The Left-wing billionaire George Soros is giving $1million to the ‘super PAC’ supporting President Obama.
His donation to Priorities USA Action came as the group, which has launched brutal attack ads against Republican presidential nominee Mitt Romney, raised a record $10 million last month.
Mr Soros has contributed millions of dollars during previous presidential elections and his latest donation may indicate that Democratic donors are now embracing super PACs, which can raise and spend unlimited sums of cash but are not allowed to coordinate with the candidates.
According to the New York Times, Michael Vachon, an adviser to Mr Soros, made the announcement at a lunch on Thursday hosted by the Democracy Alliance, a group of liberal donors.
He will also give $500,000 to two super PACs backing congressional Democrats.
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