh, the face of Socialism.
Thank you CNN for the courage to print this article. This is the guy pulling Obama's puppet strings. If America collapses he's the guy set up to make billions. OWS should be in front of HIS house, not on WS.
So it's OK for the KOCH BROTHERS AND ADELSON TO GIVE MILLIONS
BUT NOT SOROS...DAMN THESE RWNJ...
No surprise here. And that is the public figure. The true amount will never be revealed.
Where do you think Obama got his cash in 2008?
@Four and The Door -That's okay. We have plenty of friends to win this election. And with every Economic report that comes out Mitt looks better and better.
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Yeah. it sure is OK. No matter how you spin it, there's not going to be enough of your voting friends or bad economic data to make the Twit a viable candidate. Look at all the rats jumping off his little life raft. Heck, if he wasn't paying out bonuses, they'd all be gone. LOL !
Yup its just Mitt that is in bed with the millionaires. Weird that Obama has out spent Romney. Naw Obama just made that money from well meaning middle class people. Romney made his money stealing from the poor. Does anyone even think anymore......
Soros is the Prince of Darkness.
Love it!! Adelson has given a personal gift to MittWitt of 70 Million.
Wonder what kind of "gift" he expects from Romney.
One million seems SOOOO piddly!!
Money well spent I say!!!!!!!
Obama/Biden 2012
Adelson giving money to Romney instead of a corrupt lawyer he's under investigation with in Macao,China,can you say laundering dirty casino money...Soros giving publicly this time to Pres.Obama,he like other high profile millionairs,billionaires don't like the limelight so they give to the Super Pacs instead,its more private,secure ..Soros has donated more but speaking less,its different this time with Romney running ,he knows of Romneys dirty games and wants nothing about him known,total privacy....
The republicans spend their $ on five and dime ads. And under sudo names. Tbe Dems know exactly the group of ppl that will push thru on this election. Its the year of the WOMAN! girl POWER!
Soros has been fighting right along with all of us for common sense and decency in our government. He knows what the republicans have sunk to. If they are not lying and accusing others of what they are doing they are scheming up ways to regain power for the one percent. Republicans have the Koch brothers putting in millions of dollars to Romney. Soros steps up and doesn't try to hide like so many republican billionaires who won't disclose their names and how much they have given to get Romney elected.
Don't hate obama for rehire
Thank you Mr. Soros, we'll take that help!
Anti-Americans for comrade obama obama;
frank marshall davis – Posthumously
saul alinski – Posthumously
francis piven
anthony van jones
bill ayres
bernadine dorhn
rev wright
valarie jarrett
david axelrod
cass sunstein
andy stern
and the anti-American progressives on this site!!!
Time to vote comrade obam OUT!!!
Those righties who are just so put off by Mr. Soros and his wealth are going to have to change their tune. Mr. Adelson is going for $100 million to buy Mr. Romney the job.
I guess if you can't win based upon your candidate's credentials, or your party's platform you just BUY the election. Oh- don't forget to keep the unwashed from voting too.
Hooray! It's about time George came back to us. Thank you for supporting the President again. Very much appreciated.