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Report: Democrat Super PAC Donations Still Lag Behind Republican...By a Lot

Even the labor unions have been lagging in their contributions

Politico is reporting that Democrat super PAC fundraising is lagging "woefully" behind Republican, despite the increased momentum in donations from last year.

The running 2012 tally for Democrat super PACs was surpassed in the first two months of 2012 by Republicans, and now the rough total sits at $8.3 million for Democrats, compared to $34.1 million for those on the right.

“Republicans and their outside groups are going to spend an unprecedented amount of money to advance their right-wing ideology,” the Democrat super PACs said in a statement, urging their donors to contribute more.

Even the labor unions have been "lagging" in their contributions, and they provided a significant portion of what is filling the Democrat coffers.

Politico continues:

The biggest individual donor revealed Friday was hedge fund billionaire James H. Simons, who cut a $1 million check to Majority PAC at the end of last month. That matches him with controversial comedian Bill Maher, who gave $1 million to Priorities USA Action in February, as the biggest Democratic super PAC donors so far this year.

Other major donors revealed Friday include Anne G. Earhart, an heiress to the Getty Oil fortune, who gave $400,000 to American Bridge, and Donald Sussman, a hedge fund billionaire and husband of Rep. Chellie Pingree (D-Maine) who donated $250,000 to Majority PAC.

It is unclear whether Democrat funding will soon increase, but Republicans have a steady lead to date.

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