The election is not over yet, but super PACs already broke their fundraising record. They’ve collected over $1 billion in contributions, shattering the 2012 total of merely $853 million.
These super PACs want to influence both the congressional and presidential races. They are pumping millions into TV ads and other outreach tactics – and according to a Washington Post article, there is another wave of cash coming.
A full 20% of the $1 billion raised by these super PACs comes from ten incredibly wealthy individuals. They fall on both sides of the political aisle: 5 are Republicans, 4 are Democrats, and 1 is an independent.
Read the full Washington Post article here: https://www.washingtonpost.com/politics/how-10-mega-donors-already-helped-pour-a-record-11-billion-into-super-pacs/2016/10/05/d2d51d44-8a60-11e6-875e-2c1bfe943b66_story.html