News

Actions

Adelsons donate $33 million to GOP super PACs in closing days

Posted at 6:07 PM, Dec 06, 2012
and last updated 2012-12-06 18:07:59-05

By Kevin Bohn, CNN Senior Producer

Washington (CNN) — Nevada casino mogul Sheldon Adelson and his wife Miriam contributed $33 million to two major Republican super PACs in the closing weeks of the 2012 campaign, according to campaign finance disclosure reports filed Thursday with the Federal Election Commission.

The couple donated $23 million to the Karl Rove-founded American Crossroads.

The Adelsons separately donated another $10 million to the pro-Mitt Romney super PAC Restore Our Future in the last weeks of the campaign. Together, the couple donated $30 million to Restore Our Future.

Their donations throughout the campaign have drawn scrutiny, including their contributions to the pro-Newt Gingrich super PAC Winning Our Future. Their January cash infusions were a major reason the former House speaker’s campaign stayed alive.

Restore Our Future spent $45.5 million from October 18th through the end of November, according to a FEC report.

In the same period, the group brought in just over $22 million.

With the election over we will now have a more complete picture of the super PACs financial activity in this campaign. During this year Restore Our Future ended up spending $146.4 million and raised $147 million. The group spent almost all of its reserves reporting now having $842,000 cash on hand.