A pair of conservative groups founded with the help of Republican political guru Karl Rove raised more than $70 million since their inception last spring, making them the undisputed leaders of an onslaught of outside spending during the 2010 midterm campaign, according to new disclosures Thursday.
American Crossroads, a "super PAC" that can raise and spend as much money as it wants, took in nearly $28 million in donations, weighted heavily with large contributions from financiers, oil tycoons and other wealthy individuals, according to filings with the Federal Election Commission.
Spokesman Jonathan Collegio also said Thursday that a sister group, Crossroads GPS, took in about $43 million this year. Because it is organized as a nonprofit, the second group does not have to reveal its donors.
"After a successful 2010, we are shifting toward our goals for 2011 and beyond," Collegio said, adding that the Crossroads duo will be "active throughout 2011 in support of a conservative, free-market legislative agenda."
The disclosures were part of a wave of filings from political committees and organizations due Thursday at the FEC, covering the period from just before the Nov. 2 elections through Nov. 22.
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