Ron Paul super PAC spent most of its money on non-campaign activities

12-06-2012 • Raw Story

Bloomberg‘s report noted that Revolution PAC director Gary Franchi paid himself and his companies roughly $153,000, including money for the PAC’s rent.

The PAC is just one of many that devoted an unusually large percentage of its resources to administrative and salary costs. Bloomberg noted that the founder of the Newt Gingrich supporting PAC Winning Our Future did something similar, paying herself almost $240,000 in the months after Gingrich dropped out of the Republican presidential race.

Overall, Federal Election Commission data provided to the paper found that all the super PACs combined spent over $86 million on administrative costs during the 2012 elections