Campaign Funds | featured news

"Super PACs" have spent about $27.5 million to influence the presidential election, a good chunk coming from an independent group supporting GOP front-runner Mitt Romney.

A judge agrees to delay the campaign-finance trial of John Edwards after his attorney presented two letters detailing a life-threatening condition that will require surgery. A cardiologist for the 58-year-old ex-North Carolina Senator wrote two letters about his condition to Judge Catherine Eagles who talked about them Friday during a hearing to consider whether the trial would go on later this month. She delayed it until at least March 26.

Presidential candidate Rick Perry's criticism of Mitt Romney's business past had a boomerang effect Thursday, costing him the support of a prominent Republican in South Carolina. Investment fund executive and top GOP donor Barry Wynn told The Associated Press he was leaving the Perry fold to endorse Romney, the former Massachusetts governor. Wynn said Perry's attacks on Romney's time at the helm of the private equity firm Bain Capital had crossed the line in a political party that values free-market capitalism.

A Las Vegas billionaire with ties to Newt Gingrich has given $5 million to an independent group backing the former House Speaker's presidential bid.

President Barack Obama's campaign set a goal of raising $60 million in the fourth quarter of the year to benefit the Democratic incumbent's re-election and the Democratic National Committee, a campaign official said on Saturday.

Former presidential candidate John Edwards says he has been diagnosed with a medical condition that would make it difficult for him to attend his approaching criminal trial over campaign finance...

He shouldn't have to concede any states for lack of money – and he already has raised more than his Republican rivals combined. His approval ratings are down and the economic recovery is sputtering. But President Obama brings to the 2012 campaign one strategic advantage that previous Democratic presidential candidates would have envied: the money to compete everywhere.

Apparently "9-9-9" is good for about $3 million. That's how much money Herman Cain says he's raised in the month of October alone as financial support begins to match a spike in the polls that is defying political gravity.

A stark financial divide is opening up between two groups of Republican candidates for president, with the top candidates together bringing in tens of millions of dollars in their bids for the presidency and a second tier struggling to attract major donors and in some cases even crack the million-dollar mark.

President Obama overcame low poll numbers to collect $42.8 million in the July-to-September fundraising quarter, racing ahead of his Republican rivals who must marshal their resources for a fast-changing primary calendar. Obama also raised $27.3 million for the Democratic National Committee for a combined $70.1 million during the third quarter, his campaign announced Thursday. That's a drop from the $86 million the president and national party raised in the previous quarter.