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Campaign committees raised, spent, almost $500 million

The major campaign committees collected almost a half-billion dollars in 2013 — a year when just two states chose governors, two had special Senate...

Once again, the key in elections is ‘follow the money’

As usual in politics, the focus is money and the ability to raise as much of it as one can. With today's deadline for filing...

Obama campaign spent far more than it is raised for three...

From most accounting perspectives, the re-election campaign of President Barack Obama is in serious financial trouble, having spent far more money than it raised...

Political candidates preach financial responsibility while stiffing creditors

GOP Presidential wannabes like Michele Bachmann, Rick Santorum, Jon Huntsman and Newt Gingrich may preach financial responsibility on the campaign trail but they are...

Newt’s failed campaign racked up $4.78 million in debts

Newt Gingrich's failed campaign for President was mired in $4.78 million in debt when the former Speaker of the House threw in the towel,...

Why is Ron Paul still in the GOP race? Follow...

Three time Presidential loser Ron Paul is – technically – the last "anybody but Romney" contender left in the once crowded list of wannabes...

Ensign off the hook on payoffs to mistress

The Federal Election Commission has dismissed a complaint against Sen. John Ensign over a $96,000 payment his parents made to his former mistress and...

No recession in the business of politics

Turns out politics, for all its focus on the gloomy economy, is a recession-proof industry. This year's volatile election is bursting with money, setting fundraising...

Wall Street pulling plug on donations to Democrats

A revolt among big donors on Wall Street is hurting fundraising for the Democrats' two congressional campaign committees, with contributions from the world's financial...

American politics: The art of the con

Politics has long been the last refuge of con artists, scoundrels and crooks but the rise of scam professionals like Sarah Palin, Ron Paul...