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Updated Wednesday, Sept. 8, 11:42 a.m.
Campaign finance news
NRCC Expands Ad Reservations to $24 Million
The National Republican Congressional Committee on Tuesday added more than $2 million in television ad reservations in four Democratic-held districts that are increasingly viewed as vulnerable. The new targets are Pennsylvania Rep. Patrick Murphy, Oregon Rep.
Life Insurers Pick Kempthorne as New President
The American Council of Life Insurers has brought on former Sen.
Binnie Loans Another $500,000 to Senate Bid
Bill Binnie is continuing to dip into his personal fortune to help finance his New Hampshire Senate bid, although national Republicans continue to support his GOP opponent, Kelly Ayotte, in the race to replace retiring Sen.
Outside Groups’ Campaign Expenditures Have Doubled
Outside organizations have shelled out twice as much on ads and other electioneering activities to affect Congressional races so far during the 2010 election cycle as they did two years ago.
Unions, political parties and advocacy groups have spent more than $34.2 million on independent expenditures so far during this election, compared with less than $16.2 million at this time in the 2008 election, according to a CQ MoneyLine study of Federal Election Commission reports. Full story
Former NRCC Treasurer Pleads Guilty to Embezzling Funds
The former treasurer of the National Republican Congressional Committee pleaded guilty Friday to embezzling $845,000 from GOP campaign committees over a six-year period, during which he transferred cash from campaign accounts he controlled to his own bank account.
In a statement of offense filed Friday, Christopher J. Ward acknowledged that between 2001 and 2007, as treasurer of the NRCC and the committees created to run the annual President’s Dinner fundraiser, he “stole approximately $844,718 by issuing unauthorized checks and wire transfers from the NRCC and political committee that were clients of his business” for his personal benefit. Full story
Chamber Urges Extension of Bush Tax Cuts
The U.S. Chamber of Commerce called for an extension of the Bush tax cuts at its annual Labor Day briefing on Thursday. Full story
Rangel Drops Another $110,000 In Legal Fees
Rep. Charlie Rangel’s legal troubles are continuing to drain campaign money, as the New York Democrat’s attention is divided between the Sept. 14 primary and his looming ethics trial. Full story
GOP Committees Look to Outside Groups to Fund Fall Ground Game
Republican strategists wary of relying on a Republican National Committee beset by controversy are relying on third-party organizations to fund and manage crucial ground game operations for the midterm elections. Full story
Wisconsin: Johnson Outraises Feingold in Pre-Primary Period
Republican challenger Ron Johnson raised more money in July and August than Wisconsin Sen.
Alaska: Miller Getting Serious About Fundraising
Alaska Republican Senate hopeful Joe Miller has hired a prominent Washington, D.C., fundraiser to help fuel his general election campaign against Sitka Mayor Scott McAdams (D). Full story
Texas: Bell Gets $2 Million in Lawsuit Against RGA
Former Rep. Chris Bell (D) was awarded a $2 million settlement from the Republican Governors Association in the resolution of a campaign finance issue from the 2006 Texas gubernatorial race, the Houston Chronicle reported on Wednesday. Full story
Republicans Eye McCain’s Millions in Excess ’08 Funds
Sen.
Gulf Coast Coalition Tries to Woo Business to Region
Gloria Story Dittus can’t seem to get away from the Gulf Coast. Five years ago, she spearheaded a number of benefits for the region, which was reeling at the time from Hurricane Katrina. Full story
Dueling Pharmacy Groups Launch Fresh Attacks at Each Other
The lobby group for pharmacy benefit managers is accusing community drug stores of using a double standard for attacking them while at the same time objecting to federal plans to collect drug-price data for Medicaid. Full story
Magliocchetti Pleads Not Guilty to Campaign Contribution Charges
Paul Magliocchetti, founder of the PMA Group lobbying firm, pleaded not guilty Friday to charges he made hundreds of thousands of dollars’ worth of fraudulent campaign contributions to Members of Congress, the Associated Press reported. Full story
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