Money Out/Voters In

Analysis: Wealthy Could Blanket Wisconsin With $6 Million In Campaign Cash Without Limits

A new analysis by a campaign finance watchdog group has revealed that wealthy donors could have flooded Wisconsin with $6 million each to candidates in 2010 and 2012 elections if the state’s $10,000 aggregate annual limit had not existed.

The Money Out/Voters In Wisconsin Coalition, of which PFAW is a member organization, highlighted the Wisconsin Democracy Campaign’s findings at a press conference last week reacting to the United States Supreme Court’s recent decision in McCutcheon v. FEC, which was announced early last month. In McCutcheon, the court struck down aggregate federal limits on the amount wealthy donors can give to candidates, political parties, and political action committees per election cycle. 

Wisconsin Democracy Campaign’s analysis found that without Wisconsin’s state limit of $10,000, in 2012 millionaire and billionaire donors could have given an estimated 680 times more, at least $6.8 million each to candidates in about 4,700 state and local elections, 386 PACs and 157 political committees. In 2010, the comparable number is as high as $6.1 million.

Most notably, Money Out/Voters In Wisconsin and Wisconsin Democracy Campaign noted that only about 299 individuals gave $10,000 or more to state candidates in 2010 and 2012—about .005 of 1% of Wisconsin’s 2012 population. That number included 173 people who don’t even live in Wisconsin.

Check out the video of the press conference here:

PFAW

PFAW Joins Allies at Conference to Fight Money in Politics

Super PACs and corporate lobbyists, beware.

Earlier this month, organizations from around the country working to fight back against the influence of big money on our democracy gathered to share ideas and make plans for action. The conference, associated with the Money Out/Voters In Coalition – of which People For the American Way is a leading member – provided a forum to discuss Constitutional and legislative solutions to the growing problem of corporate influence in politics. As AlterNet’s Steven Rosenfeld described it:


“Last Saturday in Los Angeles saw the most detailed, ambitious and encouraging discussion of exactly how to approach campaign finance and lobbying reform that I’ve seen in two decades of reporting on the decline of American democracy.”


Conference-goers grounded their discussions in the notion that corporations should not have the same constitutional rights as people to spend money to influence elections. They noted that constitutional and other remedies are needed to prevent powerful and wealthy special interests from undermining our democracy.

And national polls have consistently found that Americans want solutions. Earlier this year, the Brennan Center for Justice found that three in four Americans “believe limiting how much corporations, unions, and individuals can donate to Super PACs would curb corruption.” Another recent poll found that nine Americans out of ten agree that there is too much corporate money in politics.

As People For the American Way’s Marge Baker put it:



“This is happening because the people want it to happen.”


It is clear that Americans realize we have a problem on our hands. And as movement leaders come together, float plans, and debate proposals, it is also clear that those who care about repairing our democracy will continue to fight back against corporate influence in politics until we as a country have enacted viable solutions.

 

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