California billionaire Tom Steyer is “extending his lead as the biggest super-PAC donor of the 2014 congressional elections.” Bloomberg Politics,
The California billionaire and climate-change activist gave $16 million more to his NextGen Climate Action Committee in the first two weeks of October, bringing to $57.6 million his aggregate donations to his organization. Steyer’s super-PAC, which made a filing yesterday with the Federal Election Commission, is opposing Republican candidates in some Senate and governors’ races…
A full accounting of giving by Steyer and other big donors isn’t possible because they can also donate big sums to nonprofit issue-advocacy groups that don’t disclose donors. Super-PACs, which must disclose donors, may accept unlimited donations to pay for so-called independent expenditures that aren’t made in concert with candidates’ campaigns.
Leave a Reply