How political megadonors can give almost $500,000 with a single check
How political megadonors can give almost $500,000 with a single check
7/6/2016
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summary
This blog post from the Sunlight Foundation delves into the world of political megadonors and how they can contribute large sums of money to political campaigns with just a single check. It discusses a legal loophole in campaign finance laws that allows individual donors to bypass contribution limits by donating to joint fundraising committees. These committees, which can support multiple candidates and parties, distribute the funds among various campaigns, effectively enabling donors to exceed the usual limits. The article highlights the potential implications of this practice on the influence of money in politics and calls for greater transparency and reform in campaign finance laws.
tags
campaign finance ꞏ political donations ꞏ political transparency ꞏ money in politics ꞏ political influence ꞏ political corruption ꞏ political fundraising ꞏ campaign funding ꞏ political campaigns ꞏ campaign finance reform ꞏ dark money ꞏ super pacs ꞏ campaign finance laws ꞏ political spending ꞏ campaign contributions ꞏ united states politics ꞏ political finance ꞏ money in elections ꞏ campaign finance regulations ꞏ political accountability ꞏ political finance disclosure ꞏ political power ꞏ democratic process ꞏ political lobbying ꞏ campaign finance loopholes ꞏ political advertisements ꞏ campaign finance limits ꞏ corporate influence ꞏ political finance system ꞏ political finance regulations ꞏ political finance reform ꞏ campaign finance transparency ꞏ campaign finance disclosure