$ 6 million goes through loopholes in corporate PAC pledges

0

Representative Josh Harder, a Democrat from California’s 10th District in the Central Valley, has made his opposition to corporate PACs a matter of signing. He sponsored a bill to ban such political action committees, and his fundraising appeals to donors invoke these views.

But Harder’s campaign account still includes other PAC and committee funds – nearly $ 200,000 of the $ 2 million he has raised so far this year – from unions and ideological groups, as well as his fellow lawmakers who accept corporate PAC donations, such as House Majority. Chief Steny H. Hoyer of Maryland. Harder also received money from executive PACs of his colleagues and funds from trade organizations and trade associations, including the Crop Insurance Professionals Association, according to Federal Election Commission records.

He is not the only one. A CQ roll-call review of fundraising disclosures in the first six months of this year found that most of the 62 members of Congress who say they foregone donations from individual company PACs received contributions from the accounts. fellow campaigners or executive PACs, many of which are full of corporate PAC donations.

Many also report contributions from PACs from business and professional organizations, such as the American Bankers Association and the American Medical Association, which technically do not violate the commitment because they are not tied to a single company. This would violate the commitment, for example, to receive a PAC donation from Allstate, but not if you take, as members touting the commitment have done, the American Property Casualty Insurance Association PAC, the American Council of Life Insurers PAC or Council of Insurance Agents and Brokers PAC.

Other PACS that contribute to cardholders who say they have given up on corporate money include those of the National Beer Wholesalers Association, American Crystal Sugar Co., Mortgage Bankers Association, National Association of Realtors, the American Association for Justice and the American Society of Anesthesiologists. All of these groups represent business and professional interests seeking to influence lawmakers and officials in Washington, DC.


Source link

Leave A Reply

Your email address will not be published.