BILLIONS TO BE SPENT ON FEDERAL RACES
A word of warning to swing-state voters who have suffered through an onslaught of attack ads this summer: The worst is yet to come.
Federal candidates and their supporters are gearing up to unleash up to $3 billion worth of advertising and other expenditures over the next nine weeks, drowning battleground areas in political ads and setting loose legions of canvassers aimed at getting out the vote on Nov. 6.
In the presidential contest alone, President Obama, Republican nominee Mitt Romney and their allies are poised to spend well over $1 billion from now to November, much of it focused on the handful of swing states that are likely to decide the election, according to a Washington Post analysis of campaign finance reports and other data.
The frenzy is likely to make 2012 the most expensive election in U.S. history, due in part to a new breed of super PACs and nonprofit groups that can raise unlimited funds for elections. The Center for Responsive Politics, a nonpartisan group that tracks money in politics, estimates that federal campaigns and their supporters will spend nearly $6 billion in the 2012 cycle, surpassing the $5.4 billion watershed reached in 2008.
WASHINGTON POST
LET AKIN RUN, GINGRICH SAYS
Former House Speaker Newt Gingrich broke with Mitt Romney and other Republican leaders Sunday by defending the right of Missouri Rep. Todd Akin to stay in the U.S. Senate race despite his widely condemned remarks on rape and pregnancy.
"I just think people ought to be a little cautious about saying the voters of Missouri don't count," Gingrich said on NBC's "Meet the Press."
Akin, a Tea Party-backed candidate who won the GOP primary last month to challenge Democratic Sen. Claire McCaskill, has rejected calls to step aside.