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Egyptian military aid still flying high
By Lindsay Young Dec 12, 2012 9 a.m.The planned delivery of 20 Lockheed Martin F-16 fighter planes to Egypt is the perfect symbol of iron triangles at work--special interests and their lobbyists, federal agencies and the lawmakers who fund them. But in the years since President Dwight Eisenhower delivered his warning about the inertia of defense contracts in 1961, the lobbying has only grown more sophisticated. The U.S. government gives Egypt foreign aid, which it uses to buy U.S. military hardware. Lobbyists for the Egyptian government and Lockheed Martin (they both used the same firm) arranged meetings between the buyer and the seller, between representatives of Egypt's military and the Defense Department and key members of Congress who provided Egypt with the U.S. taxpayer dollars--some $213 million--to pay for the planes.
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Jim DeMint's possible successors: influence profiles
By Keenan Steiner Dec 11, 2012 6:16 p.m.Rep. Tim Scott, the frontrunner to replace retiring Sen. Jim DeMint, owned an AllState insurance branch before being elected to congress. His biggest campaign donor has been the conservative Club for Growth.
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Why American Crossroads' millions weren't enough on Election Day
By Bill Allison Dec 10, 2012 11:56 a.m.American Crossroads, the super PAC whose success in the 2010 elections heralded a new era in big money in politics, came nowhere clost to matching that performance in 2012. Of the 30 largest outside spending groups that backed more than one candidate in the general election, it had the second lowest return on investment in the races in which it intervened. Despite having the second largest pool of money to play with among super PACs--it spent $104.7 million (only Restore Our Future, the organization backing Mitt Romney, spent more), in race after race it bet on the losing side, with the lone exception of former Sen. Bob Kerrey, who sought to reclaim a spot in the Senate he'd left in 2001.
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A look at online ads in the 2012 election
By Becca Heller Dec 7, 2012 3:12 p.m.Super PACs, trade associations and other nonprofit groups that made campaign expenditures spent roughly $46.1 million on web ads. Though the Obama campaign considerably outspent Romney's campaign on web advertising, outside Republican outside spenders ponied up nearly five times more on online advertising than liberal outside groups, according to independent expenditure filings with the FEC.
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The 2012 super PAC million dollar club
By Keenan Steiner and Jacob Fenton Dec 7, 2012 2 p.m.At least 156 people and entities gave more than $1 million to super PACs, according to an analysis of post-election campaign finance reports filed with the Federal Election Commission. See a list of the top 10 super PAC donors below.
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Tallying the Adelsons' $92 million
By Lindsay Young Dec 7, 2012 12:40 p.m.The Adelson’s have given a mind-blowing $92.28 million dollars to outside spending groups this election. The Casino mogul and his physician wife were the impetus behind Newt Gingrich’s primary campaign. After Gingrich left the race, donations to “Winning our Future” became donations to “Restore our Future” the pro-Romney group that the Adelson’s would give the most to, $30 in all.
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Wealthy two dozen: 24 super PACs that got the most last-minute money
By Jake Harper Dec 7, 2012 11:24 a.m.Twenty-four super PACs collected more than $1 million in contributions during the final weeks before the election, according to filings with the Federal Election Commission.
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Secret money fuels Freedomworks
By Jacob Fenton and Keenan Steiner Dec 7, 2012 10:37 a.m.New filings show that Freedomworks, the Tea party-aligned super PAC that's in the midst of a messy leadership breakup, got more than $12 million from two shadowy companies set up just this fall.
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Stealthy Wealthy: Donald Sussman, Rep. Pingree make strange bedfellows
By Anupama Narayanswamy Dec 7, 2012 9 a.m.In the five or so years since hedge fund manager Donald Sussman and Rep. Chellie Pingree, D-Maine, have known each other, the investment tycoon has made his mark in her state, becoming its top political donor in 2012 and a major backer to Democratic super PACs. He's also found ways to bankroll her campaign, while buying a controlling interest in the local papers that cover her district.
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Adelsons' $10 million checks revealed among last-minute campaign donations
By Jacob Fenton, Keenan Steiner, and Jake Harper Dec 7, 2012 12:23 a.m.Eye-popping checks from the Adelsons were among the more startling findings as campaign committees revealed their last-minute election donors.
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FEC considers whether company can solicit PAC contributions from its dealers
By Keenan Steiner Dec 6, 2012 6:49 p.m.Can Slim Jim solicit employees of 7-11 for donations to its political action committee?
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Snap Decision: DeMint leaves Senate for Heritage
By Kathy Kiely and Kathryn Lucero Dec 6, 2012 1:53 p.m.How sudden was Sen. Jim DeMint's surprise announcement Thursday that he'll be leaving his post to head the conservative Heritage Foundation? The Senate Office of Public Records confirms receiving a disclosure form that lawmakers and top staffers have to make when they are negotiating with a potential employer from the South Carolina Republican on the same day DeMint's new job was announced. Ethics rules require the forms to be filed when salary discussions are underway.
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Money in politics drives up U.S. corruption perception index
By Kathy Kiely Dec 5, 2012 4:06 p.m.
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Who benefited most from dark money in the 2012 election?
By Keenan Steiner Dec 5, 2012 3:42 p.m.Eighteen incoming members of Congress each got more than $1 million in dark money donations during their recent campaigns, but many more have reason to resent the stealthiest of campaign contributions, a Sunlight Foundation analysis has found. Dark money represents campaign contributions whose sources never have to be publicly reported. That's because the money is funneled through non-profit entities organized under a section of the tax code that protects them from having to name their donors. These kind of groups -- such as the pro-GOP Crossroads GPS and the pro-Democrat League of Conservation Voters -- have increased their electoral role in the wake of a series of court rulings that opened the door for unlimited corporate and union spending on campaigns. Nonprofit groups made more than $300 million of such donations during the course of the 2012 election cycle, the vast majority to influence the fall races.
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