A new 527 group conceived by veteran GOP hands Karl Rove and Ed Gillespie and launched this year with predictions that it would raise $52 million to support Republican candidates has thus far failed to live up to the fundraising hype.
The group, American Crossroads, raised only $200 last month, according to a report it filed Monday with the Internal Revenue Service, bringing its total raised since launching in March to a little more than $1.25 million. It spent $76,000 in May, primarily on legal fees and salaries, bringing its total spending to $140,000.
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