The campaign finance reports for the first half of the year are in—and they’re even worse than I feared.
If you had any doubt that this year’s explosion of Super PACs is giving a tiny number of billionaires extraordinary influence over candidates, check out a few numbers:
- Millions of dollars raised by Super PACs backing presidential candidates in the first six months of this year: 258
- Millions of dollars raised by Super PACs backing presidential candidates at this point in the 2012 cycle: 16
- Number of persons contributing at least $1 million to a Super PAC: 58
The story couldn’t be more clear—and the threat to our democracy more urgent.
Super PACs, which are supposed to operate independently of candidate campaigns, have instead become a massive loophole that candidates and billionaires are using to evade campaign contribution limits.
Barely even pretending to be independent, they are taking over such core campaign operations as TV ads, direct mail, phone banking, and even Get-Out-the-Vote operations.
And they’re making candidates deeply dependent on a few incredibly wealthy backers.
The League of Women Voters is leading the fight to put some teeth back into the law—and we need you to take action today.
As always, thank you for your support!
President, League of Women Voters