Third Party Groups Under Fire For Big Spending In Midterm Elections

"(ABCNEWS)

In a nationwide argument over third party spending in the midterm election campaign, Colorado is ground zero. Negative TV ads are almost inescapable in the Rocky Mountain state, where there's an open senate seat and a tight governor's race. Many of the ads are produced by third party groups that do not have to disclose their donors.

Since the beginning of September, independent groups reported spending some $9.4 million on Colorado campaigns with 80 percent of the funds going to help Republicans, according to Bloomberg News.

All that third party money has been met by heavy criticism from the left, including President Obama.

""They don't have the courage to stand up and disclose their identities. They could be insurance companies or Wall Street Banks or even foreign-owned corporations,"" Obama said today while campaigning for the Democratic senate candidate in Delaware.

Some Republicans also say anonymous third party spending does a disservice to voters.

""I think it is important that people know who is paying for the ads and what their relationship is with different issues,"" Republican senate candidate Ken Buck said in a debate in Denver, Colo. today.

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