The Waltons have spent $1.3 million on federal political contributions since the start of this election cycle and over $6 million since the 1990 election cycle.
On Saturday, presumptive Republican Presidential nominee Mitt Romney announced that Rep. Paul Ryan of Wisconsin would be his running mate. The Waltons’ support of Mitt Romney has been well noted, and it turns out the Waltons and Walmart have also shown an interest in Paul Ryan.
Campaign finance reports show that siblings Jim and Alice Walton have made a second round of contributions to Mitt Romney’s super PAC, Restore Our Future. In January 2012, they gave a combined $200,000 to the Romney super PAC.
The Walton Family, the richest family in the country and owners of nearly half of all Walmart stock, is joining their fellow 1%ers with some super-sized super PAC spending. In the last quarter of 2011, Jim, Alice and Christy Walton made four contributions totaling $350,000 to super PACs backing Republican presidential candidates Mitt Romney and Jon Huntsman. The contributions were made public in reports filed with the Federal Elections Commission (FEC) in late January and broke down like this: