the Influence Game: Number of PACs hits record

The number of groups contributing money to presidential and congressional candidates has soared to an all-time high with their strongest growth in a generation, reflecting the fervor over last year’s presidential race and a desire for access and clout when lawmakers tackle upcoming issues.

According to the Federal Election Commission, on Jan. 1 there were 4,611 political action committees, which are formed by companies, unions or other groups to raise and spend money to help presidential and congressional candidates. That was up 9 percent over the 4,234 that existed a year earlier.

Keep up with the latest Obama news and information with Amazon's 6" Wireless reading device. Amazon are offering the best deal online and are offering a special discount for a limited period. Click here to take advantage of this amazing special offer

Some Other Articles You May Enjoy

Post a Response