We are the Liberal Blog From Hollywood
L.A.'s Premier Post Facility

L.A.'s Premier Post Facility

Photographer in L.A.

Hot Pics & Gossip.

Campaigns Will Almost Certainly Reject Public Funds

Posted in Main Blog (All Posts) on April 13th, 2012 10:46 am by HL

Campaigns Will Almost Certainly Reject Public Funds
“Aides and leading donors to Mitt Romney are preparing a major expansion of the campaign’s fund-raising efforts to prepare for a general election contest against President Obama, with the goal of raising up to $600 million,” the New York Times reports.

Meanwhile, Obama is expected to exceed the $750 million he raised in 2008 and super PACs for both sides will provide several hundred million dollars more in campaign ads.

“Those goals make it virtually certain that neither party’s nominee will accept public funds for the general election or the spending limits that come with them — the likely death knell for a cornerstone of the post-Watergate campaign finance reforms intended to limit the influence of money in federal elections.”

No Meeting Planned for Romney and Santorum
Although Mitt Romney and Rick Santorum have back-to-back speaking appearances at the annual NRA convention today, The Note reports that there are no plans for a meeting between the candidate and former candidate.

Said a source close to Santorum: “Not gonna happen.”

“Next week could be a more likely time for a get-together between Romney and Santorum, however it’s also possible the meeting could be put off until after the Pennsylvania primary”

Obama and Biden to Release Tax Returns
“Punctuating a week of political assaults on Mitt Romney over taxes, President Obama and Vice President Joe Biden plan to release their own income tax returns on Friday, along with a statement calling on Mr. Romney to do the same,” the New York Times reports.

“The release of the returns, four days ahead of the Internal Revenue Service’s tax deadline for the public, will set the stage for another week of wrangling over taxes, with the Senate scheduled on Monday evening to take up the White House’s proposed “Buffett Rule” minimum tax for the wealthiest Americans.”

Comments are closed.