Not exact matches
But corporations
in the U.S. are permitted to spend
unlimited amounts to support or oppose a
candidate as long as they or the organizations they contribute to do not coordinate this activity with the
candidate.
As Maggie Haberman reports, de Blasio has had discussions
in recent weeks with Google on the heels of his successful effort to get Goldman Sachs to agree not to spend on political ads
in this election cycle — even though a recent US Supreme Court decision allows corporations to drop
unlimited amounts of cash to try to elect of defeat
candidates running for federal office.
Instead of social networking, the online technology that's really shaken up 2008 is fundraising: the
candidates» ability to raise almost
unlimited amounts of money online has been a true game - changer, allowing Barack Obama to opt out of public financing and to begin to build a significant Democratic financial advantage for the first time
in political memory.
ALBANY — Since a 1996 opinion from the state Board of Elections resulted
in a system
in which owners of multiple limited liability companies can give effectively
unlimited amounts of money to
candidates for office, nobody has raised more money from LLCs than Gov. Andrew Cuomo.
The vast majority of spending by these committees now comes
in the form of independent expenditures (IEs), which can be made
in unlimited amounts on behalf of campaigns with the lone caveat being that the IE staff can not have any contact with
candidates or their campaigns.
That decision opened the floodgates to
unlimited amounts of money
in elections, including through outside groups supportive of
candidates that must not coordinate with official campaigns but can raise and spend
unlimited sums.
They also gave the annual maximum of $ 103,300 to Senate Democrats» campaign arm; that sum could then be passed
in unlimited amounts to individual
candidates.
Super PACs may raise
unlimited amounts and spend
unlimited sums to advocate for or against political
candidates, according to the bipartisan Center for Responsive Politics
in Washington, D.C. Unlike traditional PACs, super PACs can not donate money directly to political
candidates, and they can not coordinate their spending with
candidates they benefit.
Some see Right to Rise as the latest development
in the post - Citizens United world of political spending, where cash - flush super PACs, which can raise and spend
unlimited amounts of money, are increasingly supplanting
candidates and their campaigns.
Limitless campaign accounts: Investigators are very interested
in so - called «housekeeping» committees, which can take
unlimited amounts of cash to rally the party, but not to support a specific
candidate.
Good government groups see the pension forfeiture measure as a token reform and have pressed for the closing of the «LLC loophole» that allows businesses to create multiple limited liability companies to donate virtually
unlimited amounts of campaign cash; public financing of
candidate campaigns; the end of lump sum appropriations
in the budget; limits on political contributions by companies with business before the state; limits on legislators» outside income; and a renovation of Albany's ethics watchdog, the Joint Commission on Public Ethics (JCOPE).