One of the biggest stories that has come out of the Iowa/New Hampshire election cycle in 2012 is the use of super PACs, political action committees created to support an individual candidate that can receive unlimited contributions, unlike the candidates themselves, who are limited to receiving $2,500 from individuals. They must be independently run, with no communications between themselves and the candidates that they back.
Super PACs supporting Mitt Romney and Newt Gingrich have spent the most money on ads in the first primary states. Now television comedian Stephen Colbert has created his own Super PAC, as a way to humorously document the absurdity of the 2010 U.S. Supreme Court decision that allowed for their creation. Sunday morning Colbert appeared on ABC's This Week with George Stephanopoulos.
This article appears in Jan 12-18, 2012.