Soros to Donate $1 Million to Super-PAC Backing Obama

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Investor George Soros, a longtime donor to Democratic candidates and causes, has agreed to contribute $1 million to the super-political action committee run by former aides to President Barack Obama.

Two officials of Priorities USA Action, the super-PAC supporting Obama’s bid for re-election, confirmed the donation today. A Soros spokesman, Michael Vachon, didn't immediately respond to requests for comment.