2012 Election (estimates)
As of February 2012, according to Center for Responsive Politics, 313 groups organized as Super PACs had received $98,650,993 and spent $46,191,479. This means early in the 2012 election cycle, PACs had already greatly exceeded total receipts of 2008. The leading Super PAC on its own raised more money than the combined total spent by the top 9 PACS in the 2008 cycle.
The 2012 figures don't include funds raised by State level PACs nor funds raised by national level non-profit groups that pool "soft-funds". Spending by non-profits, also called 527 organizations, exceeded $500 million in the 2010 election cycle with the two largest organizations being the Republican Governors Association $131,873,954 and the Democratic Governors Association $64,708,253 Spending by the 527 organizations for the 2012 is expected to be double and much will be derived from donors kept hidden from voters.
Read more about this topic: Political Action Committee
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