SMRs and AMRs

Wednesday, February 22, 2012

In Republican Race, a New Breed of Superdonor

By NICHOLAS CONFESSORE, MICHAEL LUO and MIKE McINTIRE
NYT

Last June, Harold C. Simmons, a wealthy Texas businessman, sent a $100,000 check to Americans for Rick Perry, a “super PAC” preparing for Mr. Perry’s entry into the presidential race. A few months later, he donated $1 million to a different pro-Perry group through his company. In December, as Mr. Perry’s fortunes waned, Mr. Simmons wrote another check, this one for $500,000, to Winning Our Future, a super PAC supporting Newt Gingrich.

But Mr. Simmons was not done. In mid-January, as Mr. Gingrich was headed toward a victory in the South Carolina primary, Mr. Simmons wrote a $100,000 check to Restore Our Future, the super PAC supporting Mitt Romney. And toward the end of the month, as Restore Our Future used his money to help bludgeon Mr. Gingrich with attack ads in Florida, Mr. Simmons sent yet another $500,000 check to Mr. Gingrich’s super PAC.

“He generally supports conservative Republican candidates,” said Chuck McDonald, a spokesman for Mr. Simmons. “I assume he was just trying to be helpful.”

Mr. Simmons’s contributions — all told, he has given more than $14 million to Republican super PACs so far this cycle — make him the exemplar of a new breed of superdonor in presidential politics. About two dozen individuals, couples or corporations have given $1 million or more to Republican super PACs this year, an exclusive club empowered by the Supreme Court’s Citizens United decision and other rulings to pool their money into federal political committees and pour it directly into this year’s presidential campaign.

(More here.)

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