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Tag Archive: campaign contributions

FEC says yes to texting, no to Yamaha

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At its last meeting of the year Thursday, the Federal Election Commission approved a new way to charge donors who want to give to political committees via text message. But it did not approve a proposed novel way for companies to bulk up their political action committees' receipts -- by soliciting independent dealers that sell their products.

The FEC gave the green light to an electronic payment processing company to process payments from political donors via text message. The company, Global Transaction Services Group, would charge the mobile customer's credit card. The FEC approved a slightly different form of charging ...

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NRA’s allegiances reach deep into Congress

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Just over half (51 percent) of the members of the new Congress that convenes next month have received funding from the National Rifle Association’s political action committee at some point in their political careers, an analysis by the Sunlight Foundation finds. And 47 percent received money from the NRA in the most recent race in which they ran. The numbers give insight into the depth and breadth of support that the nation’s most powerful gun lobby commands. They also highlight the primary obstacle to quick action on gun control in response to last week’s massacre in Newton, Conn. – deep and long-lasting allegiances to the National Rifle Association.

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FEC considers whether company can solicit PAC contributions from its dealers

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Can Slim Jim solicit employees of 7-11 for donations to its political action committee? 

Members of the Federal Election Commission mused about that hypothetical prospect today in an open meeting that considered whether companies should be able to ask independent retailers to participate in their PACs, potentially opening the door for corporations to significantly broaden their donor base.

On another non-controversial request, commissioners appear ready to soon approve a request by the Global Transaction Services Group to fundraise for political committees via text messages – the phone user’s credit card would be charged. In another decision, the committee gave the ...

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So long Twinkie; so long political sugar

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Twinkie

While the bankruptcy of Hostess Brands might have Americans worried about where they'll get their Twinkies, some politicians might be looking for new sources of green.

This morning, Hostess, the company that makes the treats,  officially announced its liquidation and the subsequent lay off of about 18,500 employees in the midst of a labor dispute with the striking Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM). The bankruptcy filing cited the strike as the immediate cause, but also said its obligations to workers' pension funds made the firm uncompetitive. 

While Hostess has offered politicians little more ...

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Outside political spending crosses $1 billion mark

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raining cashOutside groups have spent more than $1 billion trying to influence this year's election, and the tidal wave of special interest money so no signs of abating in the 10 days that remain before Election Day.

The total, tabulated by Sunlight's Follow the Unlimited Money, is especially mind-boggling considering that it comes in a campaign that has focused largely on the anemic economy and underscores the changed landscape in the first presidential campaign to be contested following the Supreme Court 2010 decision in Citizens United, which opened the door for deep-pocketed donors to flaunt their wealth in ways ...

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Political donors’ million dollar check club: September edition

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A relative handful of mega-donors capable of writing seven-figure checks, thanks to the 2010 Supreme Court ruling in Citizens United that opened the door for unlimited campaign contributions, have fuelled this fall's dizzying rise in outside political spending, which jumped from $14 million the week ending Sept. 1 to $110 million the week ending Oct. 20, according to Sunlight's Follow the Unlimited Money tracker.

In September, 25 individuals or organizations wrote checks of $1 million or more to super PACs, according to Sunlight's analysis of the last full month of campaign expenditure reports that we will see ...

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Last-minute Democratic political donations don’t close the money gap

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A flood of last-minute largesse from Democratic donors helped Priorities USA Action, the super PAC backing President Barack Obama's reelection, outraise its Republican counterpart for the second month in a row in September. But Republican-leaning outside spenders still headed into the last full month of the campaign with a huge cash advantage, an analysis of records filed overnight at the Federal Election Commission by Sunlight's Follow the Unlimited Money tracker shows.

Restore Our Future, the super PAC founded by former Mitt Romney aides to support the Republican presidential candidate, headed into the last month of the campaign with ...

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