WASHINGTON (AP) – The presidential election witnessed unprecedented sums of cash boosting two men in their quest for the White House. It cost more than $2 billion and sometimes provided a cloak of anonymity for billionaire donors.
It was the first election in which “super” political action committees flourished. They drew from deep wells of money from wealthy Americans and used it to blitz television viewers with seemingly endless political ads.
Tens of millions more flowed to candidates and super PACs in the weeks leading up to the election. Because of federal rules, those donors effectively remained hidden until after ballots were cast.
Unknown still are the sums of cash raised by nonprofit groups that ran so-called issue ads but didn’t have to reveal their donors.
(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
Also Check Out:
- CBS Radio Building Hit By Gunfire
- Snatch & Grab Thieves Nab $19,000 In 13 Seconds
- Mothers & Daughters Bond Over Plastic Surgery
- Texas Woman Killed Trying To Prevent Boyfriend’s Suicide
- CBS 11 Investigates: How Dirty Is Your Plane?



Photos From The 2013 Miss USA...
"The Amazing Race" Casting...
Athletics vs Rangers - June...
Most Romantic US Honeymoon...
Adrienne Bankert On "The Talk"
Blue Jays vs Rangers – June...
Blue Jays vs Rangers – June...
Blue Jays vs Rangers – June...
Baseball Shots Of The Week –...
Brandon Carr Celebrity...
Blue Jays vs Rangers - June...
Indians vs Rangers - June 12,...
Indians vs Rangers - June 11,...
Slater's IndyCar Ride-Along...
Rangers vs Blue Jays – June...
Unique Sunglasses For Summer

