Posted on 02/12/2016 4:29:47 PM PST by 2ndDivisionVet
AUSTIN -- The 2016 presidential election -- well on its way to clocking in as the most expensive in history -- is oozing with political cash from Texas.
Donors from Texas, long known as a vaunted piggy bank for White House hopefuls, plowed at least $88 million last year into the presidential race, according to a San Antonio Express-News analysis of federal campaign finance and IRS filings.
That includes money injected directly into about two-dozen individual campaigns and an army of roughly 30 allied groups that can raise and spend unlimited sums to support their candidate of choice.
Big money has dominated the narrative so far.
More than half of the Texas donations -- nearly $57 million -- have been given to unlimited-spending groups like super PACs, spawned by the U.S. Supreme Court's 2010 Citizens United decision, or to so-called 527 political groups, which are regulated by the IRS. The outside groups have already cashed around 85 individual seven- or six-figure checks from some of the wealthiest Republican wallets in the state...
(Excerpt) Read more at expressnews.com ...
Sad to see the MSM profiting so richly from this.
One good thing, Karl Rove is only getting money from one or two of the candidates.
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