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Friday, October 08, 2010

US Chamber Spends More Than $10 Million On Ads

The U.S. Chamber of Commerce this week is airing more than $10 million in advertising in some of the most competitive House and Senate races, a massive infusion by the business lobby against Democratic candidates in about 30 contests.

The amount is the single largest one-week expenditure by a group outside of the national political parties. It represents an escalation in ads by the chamber, which has expressed a goal of spending $75 million in this year's midterm elections.

The boost in spending comes as liberal groups raise questions about the chamber's financial sources. The Center for American Progress Action Fund and MoveOn.org suggest the trade group could be using foreign money to air the ads, which would be illegal. The chamber denies the claim. It says money raised from foreign corporations is segregated from its political spending.

The chamber is not required to reveal the sources of its money.

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