The Michigan Campaign Finance Network reported today that while Michigan’s economy is in serious trouble, “the money-in-politics sector” continues to be robust.
In the 2008 election cycle, the top 150 political action committees (PACs) in Michigan raised over $41.4 million to influence legislation and elections. While the number is down 20.3% compared to the $51.9 million raised in the 2006 election cycle (which had a more state races), the amount raised is up 23.9% over the 2004 election cycle.
Michigan’s biggest PAC was once again the liberal Coalition for Progress. The PAC raised $4.2 million (91% of it came from Kalamazoo businessman John Stryker) and made contributions supporting Democrats in twelve House races.
The state’s political leaders–Governor Jennifer Granholm, Speaker Andy Dillon, Senator Mike Bishop, and Attorney Mike Cox–all raised considerable sums of money for their leadership PACs.
The Great Lakes Education Project–a PAC closely associated with West Michigan’s DeVos family–raised $451,000. $350,000 of that money came from the DeVos family.