April 08, 2012
Big Money Upends the Presidential Campaign
"As the general election for president unofficially begins, its funding will be marked by two firsts: For the first time in the post-Watergate era, neither candidate will use public funds, and the super PACs created as a result of a 2010 Supreme Court ruling will have their first chance to wield their unlimited contributions from wealthy individuals, corporations, and labor unions as the nation selects a president," the Boston Globe reports.
"The vast majority of seven-figure checks is gushing into Republican coffers, making some Democrats nervous. On the plus side for the Democrats, their expenditures have been a fraction of what Republicans have shelled out during the contentious primary season."
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