Political Hotsheet

Super PACs reveal big donors

CBS

Updated 6:30 p.m. ET

Like candidate, like super PAC.

The super PAC supporting Mitt Romney's candidacy, "Restore Our Future," raised $30 million in 2011, placing it far ahead of other independent groups created to back other presidential hopefuls. The donations, many of which came from the financial sector, included $1 million each from seven individuals or companies in the last six months of last year.

Restore Our Future's end-of-year filing with the Federal Election Commission on Tuesday - after Romney had made his victory speech in the Florida primary - showed that in addition to the $12 million the super PAC raised between last January and June (and previously reported), it raised another $18 million between July and December.

The super PAC spent only $6.5 million in 2011, leaving $23.5 million cash on hand entering 2012.

Continue »

Super PACs unveil financial activity

CBS

NEW YORK -- Today is the day the curtain is being drawn back on the "super PACs" spending unprecedented money on the presidential stage.

Super PACs, the independent political action committees formed to benefit a single candidate, are disclosing their 2011 end-of-year totals for both fundraising and spending, activities they can pursue without limits, as long as they are not coordinated with the candidates. The super PACs have collectively spent more than $44 million during Campaign 2012, according to the Center for Responsive Politics.

Of the 277 active super PACs registered with the Federal Election Commission, the one whose report that will perhaps bear the most scrutiny is that of the pro-Mitt Romney group "Restore Our Future." Disclosures already made to the FEC reveal that super PAC has spent $17 million -- primarily on TV advertisements attacking his leading rival for the Republican nomination, former House Speaker Newt Gingrich. In its previous required FEC filing six months ago, Restore Our Future reported raising $12.2 million through June 2011. It did not spend significant sums until it blitzed the Iowa airwaves starting in late December with a slew of anti-Gingrich ads.

The former Massachusetts governor's actual campaign had spent more than the super PAC -- $29 million -- before the primaries in South Carolina and Florida, where it has dumped millions more. The campaign raised $56 million in 2011 and had $19 million cash-on-hand, it announced on January 11.

Liberal super PACs exploit loophole to keep donors unknown

Continue »

Florida small biz owners eye primary

When Paramount Performance Marketing, a printing plant in Jacksonville, Florida, closed last month after a century in business, owner Jon Cummins laid off his last 24 employees.

/ CBS News

JACKSONVILLE, FLA. (CBS) - When Paramount Performance Marketing, a printing plant in Jacksonville, Florida, closed last month after a century in business, owner Jon Cummins laid off his last 24 employees.

"The overall business level was down for a very long time, and we did not know when it was coming back, and the work that was out there - everybody was bidding at much lower dollars than they used to, so you could be doing as much work as you did before for less margins," Cummins said in an interview.

He blames the effects of the recession for his business failure, but he says onerous federal government regulations did not help. Despite a sterling safety record, his plant received a the surprise visit from Occupational Safety and Health Administration last year.

"Basically came here and shut us down for two days as they interviewed every single employee and went through every nook and cranny and came up with a list of things that they felt were violations," Cummins said. The visit resulted in almost $5,000 fines.

With his printing presses idle and ready for sale, Cummins agreed to let the Romney campaign stage a rally with his plant as a backdrop this week, so Cummins himself would get the chance to meet the candidate.

"I'm definitely hoping that the economy turns around whoever is in the White House," Cummins said.

Continue »

Is America ready for a Mormon President?

Republican presidential hopeful Mitt Romney speaks during a campaign appearance on Hilton Head Island, S.C., Jan. 13, 2012.

/ AP Photo/The Island Packet, Jay Karr

(CBS) COLUMBIA, S.C. - Mitt Romney faced down the question of whether America is ready for a Mormon President on Friday night in Hilton Head, South Carolina. During a town meeting, supporter Betty Treen took the microphone to ask the former Massachusetts Governor point blank about his faith.

"I am for you, but I need to ask you a personal question: Do you believe in the divine saving grace of Jesus Christ?" A murmur could be heard in the crowd in the few seconds it took Romney to get the microphone back.

"Yes, I do," Romney began, as the crowd erupted into applause led by home state governor Nikki Haley, who was on stage with the candidate she has endorsed.

Continue »

Pro-Santorum Super PAC skips N.H. ad buys

"Pride," an ad supporting GOP candidate Rick Santorum from the Red White and Blue Fund, a Super PAC.

/ Red White and Blue Fund
The insurgent campaign of Rick Santorum will be on its own in the Granite State. The Super PAC working to boost his candidacy - the Red White and Blue Fund - will not be spending any money to help Santorum in the first-in-the-nation New Hampshire presidential primary.

But the PAC is on the airwaves in South Carolina, where Republicans vote in two weeks.

The Red White and Blue Fund spent $525,000 on television ads in Iowa, according to expenditure disclosures to the Federal Election Commission, helping fuel Santorum's drive to a very close second place in the Iowa caucuses.

Watchdogs file complaint over Perry ads

AP

Updated 1:38 p.m. Eastern Time

Following the airing of our second CBS Evening News spot on Super PACS on Saturday Dec. 15, showing three instances where identical TV footage appeared in a pair of ads that is supposed to be uncoordinated, Democracy 21 and the Campaign Legal Center have filed a complaint with the Federal Election Commission against the Perry presidential campaign and a Perry-Supporting Super PAC Make Us Great Again. 

The complaint submitted Thursday asks the FEC to investigate possible violations of campaign finance law, asserting the belief that the Super PAC gave video footage to Perry's campaign without charge. Such a gift of video footage would be an in-kind "contribution" from Make Us Great Again to RickPerry.org likely exceeding the $2,500 candidate contribution limit and violating the outright ban on Super PAC contributions to candidates, according to Democracy 21 and the Campaign Legal Center.

Continue »

Unlimited campaign cash fuels "Super PACs"

Super PACs blur the lines of campaign finance

The Super PAC is redefining the way money is raised and spent this campaign season. They can raise unlimited funds, but are not allowed to funnel money directly to a candidate or coordinate their activities with a campaign.

NEW YORK (CBS) - Even before it had filed its paperwork with the Federal Election Commission, a "Super PAC," or political action committee, supporting Texas Governor Rick Perry for president was filming his announcement speech in Charleston, South Carolina.

As Perry tossed his cowboy hat into the presidential ring, the group Make Us Great Again (MUGA) was documenting those early images of Perry, a formidable fundraiser and the nation's longest-serving governor, shaking up the Republican presidential field.

While the Perry campaign raised $17 million between his August 13 announcement and the end of September, it is unknown how much cash MUGA has raised since registering with the FEC on September 29. What is publicly known, due to mandatory expenditure disclosures with the FEC, is that MUGA has spent $1.5 million producing and buying air time for television ads, including "Conservative," a warm and fuzzy 30 second spot.

Continue »

Will Mississippi vote for "personhood?"

Christi Chandler, left, and Stacy Hawsey, both of Madison and supporters of the Personhood Amendment promote their initiative as they waver signs at drivers in the midst of last minute campaigning Tuesday, Nov. 8, 2011 in Madison, Miss. The Mississippi measure that would define life as beginning at conception was given a decent chance of approval. Passage would be the first victory in the country for the so-called personhood movement, which aims to make abortion all but illegal. Similar attempts have failed in Colorado and are under way elsewhere.

Christi Chandler, left, and Stacy Hawsey, both of Madison and supporters of the Personhood Amendment promote their initiative as they wave signs at drivers in the midst of last minute campaigning Tuesday, Nov. 8, 2011 in Madison, Miss.

/ (AP Photo/Rogelio V. Solis)

JACKSON, Miss. - Mississippi voters Tuesday will decide on Initiative 26 - the personhood amemendment - which would declare that life begins at fertilization. CBS News correspondent Randall Pinkston reports the vote could set a precedent for the nation.

Continue »

Rick Perry enters 2012 race with Obama broadside

Texas Gov. Rick Perry, surrounded by his family, waves to the crowd after announcing his run for president, Saturday, Aug. 13, 2011 in Charleston, S.C.

/ AP

Updated 4:10 p.m. ET

CHARLESTON, S.C. and AMES, Iowa -- Texas Governor Rick Perry announced his bid for the 2012 Republican nomination in South Carolina on Saturday with a speech grounded in attacks on President Obama for "downgrading" America.

"It's time to get America working again," Perry told 700 conservative activists packed into at Charleston hotel ballroom. "Page one of any economic plan to get American working is to give a pink slip to the current residents in the White House."

In South Carolina, host to the nation's third presidential primary, Perry vowed to apply what has worked in Texas during his ten years as governor to Washington - balancing the budget and cutting government spending.

"America is not broken, Washington, D.C., is broken," Perry said.

Continue »

The Trump tease

Donald Trump

/ Andrew H. Walker/Getty Images

Prospective Republican presidential candidate Donald Trump told a Florida crowd last weekend, "If I run and win, our country will be respected again."

Making only his second public political appearance of the nascent 2012 presidential election cycle -- the first was February's Conservative Political Action Committee conference in Washington, D.C.--the real estate mogul, book author, and "reality TV" host promised, "I will create jobs, I will bring jobs back home."

Trump's well-received weekend speech at the anti-tax Tea Party rally in Boca Raton--on the eve of this year's federal tax filing deadline--came as Trump's flirtation with a White House run reaches a fever pitch.

Though he hasn't launched an official campaign committee, like former Massachusetts governor Mitt Romney or former Minnesota governor Tim Pawlenty did in recent weeks, and as former House Speaker Newt Gingrich is expected to do in the coming weeks, Trump says he envisions his name on 1600 Pennsylvania Avenue.

On the grounds of his Palm Beach estate Friday night, Trump told reporters his motivation was to see Barack Obama removed from office.

Continue »

Unsealed KSM indictment gives little new evidence

Attorney General Eric Holder gestures during a news conference at the Justice Department in Washington, Monday, April 4, 2011 AP Photo/Jacquelyn Martin
This analysis was written by CBS Evening News Producer Phil Hirschkorn

As part of its decision to try self-proclaimed Sept. 11 mastermind Khalid Sheikh Mohammad (KSM) and his four alleged co-conspirators in a military commission, the Justice Department today unsealed an indictment that charged Mohammad and the others with 10 counts relating to the Sept. 11, 2001 terrorist attacks. A judge dismissed the indictment since the accused will no longer be tried in civilian court, as Attorney General Eric Holder initially planned.

Other than the unsealing of this KSM indictment that was gathering dust and the fact of its dimissal, there is little new information in these court documents themselves.

The main accusations detailed in the indictment are found on p. 13-33, in the "overt actions" section under the banner first count covering the global al Qaeda terror conspiracy. The main stuff against KSM pops up on p.13-14, alleging that he proposed the plot using planes and trained the hijackers on how to use and conceal knives. It also says he showed them how to obtain drivers licenses in the U.S., where he had lived and attended college in the 1980's. None of these allegations are new -- not even the detail that KSM's knife training of the 9/11 hijackers included stabbing sheep and camels.

Continue »

McCain Districts Haunt House Democrats

Congresswoman Suzanne Kosmas at her Titusville, Fla. campaign office Tuesday, Nov. 2, 2010. She lost her re-election bid against Republican Sandy Adams in Florida's 24th Congressional District.

/ Rik Jesse,AP Photo/Florida Today
When I met Republican congresswoman-elect Sandy Adams last month in Orlando, the four-term state legislator and former deputy sheriff was on message.

"Like so many other Americans, many Floridians, and people in the district, I'm concerned that Washington is broken," she told me in an interview. "Their tax and spend policies are mortgaging the future of our children and grandchildren."

Adams was challenging Freshman House Democrat Suzanne Kosmas in Florida's 24th district, which sprawls from the Orlando suburbs out to what's called the Space Coast - Cape Canaveral and the Kennedy Space Center.

"If you look at the pieces of legislation that have been passed - the stimulus, you have bailouts," Adams continued, "It's not we're not taxed enough, we have a spending problem in Congress."

Continue »

Paul, Conway Face Off in Kentucky Senate Debate

Candidates for Kentucky Senate, Democrat Jack Conway, left, and Republican Rand Paul prepare for a debate in Louisville, Ky, Oct. 3, 2010

A man not even on the ballot quickly became the focal point Sunday as two candidates vying to fill a U.S. Senate seat for Kentucky appeared in their first of five scheduled televised debates.

"I think this election is really about the President's agenda; do you support the President's agenda or do you not support it?" Republican Rand Paul told Fox News moderator Chris Wallace in the debate's first exchange.

"I think his agenda is wrong for America. I will stand up against President Obama's agenda," said Paul, 47, an eye doctor making his first run for public office. His father is two-time Republican presidential candidate Ron Paul, a libertarian U.S. Congressman from Texas. The younger Paul moved to Kentucky 17 years ago and established his practice in Bowling Green, near his wife's hometown.

Democrat Jack Conway, 41, from Louisville, the state's attorney general since January 2008, endorses the pillars of Obama's legislative program, the economic stimulus -- which he says saved 17,000 Kentucky jobs -- and health care reform. But Conway told the debate audience his support of Obama is conditional.

Continue »