10 Nov '12, 7pm

What Happened to All That Super PAC Money?

What Happened to All That Super PAC Money?

In our first post-Citizens United presidential election, President Barack Obama managed to overcome the threat of uncapped super PAC funds to win his re-election bid. So what happened to all of that cash that super PACs spent on the election? First, let’s look at the numbers. Super PACs raked in over one billion dollars for the presidential election alone. According to ProPublica estimates , Mitt Romney super PACs spent $6.35 for every vote they received; $5.60 of that was spent attacking his opponent. As for the Obama super PACs, they spent $1.83 for each vote, with $1.43 of that going toward anti-Romney ads. The vast majority of super PAC money went toward TV commercials, almost all of which were negative. This cycle, overwhelmed viewers appear to have tuned out these ads rather than using them to help make their decision. Charlie Spies, the treasurer of a Romney super P...

Full article: http://www.care2.com/causes/what-happened-to-all-that-sup...

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