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Defying the Odds

Defying the Odds
New book about the 2016 election.

Friday, December 7, 2012

Restore Our Future's Last-Minute Money

The pro-Mitt Romney super PAC Restore Our Future raked in $22 million in the weeks between Oct. 18 and Nov. 6, the date of the election, according to the group's latest filing with the Federal Election Commission.

And its outlays were even more eye-popping: More than $45 million, almost all of it for ads. All told, Restore Our Future spent more than $142 million in independent expenditures in the race, more than half of it against President Barack Obama and the rest against his Republican rivals for the nomination.
The last-minute donors to the super PAC included Miriam and Sheldon Adelson, who gave $10 million to help Romney's losing presidential effort. That brought the Adelsons' total investment in Restore to $30 million for the election cycle.

No other contributors even came close, although there were several other $1 million-plus gifts: Larry Ellison, Oracle's CEO, sent $3 million; Houston Texans chair Robert McNair chipped in $1 million; and the holding company Renco Group, which has mining and other subsidiaries, also gave $1 million.