| Submit your comments on this article | ||
| Home Front: Politix | ||
| NYT: Democrats' ‘Dark Money' Outspent Republicans' by 66% in 2020 | ||
| 2022-01-31 | ||
| [Breitbart] Democrats have complained about so-called “dark money” for a decade, but they benefited from $1.5 billion in “dark money” spending in the 2020 election, compared to $900 million for Republicans, according to a recent New York Times analysis. “Dark money” is money spent by groups outside campaigns and political parties that do not have to disclose their donors — either because they are organized as “social welfare” organizations under section 501(c)4 of the federal tax code, or as 501(c)3 charities receiving contributions from donor-advised funds that allow many donors to remain anonymous. Democrats have claimed for years that Republicans are the primary beneficiaries of “dark money,” ever since the Supreme Court decided in the Citizens United case in 2011 that the Federal Elections Commission could not censor an anti-Hillary Clinton film before an election because people organized as corporations, no less than individuals, have free speech rights. Clinton and almost every Democrat since has run on a pledge to revise the First Amendment to the U.S. Constitution to limit the ability of corporations to spend on elections. Meanwhile, however, they have built a dominant “dark money” machine. The Times‘ Kenneth P. Vogel and Shane Goldmacher note that Democrats even funded “Republican” anti-Trump groups: The analysis shows that 15 of the most politically active nonprofit organizations that generally align with the Democratic Party spent more than $1.5 billion in 2020 — compared to roughly $900 million spent by a comparable sample of 15 of the most politically active groups aligned with the G.O.P. On the left, the prospect of a second Trump term spurred a new class of megadonors, and helped allay lingering qualms about the corrosive effect of secret money among some Democrats. Republicans are attempting to catch up, organizing their own “dark money” efforts to oppose President Joe Biden and his policies. However, they have much catching up to do. Biden, who struggled early in the race, raised over $1 billion directly in 2020, versus $800 million for President Donald Trump, who was outspent though he had the advantage of incumbency. Related: Dark money: 2022-01-07 Big Left-Wing 'Dark Money' Groups Fund Schumer's Secretive Anti-Filibuster Ally Dark money: 2021-11-29 ‘More money than God:' Chinese titan lavished Hunter Biden with 3-carat gem, offer of $30 million Dark money: 2021-10-27 New head of powerful US liberal donor group looks to shake secretive reputation Related: Sixteen Thirty Fund: 2022-01-07 Big Left-Wing 'Dark Money' Groups Fund Schumer's Secretive Anti-Filibuster Ally Sixteen Thirty Fund: 2021-05-12 Democrats' HR1 election bill boosted by liberal dark money group financed by foreign national Sixteen Thirty Fund: 2021-03-24 Dark Money Fuels Push to Ditch Filibuster | ||
| Posted by:Skidmark |
| #9 |
| Posted by: Besoeker 2022-01-31 20:34 |
| #8 |
| Posted by: Beavis 2022-01-31 20:27 |
| #7 |
| Posted by: trailing wife 2022-01-31 19:43 |
| #6 |
| Posted by: Besoeker 2022-01-31 17:41 |
| #5 |
| Posted by: Beavis 2022-01-31 17:26 |
| #4 |
| Posted by: Lord Garth 2022-01-31 16:01 |
| #3 |
| Posted by: Omating Smith8675 2022-01-31 12:47 |
| #2 |
| Posted by: M. Murcek 2022-01-31 07:35 |
| #1 |
| Posted by: Merrick Ferret 2022-01-31 07:31 |