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THE INFLUENCE GAME: Number of PACs hits recordThe number of groups contributing money to presidential and congressional candidates has soared to an all-time high with their strongest growth in a generation, reflecting the fervor over last year's presidential race and a desire for access and clout when lawmakers tackle upcoming issues. According to the Federal Election Commission, on Jan. 1 there were 4,611 political action committees, which are formed by companies, unions or other groups to raise and spend money to help presidential and congressional candidates. That was up 9 percent over the 4,234 that existed a year earlier. Top News from Around the Web
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