Wednesday

Newt group reaps money campaigns can't

Excerpt:
"The Hasan Family Foundation wouldn't be able to give $50,000 to a presidential candidate because foundations can't give to federal campaigns and -- even if they could -- that's way over the contribution limit.

But that didn't stop the Colorado-based foundation from shelling out $50,000 in July to a political group run by might-be presidential candidate Newt Gingrich, according to a monthly financial report his group filed this week with the IRS. The organization, American Solutions for Winning the Future, raised $526,000 in July and spent $313,000."

http://www.politico.com/news/stories/0807/5477.html

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