Although the majority of super PACs file their
contribution and spending reports on a monthly basis, a handful of them
file quarterly, or every three months.
Quarterly filers turned in their reports to the Federal Election Commission this week, and they reveal that some of them had had an active summer.
A couple of liberal union-driven super PACs are among the quarterly filers, and they are raising money from their own groups and sending that money to other super PACs.
The NEA Advocacy Fund, the super PAC run by the public educators' union and entirely funded by its members' donations, has raised $7.8 million over the course of the year. The union gave the super PAC $3.3 million over the summer and it spent $3.3 million, mostly on local groups and issues.
Although the major liberal super PACS -- Priorities USA Action, House Majority PAC and Majority PAC -- are monthly filers, records show that they've received plenty of contributions this quarter. In fact, the UAW Education Fund, another super PAC that lists its union as its only donor, gave $1 million to Priorities USA Action and $700,000 to Majority PAC, both in mid-September. It also gave $25,000 each to House Majority PAC, Defend Our Homes, and Working for Us PAC. The latter two PACs typically spend their money opposing Republican candidates.
The UAW Education Fund still has $3.4 million cash on hand.
Read more: http://www.opensecrets.org/news/2012/10/active-unions-and-more-spending-les.html
Quarterly filers turned in their reports to the Federal Election Commission this week, and they reveal that some of them had had an active summer.
A couple of liberal union-driven super PACs are among the quarterly filers, and they are raising money from their own groups and sending that money to other super PACs.
The NEA Advocacy Fund, the super PAC run by the public educators' union and entirely funded by its members' donations, has raised $7.8 million over the course of the year. The union gave the super PAC $3.3 million over the summer and it spent $3.3 million, mostly on local groups and issues.
Although the major liberal super PACS -- Priorities USA Action, House Majority PAC and Majority PAC -- are monthly filers, records show that they've received plenty of contributions this quarter. In fact, the UAW Education Fund, another super PAC that lists its union as its only donor, gave $1 million to Priorities USA Action and $700,000 to Majority PAC, both in mid-September. It also gave $25,000 each to House Majority PAC, Defend Our Homes, and Working for Us PAC. The latter two PACs typically spend their money opposing Republican candidates.
The UAW Education Fund still has $3.4 million cash on hand.
Read more: http://www.opensecrets.org/news/2012/10/active-unions-and-more-spending-les.html
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