Sunlight's Melissa Yeager, Libby Watson and Louis Serino crash the 2016 Democratic National Convention in Philadelphia! Stay tuned to our blog as they'll be live-tweeting, snapping photos, shooting videos and bringing you the latest news — all with a focus on money in politics, influence and more. We'll be compiling the most interesting missives from the DNC.
Continue readingWhy Congress might be more productive – and less partisan – than you think
By now, most Americans think Congress is incredibly unproductive and remarkably polarized. But if we look at the hard data on our 2013 lawmakers, a slightly different story emerges.
Continue readingAre the 1% of the 1% pulling politics in a conservative direction?
In the 2012 election 28 percent of all disclosed political contributions came from just 31,385 people. In a nation of 313.85 million, these donors represent the 1% of the 1%, an elite class that increasingly serves as the gatekeepers of public office in the United States.
The more conservative the Republican, the more dependent that Republican is likely to be on the nation's biggest individual donors, a new Sunlight Foundation analysis of campaign finance data finds. By "biggest individual donors," we are referring to a group we named “the 1% of the 1%” after the share of the U.S. population that they represent. These wealthy donors may be pulling Republicans to the political right, acting as a force for a more polarized Congress. The polarizing effect for Democrats, meanwhile, is unclear. If anything, more liberal Democrats depend a little less on 1% of the 1% donors than conservative Democrats. As we explored in our big-picture look at the 1% of the 1%, the biggest donors in American politics tend to give big sums of money because they want one party to win. Approximately 85 percent of the top individual donors in U.S. politics contributed at least 90 percent of their money to one party or the other. By contrast, less than four percent of these donors spread their money roughly equally between the two parties (a 60-40 split or less).
Figure 1.
The above figure treats all Democrats and Republicans as equivalent. In reality, both parties contain some moderates and some extremists. Some -- Ezra Klein, most prominently -- have argued that while small money exerts a polarizing tug on the parties, big money is consensus-oriented and centralizing. At the time, I responded that if big money was consensus-oriented, it was doing a terrible job of building consensus. I went further to hypothesize that big money might also be polarizing. Turns out I was more right than I knew then.
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The Political 1% of the 1% in 2012
Graphics by Amy Cesal and Ben Chartoff
In the 2012 election 28 percent of all disclosed political contributions came from just 31,385 people. In a nation of 313.85 million, these donors represent the 1% of the 1%, an elite class that increasingly serves as the gatekeepers of public office in the United States.
More than a quarter of the nearly $6 billion in contributions from identifiable sources in the last campaign cycle came from just 31,385 individuals, a number equal to one ten-thousandth of the U.S. population. In the first presidential election cycle since the Supreme Court's decision in Citizens United v. FEC, candidates got more money from a smaller percentage of the population than any year for which we have data, a new analysis of 2012 campaign finance giving by the Sunlight Foundation shows. These donors contributed 28.1 percent of all individual contributions in the 2012 cycle, a record high. One sign of the reach of this elite “1% of the 1%”: Not a single member of the House or Senate elected last year won without financial assistance from this group. Money from the nation’s 31,385 biggest givers found its way into the coffers of every successful congressional candidate. And 84 percent of those elected in 2012 took more money from these 1% of the 1% donors than they did from all of their small donors (individuals who gave $200 or less) combined. This elite 1% of the 1% dominated campaign giving even in a year when President Barack Obama reached new small donor frontiers (small donors are defined as individuals giving in increments of less than $200). In 2014, without a presidential race to attract small donors, all indicators are that the 1% of the 1% will occupy an even more central role in the money chase. The nation’s biggest campaign donors have little in common with average Americans. They hail predominantly from big cities, such as New York and Washington. They work for blue-chip corporations, such as Goldman Sachs and Microsoft. One in five works in the finance, insurance and real estate sector. One in 10 works in law or lobbying. The median contribution from this group of elite donors? $26,584. That’s a little more than half the median family income in the United States. Watch a video summary of The Political 1% of the 1% Continue reading
Super PAC profile: Democratic governors play in presidential primary
DGA Action is a super PAC created by the Democratic Governors Association, but so far in this election cycle, all of its ads have been against Republican presidential candidates.
During January, the group placed a series of ads on Facebook and Google targeted to users in New Hampshire, South Carolina and Florida. Like bigger presidential super PACs, such as the pro-Mitt Romney Restore Our Future and the pro-Newt Gingrich Winning Our Future, DGA Action focused on the negative.
Its ads opposed Rick Santorum, Mitt Romney and Ron Paul. No ads were placed opposing Newt Gingrich, but that could change according ...
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Jane Hamsher brought to my attention this morning a contest being run over at Daily Kos to find out why... View Article
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