(CNN) - Cory Booker raised an eye-popping $4.6 million over the past three months for his bid in the New Jersey special election for the U.S. Senate.
The Newark mayor's cash haul that was announced Thursday is the latest example of the skyrocketing costs of winning election or re-election to Congress.
Last year, winning Senate candidates spent an average of $10.3 million, according to the latest edition of Vital Statistics on Congress, which was released this week. That's a 62% increase, adjusted for inflation, since 1986. The report indicates that it took, on average, $1.6 million to win a House seat in 2012, a 344% increase since 1986.FULL STORY
Washington (CNN) - President Obama Friday nominated two major fund-raisers from his 2012 campaign as ambassadors.
He tapped Denise Bauer, who was finance chair for Women for Obama and raised more than $500,000 for the president's re-election campaign, as ambassador to Belgium. She was also a key fund-raiser for the president's 2008 campaign helping to bring in between $200,000 and $500,000 as well as raising $53,500 for the first inaugural. Bauer served on the campaign's national finance committee last election as well as on the Democratic National Committee.
Washington (CNN) - President Barack Obama Friday afternoon nominated several of his major financial backers as ambassadors to key European allies.
He nominated Rufus Gifford, who had served as finance chairman of the inaugural committee, as ambassador to Denmark. Gifford also was finance director of the president’s re-election campaign. That effort brought in more than $700 million partly by finding new ways of maximizing small donors.
(CNN) – New Jersey Gov. Chris Christie says he had some "pretty good fights" with Sen. Frank Lautenberg. But Lautenberg's death early Monday puts the Republican governor in a pretty good bind in replacing him.
"It's no mystery that Senator Lautenberg and I didn't always agree," Christie said Monday of the liberal Democrat. "In fact, it probably is more honest to say we very often didn't agree, and we had some pretty good fights between us over time - battles on philosophy and the role of government."FULL STORY
Washington (CNN) – As former Secretary of State Hillary Clinton embarks on her new career as a paid speaker, she joins a lucrative family business that already has earned her husband more than $100 million since leaving office in 2001.
And despite the sluggish economy, business is booming.
(CNN) - Mitt Romney may have lost the presidential race to President Barack Obama, but he can find some comfort in knowing that he beat at least 68 other Americans who received votes for president in November. In fact, 2.2 million voters cast their ballots for someone other than Obama or Romney, comprising 1.7% of the total vote.
Among those who received votes: Libertarian Party nominee Gary Johnson placed third with nearly 1.3 million votes; Green Party nominee Jill Stein placed fourth with more than 469,000 votes; and former U.S. Rep. Virgil Goode, the Constitution Party nominee, placed fifth with more than 122,000 votes.
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.
(CNN) - Rep. Charles Boustany defeated Rep. Jeff Landry in the final unsettled U.S. House race of the 2012 campaign on Saturday, according to unofficial election results from the Louisiana secretary of state.
The 2010 census cost Louisiana a seat, and redistricting led to the two Republican incumbents facing off in a head-to-head bid for re-election.
Charlotte, North Carolina (CNN) - He's not the oldest person attending the Democratic National Convention, but Stephen E. Sherman may be the most resourceful.
Although the California delegate survived the Great Depression, World War II, and segregation over the course of his 91 years, there was one little thing that almost prevented him from witnessing the renomination of the nation's first black president: the billfold containing his ID and convention credentials that he left sitting at home shortly before his cross-country flight.
Charlotte, North Carolina (CNN) - He has one of the most recognizable names in American politics, but there's a lot you don't know about Albert Gore, Jr.
For instance, he was a Green Beret and master parachutist in the Army with 91 jumps under his belt and the rank of colonel. He has a fondness for cigars and pipes, lit or unlit. And in 1998, he retired from a 51-year career as a Methodist minister.