Saturday, October 11, 2014

Secret Money Fueling a Flood of Political Ads

By NICHOLAS CONFESSORE, NYT
OCT. 10, 2014

More than half of the general election advertising aired by outside groups in the battle for control of Congress has come from organizations that disclose little or nothing about their donors, a flood of secret money that is now at the center of a debate over the line between free speech and corruption.

The advertising, which has overwhelmingly benefited Republican candidates, is largely paid for by nonprofit groups and trade associations, some of which are established with the purpose of shielding wealthy individuals and corporations that contribute. More money is being spent on advertising by the secret donors than by “super PACs,” the explicitly political committees whose fortunes have dominated attention with the rise of big money in politics.

Fifty-five percent of broadcast advertising in the midterm elections has been paid for by groups that do not fully disclose their donors, according to an analysis by The New York Times of advertising data from the Campaign Media Analysis Group, compared with 45 percent from super PACs, which are required to file regular financial disclosures with the Federal Election Commission.

(More here.)

1 Comments:

Blogger Tom Koch said...

Is it Steyer or Soros?






4:01 PM  

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