Christine O’Donnell to create new super PAC
Wednesday, December 08, 2010 at 10:36 am
Christine O’Donnell lost her U.S. Senate race in Delaware by seventeen points — but she had $924,800 still left over in her campaign account after the election was over, odd for a candidate who complained that the national Republican Party was not doing enough fundraising to help her. She’s now founding her own super PAC, she told reporters after the Northern Virginia Tea Party Annual Banquet:
Calling it “Christine PAC” for now, she described it as “the new kind” of PAC that will allow her to endorse candidates, do independent expenditures in certain races, lobby on issues and do things “that other activist organizations have the handcuffs on because of the IRS.”
The super PAC, a creation of recent court decisions and Federal Election Commission opinions, can raise unlimited amounts of money and run independent expenditures for or against candidates, and their donors have to be disclosed. Seventy-two super PACs were formed for this past election cycle, and spent $83.7 million in the elections. Examples include Karl Rove-affiliated American Crossroads or Dick Morris’ Super PAC for America.
Sarah Palin’s PAC, SarahPAC, is a leadership PAC, so it has a $5,000 limit on contributions and expenditures to candidates or other PACs.
Sorry, the comment form is closed at this time.