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Association PACs rev up for election

Trade groups contributing more than ever to candidates, with double-digit increases year over year With less than six months left in the 2008 election cycle, the political arms of trade associations are on track to beat the last cycle’s total donations. As of the last report released by the Federal Election Commission, April 30, the top 10 association political action committees have spent, on average, 59 percent of their 2005-2006 totals, but they are ramping up for the busy home stretch still ahead. Though the presidential campaign has been in full swing for 17 months, association PACs typically don’t contribute much at that level. In 2004, they accounted for $378,457… Read More