If you don’t think campaign finance reform is long overdue, please read this post from Judd Legum on his Popular Information site. (Which, IMHO, is well worth the subscription, btw.) A few excerpts are below.
One of the most powerful groups in the 2022 midterm elections is the Senate Leadership Fund (SLF), the Super PAC controlled by Senator Mitch McConnell (R-KY).
In September, the SLF spent a total of $82 million on campaign ads. Meanwhile, all Republican Senate campaigns combined spent just $33 million.
But the largest donor, by far, to the SLF is One Nation. Through June 30, 2022, One Nation donated $33.5 million to the SLF. What is One Nation? Like the SLF, One Nation is run by Steven Law, a former Chief of Staff to McConnell. But unlike the SLF, One Nation is organized as a 501(c)4 non-profit organization. That allows One Nation to keep its donors secret. One Nation can collect unlimited donations from corporations and individuals, keep their identities secret, and then pass the money on to the SLF.
If the same corporations and individuals donated directly to the SLF, their identities would have to be disclosed. It seems that many supporters of the SLF’s efforts are interested in maintaining their anonymity. Donations to 501(c)4 groups are not tax deductible. The only benefit, from a donor perspective, is secrecy. [emphasis mine – DD]
Republicans have a similar structure to finance their efforts to retake control of the House of Representatives. The dominant Republican Super PAC running ads in House races is the Congressional Leadership Fund (CLF). The top donor to the CLF, by far, is the American Action Network, a 501(c)4 non-profit run by the same people as the CLF. Through September 12, 2022, the American Action Network has donated $38.1 million to the CLF this cycle. The people or organizations that are donating to the American Action Network remain secret.
This tactic is not limited to Republicans. On the Democratic side, the Sixteen Thirty Fund, a 501(c)4 non-profit, donated $57 million to Super PACs supporting Democratic candidates, including Future Forward USA, American Bridge 21st Century, Priorities USA Action, and Unite the Country. The Sixteen Thirty Fund’s direct political involvement appears to have scaled back in 2022, donating about $6 million to date to political committees. The group says it supports legislation that would make political donations more transparent, including bills that would require the Sixteen Thirty Fund to disclose its donors. For now, however, the Sixteen Thirty Fund says it will use “the legal rulebook in place today.”
Let’s run those numbers again. $82 million. $38.1 million. $57 million. All “dark money.” All in secret. It’s a shell game. It’s three-card Monte, and Joe and Jane Citizen lose every time, because the cards are stacked against them.
Undue influence. Burning money on a surfeit of attack ads that fuel the fires of political polarization.
If the goals of these donors were noble, wouldn’t they want to be transparent about it?
One of the comments on the post has it exactly right:
Most people would not want to submit to being controlled by the extremely wealthy & corporations who almost always use their money and influence for their own benefit but not the benefit of the larger good… By basically equating money with free speech, Citizens United was a terrible blow to fairness and democracy in this country… It just keeps getting worse as both parties have to crank up the spending.
Citizens United was — and is — awful.
Campaign finance reform — and in particular getting rid of dark money — is long overdue. If these wealthy individuals and corporations want to keep pouring millions into political campaigns, they should at least have the guts to put their names to it.
You done said…