Democrats, Super Pac | featured news

Billionaire financier George Soros has given $1 million to the primary super PAC helping President Obama. The funding is a boost to Priorities USA Action in the final weeks of the campaign.

A Democratic super PAC that used footage from the 2002 Olympics to slam Mitt Romney has taken down a Web video at the request of the U.S. Olympic Committee and will not run a related TV ad.

Morgan Freeman donated $1 million last month to Priorities USA Action, the main super PAC supporting President Obama.

Despite the uptick in money going to the super PAC, Obama campaign officials said Wednesday the other side will still have the advantage in outside money. They are prepared for the president to be the first incumbent who will be outspent by a challenger — bracing for Romney and his allies to pump more than $1 billion into TV ads alone.

A California Democratic activist is launching a super PAC that aims to draw together thousands of small donors.