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Wall Street On Pace To Set New Election Spending Record

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"Wall Street On Pace To Set New Election Spending Record"

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According to the Center for Responsive Politics, Wall Street banks are on pace to break their record for election spending in 2012, having already spent “$164 million on campaigns and donations to political groups designed to influence the elections.” 60 percent of Wall Street’s donations thus far have gone to Republicans, including the vast majority of money flowing from the financial sector to Super PACs.

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