Posts tagged FEC

Posts tagged FEC

“Presidential and congressional candidates running in the 2012 election cycle, political parties and political action committees (PACs) received more than $7.1 billion and disbursed more than $7 billion in 2011-2012, according to campaign finance reports filed with the Federal Election Commission that cover activity from January 1, 2011 through December 31, 2012. Filings submitted to the Commission in this two-year period indicated that disbursements for independent expenditures and electioneering communications totaled nearly $1.3 billion.”
There are so many problems with our current campaign finance system that the least President Obama could do is make sure the agency overseeing it is in working condition. Appointing new commissioners to the FEC is something he could easily do right now.

“With billionaires and ‘super PACs’ drowning out the voices of hardworking Americans, text message campaign contributions can enhance the role of small donors and, combined with public matching funds, could provide a megaphone for the masses. The FEC did the right thing today.”
- Public Campaign President Nick Nyhart on the FEC’s decision yesterday to allow campaign contributions via text message.