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LAT: More (527) Funds Raised in Bid to Beat Bush

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DeepModem Mom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-04 06:07 AM
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LAT: More (527) Funds Raised in Bid to Beat Bush
THE RACE TO THE WHITE HOUSE
More Funds Raised in Bid to Beat Bush
Independent groups set up by Democratic insiders collected more than $20 million in the first quarter of 2004, IRS records show.

By Lisa Getter, Times Staff Writer


WASHINGTON — Fueled by money from Hollywood, unions and wealthy executives, the largest independent groups raising money to defeat President Bush in November collected more than $20 million in the first quarter of 2004, according to records released by the IRS.

The groups, set up by Democratic insiders and known as 527s because of the tax code that governs them, have collected about $37 million since last year. But they are still far short of their goal, now estimated at $145 million.

A group of three interconnected 527s — America Coming Together, the Media Fund and Joint Victory Campaign 2004 — have collected about $20 million this year to spend on the November elections. The groups have been spending millions of dollars on television advertising in the 17 battleground states where the race for president is expected to be toughest....

***

MoveOn.org Voter Fund, another 527 that has been running anti-Bush ads, has collected most of its money ($4 million so far this year) from ordinary Americans. PoliticalMoneyLine has counted 3,084 donors to MoveOn 527 since Jan. 1....


http://www.latimes.com/news/politics/la-na-independents20apr20,1,4060109.story?coll=la-home-politics
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Malva Zebrina Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-04 07:23 AM
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1. Al Franken interviewed MoveOn's Eli Pariser yesterday
I was astonished to find out that Eli is only twenty three years old! Wow--he has my full respect and admiration. He is extremely well spoken besides haveing the organisational skills of a master
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cspiguy Donating Member (679 posts) Send PM | Profile | Ignore Tue Apr-20-04 09:48 AM
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2. I read that because of these beauties - we now have more $$ than *
n/t
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