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New Tea Party PAC: Can it raise $10 million for midterm revolt?

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Such PACs are expected to play a role in dozens of upcoming congressional elections in Florida, Kentucky, Arizona, Tennessee, Arkansas, Alabama, and several other states.

Tea party looking for corporate donations

The US Supreme Court’s recent decision to scale back part of the McCain-Feingold campaign finance reforms could also come to play a role. Tea party organizers gathered in Nashville, Tenn., say corporations are welcome to donate.

The establishment of various tea-party-related campaign funds is part of a rush by genuine organizers, K Street lobbyists, established party operatives, and even hucksters to cash in on the tea party moniker – a criticism that has been leveled from both outside and inside the movement against Tea Party Nation, the for-profit group that’s bringing former Alaska Gov. Sarah Palin to Nashville for a speech Saturday night.

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