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FEC Increases Political Contribution Limits for 2012
By Christopher Weber - Politics DailyAdjusting for inflation, the Federal Election Commission has increased the amount donors can give to federal candidates during the 2012 campaign cycle. Individuals may now write checks of up to $2,500 to candidates for president, the U.S. Senate and the U.S. House of Representatives. That's up $100 from last year's midterm elections. In addition, individuals may donate $30,800 annually to national party committees -- up about $400. An individual's total contribution to all federal campaigns, parties and other political committees combined may not exceed $117,000 between Jan.1, 2011 and Dec. ...
FEC Declines to Punish Sen. John Ensign for Payments Made to Mistress
By Christopher Weber - Politics DailyThe Federal Election Commission handed Sen. John Ensign a big break Friday, dismissing a complaint against the Nevada Republican over a $96,000 payment his parents made to his former mistress and her family. The FEC disagreed with the watchdog group Citizens for Responsibility and Ethics in Washington, which alleged that the money given to Cynthia Hampton amounted to an illegal political donation, The Washington Post reported. CREW had filed the complaint against the senator, his parents, his campaign and his political action committee. The commission said it accepted the claim by Ensign's ...
Sarah Palin's PAC Gave $87,500 to Candidates
By not in system - AOL NewsJUNEAU, Alaska (July 11) - Sarah Palin's political action committee contributed at least $87,500 to candidates she's endorsed in the last few months, according to a report filed Sunday with the Federal Elections Commission. But SarahPAC's financial disclosure also shows Palin spending more than $210,000 on consulting. Candidates receiving money from Palin for the period covering April 1 to June 30 include former Gov. Terry Branstad, who won last month's Republican gubernatorial primary in Iowa, and Joe Miller, who's challenging Alaska U.S. Sen. Lisa Murkowski in the August GOP primary. Each ...
Springsteen Concerts as Campaign Fundraisers: Dancing in the Dark
By Bonnie Goldstein - Politics DailyA lobbyist's job is to influence the legislative process in favor of his or her clients' interests, a charge accomplished by writing position papers, drafting sample legislation, meeting with members of Congress and their staffs -- and, oh yes, contributing great piles of money to campaign funds of elected officials. Several lobbyists presumably fulfilled the last task to the tune of "No Surrender" at two sold-out Bruce Springsteen concerts in DC a year ago. Agents representing special interests attended at least 19 fundraisers hosted by lawmakers at the concerts. How much money did they ...
Sarah Palin and Mitt Romney Fundraising for 2012 White House
By Emily Miller - Politics DailySurprising the inside-the-Beltway crowd, Alaska Gov. Sarah Palin raised $732,867 in the first half of 2009. SarahPAC, her Washington, D.C.-area fundraising organization, has proven to be organized and effective, despite reports to the contrary. ...
Al Sharpton Fined by FEC, Feels Better
By David Knowles - Politics DailyAl Sharpton, a former Democratic candidate for president in 2004, is breathing a little lighter today, even though he has agreed to pay a large fine to the Federal Election Commission for violating several election laws. "This is the first time in years that nothing is hanging over our heads," he told The Associated Press in a telephone interview Thursday. The FEC announced earlier in the day that his campaign and an advocacy group he founded would pay a civil penalty of $285,000 for breaking various campaign finance rules. The agency said Sharpton's nonprofit National Action Network, as ...
Is Obama Gaming the Fundraising System?
By Dave - Politics DailyThe GOP believes so and is asking the FEC to investigate why so many small donors have such familiar names: ReutersTwo apparently fictional donors using the names "Doodad Pro" and "Good Will" gave Obama more than $11,000 in increments of $10 and $25, according to Newsweek.Other news accounts suggest that roughly 11,500 donors who gave a total of $34 million to the campaign may be citizens of foreign countries, who are not allowed to contribute to U.S. elections, the RNC said.$34 million is not chump change and this is at least circumstantial evidence that certain donors are getting around ...
McCain Packs a Lot Into One Week
By Tommy Christopher - Politics DailyI guess I wasn't paying that much attention, or maybe the days in this election cycle are just starting to run together in an amorphous blob, but it took two people to point it out to me before I realized that John McCain has had a really bad week.First, my Unusable Signal co-host, Christina, pointed it out to me on the show, and at YestoDemocracy.com:I can't help but wonder to myself just what came first, John McCain's chicken (the fundamentals of our economy are strong comment) or his egg (top surrogate Fiorina's words implying that McCain couldn't run a company). Maybe in a world where we ...
Obama, McCain and FNMA Reform
By Dave - Politics DailyThe Wall Street News today seems to be immediately helping Obama in the polls, or at least ripping into McCain's support with independents. But it also shows that the McCain campaign was extremely smart in staking out "reform", as opposed to "experience" as the hallmark of their campaign, or this news would have been much worse.Ed Morrisey at Hot Air reports on McCain's attempt to reform Fannie Mae and Freddie Mac way back in 2005. Here's what McCain said:The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator's ...
More Obama Money
By Dave - Politics Dailywashingtonpost.comSen. Barack Obama broke his monthly fundraising record of $55 million in August, sources said today, but the campaign remains tight lipped about its total haul....Se. John McCain's campaign already released its August totals, announcing he raised $47 million -- by far his best fundraising month to date.Apparently the report above was in response to a raft of articles like this one: After months of record-breaking fund-raising, a new sense of urgency in Senator Barack Obama's fund-raising team is palpable as the full weight of the campaign's decision to bypass public ...
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