Washington (CNN) – The 2012 campaign was expensive. Like, twenty-eight Boeing 787s expensive. Or seventy private islands expensive. Or 50 billion polio vaccines expensive.
In total, candidates, parties and outside groups spent $7 billion during the 2012 election cycle, a record breaking – though not surprising - figure for campaign expenditures, according to the Federal Election Commission.
Washington (CNN) – More than four years after suspending her 2008 presidential bid, now-Secretary of State Hillary Clinton has finally paid off her campaign debt.
Clinton's presidential organization spent the final day of 2012 paying down the remaining debt, according to documents filed with the Federal Election Commission late Tuesday.
Washington (CNN) - The major super PAC backing Mitt Romney, Restore Our Future, spent almost $21.2 million last month – three times more than the $7 million it raised. The figures were contained in the group's monthly report filed Thursday with the Federal Election Commission.
Overall the group reported it has just under $6.3 million cash on hand.
(CNN) – President Barack Obama's re-election campaign filed a complaint Tuesday, claiming a conservative group founded by Karl Rove is in violation of election law by not disclosing its donors.
In a letter to the Federal Election Commission, a lawyer for Obama's campaign argued that Crossroads GPS is a political committee–not a charitable organization–and therefore should meet disclosure requirements.
New York (CNNMoney) - Insurance giant Aetna inadvertently disclosed more than $7 million in donations to conservative political groups in a regulatory filing made earlier this year, according to a Washington-based advocacy group.
Documents obtained and distributed by Citizens for Responsibility and Ethics in Washington show that Aetna made a $3 million donation to the American Action Network and a $4.05 million donation to the U.S. Chamber of Commerce in 2011.FULL STORY
(CNN) – Republican presidential candidate Buddy Roemer became the first 2012 contender eligible to receive matching funds from the Federal Election Commission, according to a statement from the FEC Friday.
Eligibility is based on candidates raising $100,000 through collections of $5,000 in 20 different states in amounts no greater than $250 from any individual. Having reached the benchmarks, the Roemer campaign is able to receive $100,000 from the United States Treasury and submit additional contributions for matching funds each month.
Washington (CNN) - Former presidential candidate John Edwards will have to pay back over $2 million in federal matching funds given to his 2008 campaign for president, the Federal Election Commission ruled on Thursday.
The commission voted 6 – 0 against Edwards and contends his campaign was in "excess of the Candidate's entitlement."
(CNN)-Former Delaware U.S. Senate candidate Christine O'Donnell received news she'd been hoping for late Friday. Cleta Mitchell, an attorney for O’Donnell, confirmed to CNN that a federal probe of her campaign has been closed.
“Just got word US Attorney slammed the door shut on CREW’s baseless complaint against me,” O’Donnell tweeted.
Washington (CNN) – It was no joke Thursday at the Federal Election Committee hearing as Comedian Stephen Colbert gained approval to start his "superPAC" by a 5-1 "media exemption vote."
But in the crowd outside the FEC's headquarters following the vote it was clear the host of "The Colbert Report" on Comedy Central had a straight-faced delivery and this matter of election fundraising regulation had some laughing – and throwing money.
Washington (CNN)– Former Delaware Republican senatorial candidate Christine O'Donnell is hailing the Federal Election Commission's dismissal of a complaint lodged against her right before she captured her party's nomination and is asking for donations to help her mount a strong defense against other allegations.
In what O'Donnell now calls "a sort of Hail Mary pass in act of desperation," the former chairman of the Delaware Republican party lodged the complaint accusing her and the Tea Party Express, a group of tea party activists who had endorsed her and had staged an event to support her candidacy, of illegal coordination breaking FEC regulations.