Super-PAC Cash Still Favors GOP

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Conservative super-PACs dominated their Democratic rivals in the latest round of fundraising, according to reports from the Federal Election Commission filed Monday.

Restore Our Future, a super-PAC supporting presumptive GOP presidential nominee Mitt Romney, brought in $7.5 million in July, finishing with an imposing $20.5 million in the bank. Top contributors include Texas homebuilder and super donor Bob Perry, who gave another $2 million.

Perry was already top donor to the group and the latest donation pushes his total to a whopping $8 million. Another major donor was the Renco Group, a family-owned investment company associated with billionaire investor Ira Rennert, which gave $1 million.

Conservative super-PAC American Crossroads brought in $7.1 million finishing the month with $29.5 million in the bank. Texas megadonor and billionaire Robert Rowling’s TRT Holdings, a private holding company that includes Omni Hotels and Gold’s Gym, gave $1 million. TRT also gave $1 million to American Crossroads in February. Rowling personally gave $1 million to the super-PAC in May and another $1 million in July.

Meanwhile, the Democratic super-PACs didn’t fare quite as well.

Priorities USA Action, which supports President Barack Obama, brought in $4.8 million in July, a hefty total but well short of the pro-Romney group. It finished the month with $4.2 million on hand, about a fifth as much as the Restore Our Future juggernaut.

Major July contributions include $1 million from Mel Heifetz, a Philadelphia-based real estate investor involved in gay rights; $750,000 from billionaire Jon Stryker, an advocate for saving the great apes of the world and a supporter of social justice issues; and $500,000 from Anne Cox Chambers, primary owner of media giant Cox Enterprises.

Majority PAC, the Democratic super-PAC aiming to elect Democrats to the US Senate, took in $2.4 million in July and finished with $3.5 million on hand. Its top contributor last month was the super-PAC Working for Working Americans, which gave $1 million.

House Majority PAC, the Democratic super-PAC aiming to elect Democrats to the US House, reported bringing in $764,000 in July. It closed the month with $4.6 million on hand. The month’s top donors include the International Association of Firefighters with $250,000 and the International Brotherhood of Electrical Workers with $350,000.

Former Ron Paul fan and super donor Peter Thiel gave another $1 million to the conservative super-PAC Club for Growth Action. The super-PAC took in $2.9 million in July and finished the month with $2.4 million.

Joe Ricketts, founder of TD Ameritrade, gave Ending Spending Action Fund, the conservative super-PAC he founded, $375,000. The super-PAC also got a $24,000 in-kind contribution from its sister nonprofit, Ending Spending Inc., which does not disclose its donors. The super-PAC brought in $400,000 in July and finished the month with $218,000.

Tea-party aligned super-PAC FreedomWorks for America brought in $539,000 in July and closed the month with $1 million on hand. Its affiliated, non-disclosing nonprofit, FreedomWorks Inc., was the super-PAC’s biggest contributor, providing $67,000 in in-kind contributions.

The Center for Public Integrity is a non-profit, independent investigative news outlets, for more of their stories go to www.publicintegrity.org.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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