political fundraising

(Newser) - In between massive federal bailouts and health reform, President Obama has spent a lot of time rustling up cash for Democrats this year, with tonight marking his 26th fundraiser. George W. Bush, by contrast, headlined only six fundraisers in his first year. But that was before McCain-Feingold capped how much...

(Newser) - Meet the new villain of campaign fundraising: the leadership PAC. These once-obscure fundraising tools used to be reserved for rising political stars. Now, 70% of lawmakers in Congress have them—and the lax scrutiny that goes along with how the money gets spent. Most of the cash is supposed to...