A newly formed independent expenditure-only PAC based out of the same office and having the same registered agent as 32 other active political committees in Florida spent $594,438 Tuesday in an ad buy against Nevada Sen. Harry Reid.
The Ending Spending Fund has a registered address at 610 South Blvd. in Tampa, and is registered to CPA Nancy Watkins. Watkins works with her husband’s accounting firm, Robert Watkins & Company. To handle candidate finances, she charges about $2,500 per month, according to a 2009 profile of her in Florida Trend. Watkins signaled Ending Spending Fund’s intent to raise unlimited money and only make independent expenditures in an Oct. 5 letter to the Federal Elections Commission.
The Nevada Senate race is one of the closest races in the country and a top target for Republicans since it is the seat of Senate Majority Leader Harry Reid. It has also had the fourth-highest amount of independent expenditures this cycle. Despite Ending Spending Fund’s recent ad buy, the almost $600,000 donation makes it the third-largest committee to spend for or against Sen. Reid, behind the two Karl Rove-affiliated groups, American Crossroads and American Crossroads Grassroots Policy Strategies.
“Ending Spending” is part of a group of “super PACs” that may raise unlimited amounts but not in coordination with a campaign. The Washington Post reported on Sept. 28 that these groups had spent $8 million already on media buys, and three dozen new super PACs had been created in the past two months.
Calls to the Ending Spending Fund did not yield an immediate response.
Luke Johnson reports on Florida for The American Independent.