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Tag Archive: Republican Governors Association

Romney Promotes Himself on 527’s Tab

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One of the many inequities in our current campaign finance system involves the rules on so-called "Section 527" organizations (named after the section of the Internal Revenue Code that establishes them). Current campaign finance law bars federally elected officials and candidates for federal office--Representatives, Senators, President and Vice President--from having such groups, which can raise funds in unlimited amounts from any source (including directly from labor unions and corporations). That law only applies to federal elections (that is, to those running for or holding federal office), but state officials--including governors--can use 527 funds to promote themselves right up to the moment that they officially declare themselves to be a federal candidate.

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