by Emily Flitter, Reuters
Florida Senator Marco Rubio has one; Texas Senator Ted Cruz has one; even former Pennsylvania Senator Rick Santorum, considered a longshot for the Republican presidential nomination in 2016, has a billionaire in his corner. Wisconsin Governor Scott Walker has two.
Campaign finance watchdog groups fear heavy spending by these ultra-rich Americans will warp the election – already expected to be the most money-soaked in history. The idea that billionaires can buy elections has taken root in the public imagination.
Those billionaires are now seeing small, early signs of a pushback. Whether these are the beginning of a new trend is far too soon to say, but polls show there is wider discontent about the perceived influence of big money in U.S. politics and a growing gulf between the country’s very rich and very poor. Read the entire story.