Outside Spending on Record Pace

Morning Line: “Federal campaign finance reports were (in theory) due at midnight for the first quarter of 2014, and we’re going to be looking at a few different angles on money in this election. First, what’s available comprehensively is outside spending (because it’s updated more regularly). So far, outside groups have spent $56 million, outpacing every other midterm election to this point and more than doubling 2010 spending (which was $23 million at this point), the previous record year for midterms, according to the Center for Responsive Politics. In fact, outside spending has already outpaced every PRESIDENTIAL election except 2012.”