On March 11, the Committee to Re-Elect Ron Paul donated $150,000 to the Foundation for Rational Economics and Education, a nonprofit charitable group Paul himself founded in 1976, according to documents filed today with the Federal Election Commission. Carol Paul, his wife, is the group's president, Internal Revenue Service documents show.
The Foundation for Rational Economics and Education, which shares a Texas address with Paul's congressional committee, describes itself as "dedicated to individual liberty and free-market economics." It is also the publisher of "Ron Paul's Freedom Report," a periodic newsletter.
Ron Paul using campaign cash to aid his nonprofit
