The small number of people supplying the millions of dollars to Super PACs

The 2012 election race is heating up as candidates head toward races next week in Michigan and Arizona, followed by Super Tuesday’s races in ten states on March 6. Some of the nation’s wealthiest individuals are giving millions to the politician of their choice. New data released from the Federal Election Commission shows a significant slice of Super PAC donations are coming from the richest 1 percent of the 1 percent, and not all of that money is being spent in legal ways. The Super PAC backing Mitt Romney was accused this week of violating federal election rules, but some campaign finance watchdogs predict little or no repercussions. FSRN’s Alice Ollstein reports.