National: Who Benefits In Money Game, Democracy Or Donors? | NPR
There’s a new stimulus plan underway in America: $5.8 billion is being injected into the U.S. economy, particularly in states like Ohio, Virginia, Colorado and Florida. We’re talking of course about campaign spending, and this year’s elections will be the most expensive in history. In fact, by the time we all head to the voting booth on Election Day, nearly $6 billion will have been spent on campaigns — big and small — all across America. Much of that money will come from superPACs and other outside groups free to spend as much as they want, mostly on Obama and Romney ads. Pro-Republican groups are way ahead of pro-Democratic ones in raising that money, thanks in part to wealthy donors. According to New Yorker writer Jane Mayer, that has been President Obama’s Achilles’ heel — his aversion to cultivating wealthy donors for his campaign.