Rove’s Crossroads Doubles Fundraising Goal

Former White House aide Karl Rove’s independent Crossroads political groups will seek to raise more than $240 million for the 2012 elections, more than doubling their previous fundraising goal, the groups said today.

American Crossroads, which discloses its donors, and Crossroads GPS, which doesn’t, raised $71 million for the 2010 elections to help Republicans win control of the U.S. House and narrow the Democratic majority in the Senate. The two groups last week said they had raised $24.5 million through Aug. 31.

Helping Rove with fundraising will be Mississippi Governor Haley Barbour, a former Washington lobbyist who was chairman of the Republican National Committee from 1993 to 1997. Barbour was chairman of the Republican Governors Association when it raised $117 million for the 2010 elections, according to the Center for Responsive Politics, a Washington-based research group that studies the influence of money on politics.

Earlier this year Barbour had been considered a possible contender for the Republican presidential nomination in 2012; he announced in April that he wouldn’t run. “Both Governor Barbour and Karl Rove are prodigious fundraisers and brilliant strategists, and we are honored to have them both engaged with us,” said Steven Law, the former U.S. Chamber of Commerce official who is president of the two Crossroads groups. “We are reaching high in our fundraising goals because we believe this is going to be a destiny-shaping election for our country.”

Rove and Ed Gillespie, another former aide to President George W. Bush, helped set up the Crossroads groups.

Big Donations

American Crossroads, which has spent $255,360 on behalf of Republican nominee Mark Amodei for the Nevada congressional seat vacated by Dean Heller when he became a U.S. senator, received $2 million last month from Texas home builder Bob Perry and $300,000 from Kenneth Griffin, chief executive of Citadel Investment Group LLC in Chicago. Perry donated $7 million to Rove’s group, while Griffin and his wife, Anne, each gave $250,000 last year.

Democrats have set up their own outside groups to counter the Republicans, including one led by Bill Burton, a former aide to President Barack Obama. The groups said they had raised more than $10 million through June 30.

To contact the reporter on this story: Jonathan D. Salant in Washington at jsalant@bloomberg.net.

To contact the editor responsible for this story: Mark Silva at msilva34@bloomberg.net.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.