ending spending action fund

Millionaires Keep Shoveling Money Into Politics

The flow of money into politics continues with a steady stream of large contributions from millionaires and wealthy donors.  

Recent financial reports from Super PACs, showing May activity, disclose several large contributions. For example, American Crossroads , a Republican-oriented Super PAC reported receiving $1 million from Paul Singer , President and CEO of Elliott Management Group (NY); $200,000 from Ruben Martin , President and CEO of Martin Resource Management Corporation (TX); $100,000 from James MacDougald , chairman of Westshore Ventures (FL); and $100,000 from Geoff Palmer , owner, G.H. Palmer Associates (CA). The Super PAC had receipts o $1.66 million during May, and has $4.6 million cash on hand as of May 31st.  

Republican Super PAC Spends Against Republicans

The war chest of a Republican-oriented Super PAC has been filled by three donors giving hundreds of thousands of dollars in March, but the funds are being spent against a Democrat and several Republicans.  

Ending Spending Action Fund , the super PAC of a 501c4 non-profit organization, reported it had receipts of $1,350,000 and disbursements of $375,438 during the first quarter of the year, leaving $977,621 cash on hand as of March 31st.