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Pro-Obama super-PAC outraises Romney group

By Megan R. Wilson - 10/21/12 05:16 PM ET

Priorities USA, the super-PAC supporting President Obama, outraised GOP challenger Mitt Romney’s super-PAC in September, Federal Election Commission (FEC) filings show.

The pro-Obama group raised $15.3 million for the month. It’s the second straight month that Priorities USA topped Restore Our Future and their largest fundraising month to date.

Restore, the super-PAC supporting Romney, surpassed their fundraising totals from both July and August combined, with $14.8 million raised in September, but the total fell short of the Obama PAC’s efforts.

Priorities’s strong haul was aided by multiple seven-figure donors including producer Steven Spielberg, Dreamworks Animation Chief Executive Officer Jeffrey Katzenberg, and David L. Boies Jr., a New York-based attorney who fought to overturn California’s Proposition — which sought to define marriage as between one man and one woman.

Other notable donors to the pro-Obama super-PAC include Samuel Rawlings Walton, the grandson of Wal-Mart founder Sam Walton, who gave $300,000, and Matt Groening, creator of “The Simpsons,” who contributed $50,000. 

Priorities USA Action spent $12.8 million last month and still has $7.3 million cash on hand with a little over two weeks before election day.

In August, Restore Our Future spent $21.2 million to help the Romney campaign combat a blitz of ads from outside groups. In September, however, the group only spent $4.6 million.

The conservative super-PAC boosted their totals in September thanks to several six- and seven-figure donations, as well.

Joseph W Craft III, the CEO of Alliance Coal, LLC gave $500,000, which brings his total contributions to the group up to $1,000,000 for the election cycle.

Bill Koch’s company, Oxbow Carbon, gave $1,000,000 last month – bringing his donation total to $2,000,000 for the year.

— This story was corrected on Oct. 22 to reflect that Samuel Rawlings Walton gave $300,000 to Priorities USA Action. An earlier version of this story contained incorrect information from the initial FEC filing.


Source:
http://thehill.com/blogs/blog-briefing-room/news/263205-pro-obama-super-pac-outraises-romney-group

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