Tuesday, October 23, 2012

Report: Super PAC, House ad spending nearly on par

(AP) ? Outside political groups are spending nearly the same as congressional campaigns themselves in about two dozen competitive elections this year.

A study released Monday finds super PACs and other independent groups dropped about $24.8 million on ads affecting the 25 most-competitive House races. That's compared with about $24.9 million that the candidates' own campaigns have spent on the airwaves.

New York University's Brennan Center for Justice finds the phenomenon affects both Democrats and Republicans. It also finds Democratic candidates are more often reliant on donors who give in smaller amounts.

Super PACs are flourishing this election thanks to loosened rules that allow them to raise and spend unlimited sums of cash. Those groups and other nonprofits are driving the presidential election alone to cost about $2 billion.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2012-10-22-Campaign%20Spending-House/id-14e50a5b35c14cca9222534695176c75

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