 |
|
|
WZTV FOX 17 - Top Stories
Posted by
CNN's Ashley Killough
(CNN) – How much will be spent on the 2012 federal elections?
A report released Wednesday says the total spending amount could top a record-breaking $6 billion, according to the nonpartisan Center for Responsive Politics.
As CNN reported earlier this year, that's enough money to give 6/7ths of the world's population $1 each.
The figure includes spending by presidential, Senate and House campaigns, as well as parties, super PACs and convention committees.
Outside groups accounted for the biggest boost in spending, with independent organizations dropping more than $970 million this cycle. The increase is largely related to the Citizens United Supreme Court ruling in 2010 that paved the way for the creation of super PACs, which are allowed to raise and spend unlimited amounts of money as long as they don't coordinate with the campaigns.
Such groups, the report says, have been spending "furiously" in the final weeks before Election Day, "rising from $19 million per week in early September to $33 million per week in early October to $70 million during the week beginning October 21."
Based on filings with the Federal Election Commission, the report estimates $2.6 billion will be spent on the presidential race alone, down from $2.8 billion in 2008. More than $528 million of that is likely to come from outside spending.
The center finds that congressional races have experienced the largest increase in spending. House and Senate candidates combined will spend about $1.8 billion, with the increase mainly coming from Republican candidates.
The report also shows that Republicans have raised more than Democrats in House and the Senate campaigns.
– CNN's Robert Yoon and Halimah Abdullah contributed to this report.
CNN's Ashley Killough
(CNN) – How much will be spent on the 2012 federal elections?
A report released Wednesday says the total spending amount could top a record-breaking $6 billion, according to the nonpartisan Center for Responsive Politics.
As CNN reported earlier this year, that's enough money to give 6/7ths of the world's population $1 each.
The figure includes spending by presidential, Senate and House campaigns, as well as parties, super PACs and convention committees.
Outside groups accounted for the biggest boost in spending, with independent organizations dropping more than $970 million this cycle. The increase is largely related to the Citizens United Supreme Court ruling in 2010 that paved the way for the creation of super PACs, which are allowed to raise and spend unlimited amounts of money as long as they don't coordinate with the campaigns.
Such groups, the report says, have been spending "furiously" in the final weeks before Election Day, "rising from $19 million per week in early September to $33 million per week in early October to $70 million during the week beginning October 21."
Based on filings with the Federal Election Commission, the report estimates $2.6 billion will be spent on the presidential race alone, down from $2.8 billion in 2008. More than $528 million of that is likely to come from outside spending.
The center finds that congressional races have experienced the largest increase in spending. House and Senate candidates combined will spend about $1.8 billion, with the increase mainly coming from Republican candidates.
The report also shows that Republicans have raised more than Democrats in House and the Senate campaigns.
– CNN's Robert Yoon and Halimah Abdullah contributed to this report.
Wednesday, October 31 2012, 08:05 PM CDT
Tennessee News
Courthouse in line for repairs, updates
May 25, 2013 15:50 GMT
MANCHESTER, Tenn. (AP) -- Officials in Coffee County are looking to update their historic courthouse instead of replacing the 141-year-old structure.
After all, they said the building is in pretty good shape. As far as repairs, it just needs some new paint and molding, as well as work to repair some water damage. But county maintenance director Robert Gilliam says the entire structure needs updating in order to make it last until the next century.
Gilliam and County Mayor David Pennington told the Chattanooga Times Free Press (http://bit.ly/19ivpQ6 ) that officials have taken care to maintain the building and it hasn't had any major renovations in decades.
Historical society spokeswoman Joanna Lewis said the group is trying to come up with fundraising ideas for the project.
Information from: Chattanooga Times Free Press, http://www.timesfreepress.com
Related Stories
News Stories
Local Headlines
Courthouse in line for repairs, updates
Memphis libraries seeking funding
2 appellate court judges are stepping down
Lady Antebellum, Miranda Lambert at country fest
Trial wraps up in international custody battle
County to ponder school building use by suburbs
DA: Victims shot after drugs handed over
Hungry TennCare eating more of state budget
 |
|
|
 |
|
|
Business News
US durable goods orders rise 3.3 percent in April
WASHINGTON (AP) -- U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for military and civilian aircraft and an increase in business investment.
Consumer Info
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
Science/Tech News
IN THE NEWS: RESTAURANT FLAP LEADS TO INTERNET MELTDOWN
SCOTTSDALE, Ariz. (AP) -- It isn't exactly to curry favor with your restaurant customers -- even if your specialty isn't curry.
Get This
BEST BEACH
EAST HAMPTON, N.Y. (AP) -- Dr.
IE6 Float Fix
