WASHINGTON – CUNA on Friday reported its political action committee, one of the most active in Congress, rebuilt its cash reserves last month, which had been drained from more than $1.1 million just before the mid-term elections all the way down to $184,000.
The credit union PAC raised $173,000 last month and spent $39,000, rebuilding its campaign war chest to $320,000.
The weeks following the elections were spent helping congressional candidates pay off campaign debt and start building their own cash for the next elections.
Among the recipients of CUNA contributions last month were incoming freshman House members: Austin Scott, R-Ga. ($5,000); Renee Ellmers, R-N.C. ($5,000); Cedric Richmond, D-La. ($5,000); Sandy Adams, R-Fla. ($1,000); Tom Marino, R-Penn. ($1,000); Kristi Noem, R-N.D. ($1,000); Scott Tipton, R-Colo. ($1,000) and Bill Huzienga, R-Mich. ($1,000).
CUNA’s PAC both raised and disbursed less for the mid-term elections than it did for the presidential election cycle of 2007-2008, raising $3.8 million and spending about the same, just over $3.8 million. In comparison, the credit union PAC raised $4.3 million and spent about the same in 2007-2008.
