Donations to pro-Romney super PAC slowed with primary season
Washington (CNN) – While Mitt Romney’s major challengers suspended their campaigns and the primary season essentially ended in April, donations to the super PAC supporting Romney's candidacy and its spending slowed down as well, according to a monthly financial report filed Sunday with the Federal Election Commission.
Restore Our Future brought in $4,608,000 in donations in April and spent $2,852,000, compared to March when the PAC received $8,680,000 in donations and spent $12,722,000.
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The group ended April with $8,210,000 cash on hand, which is more than the $1.5 million it had at the beginning of the month.
Bob Perry, a Houston, Texas homebuilder and donor to major Republican groups was one of the notable contributors. He gave $750,000 to Restore Our Future in April bringing his total donations to the group to $3.75 million. Harold Hamm, an energy adviser to Romney, gave his first donation of $985,000 to Restore Our Future last month. Hamm is listed by Forbes as the 30th richest person in the United States and is CEO of Continental Resources. Investment manager John Kleinheinz also donated for the first time. He gave $1 million to the PAC.
One notable person still not on the list was Nevada casino owner and billionaire Sheldon Adelson. Adelson and his family contributed more than $20 million to Winning Our Future, the super PAC backing Newt Gingrich and almost single handedly kept the group alive before Gingrich suspended his campaign. As CNN previously reported, Adelson indicated he would support the eventual Republican nominee. Some financial supporters of Romney met with him in March to urge him to financially back the former Massachusetts governor.
Last month Adelson told Las Vegas Sun political columnist Jon Ralston he wanted to become less visible in the political world and that references to him being a mogul at the time of his donations were “not helpful to that person.”
When asked if he was going to give to the Republican super PAC American Crossroads or its non-profit affiliate Crossroads GPS, he initially would not answer. Later, he told Ralston "I'm going to give one more small donation - you might not think it's that small - to a super PAC and then if I give it will be to a C4," referring to 501(c)(4) non-profit groups, such as Crossroads GPS, which are not required to disclose their donors. Adelson refused to say if his “small” donation reference was to Restore Our Future.
"I'm not going to tell you ... you'll find out when it's reported," he said.
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The Romney PAC should be called "Destroy Our Future."
when capitalist countries are all begging communist china to invest in there countrys the romney style of doing things is out dated
People are starting to realize he's not the candidate he was in the beginning,all lip service,no real ideas,much like his republican cohorts on Capital Hill.His corporate masters will keep his monies coming in till they see the incumbent is really the only adult in this campaign and then they'll start turning away saying enough is enough,its over!!!You'll see it starting after the first real public debate,Romney can't flip flop there,no lip service wanted here,only cold hard facts,something Romneys hasn't run on since the primaries,just political spins and gaffs,he's a pro on those..So if your republicans,save your money, its really not worth the cover charge to see this clown Romney under any big top,especially 1600 Pennsylvania Ave,that's Pres.Obamas address,that's right,he definitly won't be there,maybe only there for Baracks autograph!!!
Bob Perry, a Houston, Texas homebuilder and donor to major Republican groups was one of the notable contributors. He gave $750,000 to Restore Our Future in April bringing his total donations to the group to $3.75 million. Harold Hamm, an energy adviser to Romney, gave his first donation of $985,000 to Restore Our Future last month. Hamm is listed by Forbes as the 30th richest person in the United States and is CEO of Continental Resources. Investment manager John Kleinheinz also donated for the first time. He gave $1 million to the PAC.
One notable person still not on the list was Nevada casino owner and billionaire Sheldon Adelson. Adelson and his family contributed more than $20 million to Winning Our Future, the super PAC backing Newt Gingrich and almost single handedly kept the group alive before Gingrich suspended his campaign. As of today Gingrich is millions in the hole .
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Why can't these wealthy individuals just pay a little more in taxes They sure are wasting a lot of money on influence.
The amount these super Pac's spend is sickening !
Why waste money on a losing horse? Nobody really is excited about wanting to be alexithymic Mitt's VP either.
Ron Paul is not only still in the race but he is winning. How about we get the truth for once.
Let the Koch brothers and the other fat-cats pay for it all. Why not? They're going to own Mitt Romney if he wins. Republicans don't plan anything to help the working people – so why should they pay for Romney's election?
Romeny will NOT be elected and the repubs know it.
Super PAC for a super chump. Watch out people read ny times article on Romney and what a religious freak he is. I'm so tired of these republicans saying how god told them to run for political office.
Make no mistake about it, the money is going to come pouring into Romney's campaign. The financial companies want to do away with the financial reform. The oil companies want to do away with regulation and the fuel standard. The tea party haters are burried in their hatred for Obama that they are willing to give anything to defeat Obama. At the end, those driven by hatred and those driven by the desire to do away with all regulations will be defeated. Their money will not be enough.
Wire Palladin, S. F. "Typical conservative spending money he did not have. Been there with Bush, nothing new here."
And we've been there with Obama who has set extended the entire country into debt far beyond what Bush ever did. The hypocrisy of liberals is amazing!
Hey Mitt, you propose to cut your own taxes and the taxes of your estate.
So who is supposed to pay the additional 100 billion in defense spending that you propose?
Hey Mitt, did you take tax amnesty for foreign accounts?
There is too much money involved in politics already. It just poisons the process.
Maybe the CHECKS like THE TREES IN MICHIGAN, were NOT the right SIZE !!
I am pretty sure the rich and the mormons would soon flood his coffers to bain America
Mitt McCain is l toast in Nov.
I do not give a dime to this "Bain Capital". To ship jobs to china, get illegals into USA, evade taxes, nonsense.
The number one issue the PUBS have – and they will do again – is "wasteful spending" – or running things without paying for it first (like the two wars and tax breaks for the rich) – What a waste of money on a candidate that is going to FLIP-FLOP until he DROPS in November.
Obama 2012 – The Only Trusted Way Forward!