campaign finance law

Late Night Host Seth Meyers Draws Attention to Campaign Finance Issues

On June 4, Seth Meyers vocalized the growing frustration among Americans about the delayed candidacy announcement of Jeb Bush. On his talk show, Late Night with Seth Meyers, the host poked fun at Bush and the dysfunction of the Federal Election Commission (FEC), drawing attention to issues surrounding campaign finance.

 

Meyers is not the first to scrutinize Jeb Bush for his lack of clarity. A recent article in the New York Times explores the federal laws around candidacy, noting that “federal law makes anyone who raises or spends $5,000 in an effort to become president a candidate, and thus subject to fundraising, spending, and disclosure rules.” Yet because Bush has not declared as a candidate, he is not limited in the amount of money he can raise, and can continue to coordinate with his super PAC, Right to Rise, which he would not be able to do otherwise.

 

Jeb Bush’s antics are a good demonstration of the need for campaign finance reform. The majority of Americans agree that big money has too much influence on politics. But, as Seth Meyers indicated, the FEC is “dysfunctional,” even according to its own chairwoman, who has created a petition calling for new rules to regulate political spending. The FEC is meant to be a bipartisan organization, but that is also what causes its gridlock: the three Democrats and three Republicans cannot seem to agree on much of anything.


Two partner campaign finance reform groups, Democracy 21 and the Campaign Legal Center, have filed formal complaints with the FEC challenging the legality of Bush’s tactics. Regardless of whether or not the FEC takes action as a result of these complaints, Governor Bush plans to officially announce his candidacy on June 15th. Either way, our broken campaign finance system will no doubt continue to serve as punchlines leading into 2016, hopefully setting the stage for real reform.

PFAW

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 Releases New Toolkit on Getting Money Out and Voters In to Our Democracy

We believe in a democratic system where all Americans have equal access to the voting booth and can express their views on a level playing field.
PFAW

Money Out, Voters In: A Guide to Democratic Reform

Americans today face twin threats to the integrity of our democracy: unlimited spending to influence elections and voter suppression. Find out what you can do.

New “Follow the Money” Report Documents Dangers of Big Money in Politics

Strong campaign finance laws lead to more competitive elections and a greater influence from small donors, according to a new report from the National Institute on Money in State Politics.

The report, released in May, examines state-level elections to gauge the impact of campaign finance laws. Titled "Evidencing a Republican Form of Government: The Influence of Campaign Money on State-Level Elections," it follows the finances of candidates in each state, looking at their donors, expenditures, and disclosures, providing evidence of the deleterious effects that unrestrained campaign spending has on our democracy.

States with high or no contribution limits, for one, have dramatically fewer competitive races than those with public financing. For example, the Institute found that only 6 percent of 2010 elections in Georgia were competitive, compared with 75 percent of elections in Maine. Not coincidentally, Georgia has relatively high contribution limits, with winning candidates raising a median amount of $50,425, while Maine uses public financing and had a much lower fundraising median of $5,844.

Further, removing limits on contributions also appears to crowd out small donors. In Texas, a state where individuals are allowed to contribute unlimited sums directly to campaigns, the median fundraising gap between winners and losers for 2010 was a whopping $255,318. Meanwhile, just 4 percent of 2010 donations in the state were under $250, while 59 percent exceeded $10,000. In fact, the Institute’s data reveals that in Texas, nearly half of all political donations came from a few hundred people. In contrast, in Colorado, which has much stricter contribution limits, the equivalent half of all contributions came from about 35,000 people. The Institute found this pattern to be present in all 50 states.

Lax campaign finance law has a double effect: not only does it reduce the competitiveness of political races, allowing candidates with money to simply overwhelm their opponents with tides of spending, but it also drastically reduces small-donor participation in politics, concentrating power and influence in the hands of those with deep pockets. This, of course, is a problem – as DEMOS has pointed out, the elite “donor class” often has vastly different policy priorities than those of most Americans.

As corporations, wealthy individuals, and special interests continue to adjust their election strategies in the wake of Citizens United, pouring ever more money into political campaigns, the conclusions of this report are cause for worry. Fortunately, the American people are not sitting idly by while our democracy is threatened. We are mobilizing.

PFAW
Share this page: Facebook Twitter Digg SU Digg Delicious