- McConnell Campaign Manager Quits Amid Scandal
- Obama Weighs Delay in Action on Immigration
- Judge Strikes Down Texas Abortion Law
- Neck-and-Neck in Arkansas
- Judge Dismisses McDaniel Challenge
Posts in "Party Committees"
July 15, 2014
The Republican Governors Association, a Section 527 political organization, reported it raised $24.1 million and spent $15.6 million during the second quarter of 2014.
Major donors included David Koch, executive VP, Koch Industries (NY) $2.5 million; Sheldon Adelson, CEO, Las Vegas Sands Corp. (NV) $2.5 million; and Ken Griffin, CEO, Citadel Group (IL) $1.5 million.
Other top donors were Paul Singer, founder, Elliott Management (NY) $750,000; Exxon Mobil Corporation (TX) $500,000; John Paulson, president, Paulson & Co. (NY) $500,000; Marcus Hiles, CEO, WRPS Homes (TX) $500,000; Devon Energy Production Company (OK) $500,000; AstraZeneca (DE) $350,000; Jack Taylor, founder, Enterprise Holdings (MO) $300,000; Duke Energy (NC) $275,000; Rex Sinquefield, retired (MO) $250,000; Leslie and Richard Gillam, Cumberland Development Co. (VA) $250,000; Comcast Corp. (PA) $250,000; Full story
The Democratic Governors Association, a Section 527 political organization, reported raising $13.8 million and spending $12.1 million, during the second quarter of 2014.
Major donors included $1,360,000 from the NEA Advocacy Fund (DC) $900,000 from the American Federation of Teachers AFT (DC); $750,000 from AFSCME (DC); $450,000 from the United Food Commercial Workers Intl. Union; $300,000 from SEIU IPEA (DC); $325,000 AstraZeneca Pharmaceuticals (AZ); $250,000 from Pfizer Inc. (OH); $250,000 from United Healthcare Services Inc.; $250,000 from SEIU Michigan State Council (MI); $150,000 from PhRMA (DC); and $150,000 from the International Union of Painters Allied Trades (DC).
The following donors gave $100,000 each: Full story
July 7, 2014
Federal candidates, PACS, and party committees have a major reporting deadline coming up that will provide the public with an update on the campaign financing of the 2014 elections. The Federal Election Commission has provided a reminder and resources to filers.
July Quarterly Filing Reminder. Quarterly filers have a report due on Tuesday, July 15 (covering activity through June 30). Quarterly reports sent by registered, certified or overnight mail must be postmarked no later than July 15, and paper filings sent by other means must be received by close of business on July 15. Electronic filers have until 11:59 p.m. (EDT) on the due date of the report to submit their reports on time. (Federal Election Commission staff in the Reports Analysis Division (RAD) will be available until 8:00 pm (EDT) on Tuesday, July 15, to answer questions regarding the content and filing of reports. To reach RAD, call 800-424-9530 (press 5) or 202-694-1130. For help with technical issues relating to electronic filing, dial the same toll-free number and press 4 or call 202-694-1307.) Active in a primary election? See the Compliance Map and click on your state for specific filing information pertinent to that primary. Full story
June 27, 2014
The 2014 U.S. Senate and House campaigns are rushing to collect contributions prior to the June 30th close of their financial books.
Federal candidates and their campaign committees must close their financial books on Monday, June 30th, and publicly disclose their receipts, disbursements, cash and debt balances later in July.
To many people, the mid-year disclosure reports are bell weathers for how well candidates are doing in attracting support, and how well they are organized. The reports also provide a comparison between competing candidates. For most campaigns, the next comparison point will be the third quarter disclosure reports filed on October 15th.
2014 candidates and their campaigns must file their mid-year report by July 15th. Quarterly PAC and party committees must also file by the 15th. Monthly PAC and party committees must file by July 20th.
View FEC Filing Deadline notice.
June 20, 2014
The two major national party committees and the four Congressional campaign committees had healthy fundraising efforts during May, leaving them with substantial war chests for the upcoming elections.
The Democratic National Committee (DNC) reported receipts of $8,785,383 and disbursements of $8,777,135, leaving $7,939,858 cash on hand on May 31st. The committee has debts of $4,909,240. During May the committee made a loan repayment of $1,875,000.
The Republican National Committee (RNC) reported receipts of $8,178,674 and disbursements of $7,944,305, leaving $13,476,355 cash on hand an no debts.
The Democratic Congressional Campaign Committee (DCCC) reported receipts of $7,319,252 sand disbursements of $4,909,508, leaving $45,888,733 cash on hand, and debts of $9,510.
The National Republican Congressional Committee (NRCC) reported receipts of $6,005,538 and disbursements of $3,090,729, leaving $35,235,418 cash on hand and no debts.
The Washington Post reported the National Republican Senatorial Committee (NRSC) had May receipts of $5.8 million, leaving $22.1 million cash on hand at the end of the month. The Democratic Senatorial Campaign Committee (DSCC) had May receipts of $8.3 million, leaving $28.2 million cash on hand at the end of the month.
The U.S. Senate moved a little closer to entering the electronic age this week when a second Senate committee approved a bill to require electronic filing of U.S. Senate campaign finance reports.
Yesterday, the Senate Appropriations Committee approved Sen. Jon Tester’s, D-Mont., bipartisan Senate Campaign Disclosure Parity Act, as part of a broader measure to fund the Congress for the coming year. Last year the Senate Rules Committee approved Tester’s proposal.
Several political action committees of major companies, unions, and issue groups reported their highest levels of monthly giving this cycle for contributions to candidates and political committees.
With primaries underway, some general election candidates already identified, and Congress still in session, several PACs reported May was their largest month for giving this cycle. PACs filing monthly disclosure reports must file on or before June 20th.
The NEA Fund for Children and Public Education gave out $307,500 during May, their largest giving month this cycle. From January 1, 2013 through May 2014, they had receipts of $2,898,671 leaving $1,752,357 cash on hand. About 86% of their contributions go to Democrats. This percentage includes contributions to candidates, leadership PACs, national party committees, and other party-related committees.
The Exxon Mobil Corporation PAC gave $281,250. This cycle they raised $1,375,529, and have $587,706 cash on hand. About 83% of their contributions go to Republicans.
The Home Depot Inc. PAC gave out $280,500. This cycle they raised $2,203,291. They give about 75% of their contributions to Republicans.
The PAC of the Credit Union National Association gave out $229,000. This cycle they raised $3,035,732. They give about 52% of their contributions to Democrats.
The Club for Growth PAC gave out $214,437 during May. This cycle they raised $1,576,145. They give 100% of their contributions to Republicans.
The United Parcel Service Inc. PAC gave out $206,450 during May. This cycle they have raised $2,751,37 and have $759,943 cash on hand. They give about 66% of their contributions to Republicans.
Other PACs that gave out a large amount of contributions in May, but had given out a larger monthly amount earlier in the cycle, include: Full story
May 23, 2014
A national political party has filed suit against the Federal Election Commission seeking to knock out the current contribution limits on what an individual may contribute to the party for independent expenditures.
Republican National Committee, the Republican Party of Louisiana and its chairman, and two local party committees filed suit today against the Federal Election Commission (FEC) claiming the committees have the first amendment right to set up non-contribution accounts, to raise unlimited amounts from individuals, and spend them on independent federal election activity.
May 22, 2014
Each of the two Senatorial campaign committees is racing to build as large a war chest as possible for the 2014 general election. Race car driver Mario Andretti is helping.
The National Republican Senatorial Committee reported it had receipts of $6,043,424 and disbursements of $2,622,121 during April, leaving $19,289,665 cash on hand as of April 30th, with no debts. The committee received $1.4 million from contributors giving $200 or less, and received $3.8 million from those giving more. PACs and other committees gave 601,800.
Major donors giving $32,400 each included: David Koch (NY); Elizabeth Koch (KS); Anna Koch (KS); Donald Trump (NY); former Treasury Secretary Henry M. Paulson Jr (IL); another former Treasury, Secretary Nicholas Brady (MD); C. Boyden Gray (DC); Joe Canizaro (LA); among others. Race car driver Mario Andretti (PA) gave $1,000.
The Democratic Senatorial Committee reported Full story
May 21, 2014
The two major national political party committees reported similar fundraising receipts during April, but the House Republican committee reported lower fundraising results than the Democrats.
The Democratic National Committee (DNC) reported receipts of $9.3 million and disbursements of $11.2 million during April, leaving $7.9 million cash on hand as of April 30th, with $8.7 in outstanding debts. Small contributions from persons giving $200 or less accounted for $4.5 million of the receipts. California itemized donors provided $1.1 million. The committee repaid $3,750,000 on a loan from Amalgamated Bank of New York. They repaid $1,875,000 on April 1st and April 30th.
During April, the DNC reported spending $2 million on direct mail, up from $1.6 spent during March. The DNC spent $674,892 on data services subscription, up from $418,415 spent during March. The DNC spent $621,854 on polling, up from $155,070 in March. The DNC spent $610,854 on telemarketing, up from $188,491 in March. They spent only $113,040 on rent, down from having paid $280,415 in March. Travel expenses were $102,903, down from $199,155 in March. The committee transferred $924,386 to state party committees.
May 13, 2014
The Federal Election Commission has received five new registrations for political committees that will operate as joint fundraising committees, allowing a donor to easily write one check for a large amount. However, the check may not exceed the combined contribution limit for all the participating candidates/committees.
Registering at the FEC were Kentucky Republican Leadership Fund, which is a joint fundraising effort by the Republican National Committee and the Republican Party of Kentucky.
The RMF-NCF-Dakota 2014 Committee is a joint fundraising effort for the Republican Majority Fund (the leadership PAC of Sen. Saxby Chambliss, R-Ga.), the Next Century Fund (the leadership PAC of Sen. Richard Burr, R-N.C.), and the Dakota PAC (the leadership PAC of Sen. John Hoeven, R-N.D.).
The Colorado North Carolina Victory Fund is a joint fundraising effort for Hagan for Senate (the campaign committee of Sen. Kay Hagan, D-N.C.) and Udall for Colorado (the campaign committee of Sen. Mark Udall, D-Colo.).
The Reed Begich Victory Fund is a joint fundraising effort for the Reed Committee (the campaign committee of Sen. Jack Reed, D-R.I.) and Alaskans for Begich 2014 (the campaign committee of Sen. Mark Begich, D-Alaska).
The Kentucky Louisiana Victory Fund is Full story
May 7, 2014
The current elections in India have brought a tsunami of political money from private firms that now can give an unlimited amount of money to political parties – in exchange for disclosing what they have donated.
A new article in The Economist, “Black Money Power,” highlights the changes brought about by a new legal framework in January 2013, that permits India’s largest industrial houses to use electoral trusts.
Campaigns for seats in India’s parliament and state assemblies are estimated to cost about $4.9 billion. They would rank second in the world to America’s 2012 $6 billion cost.
May 1, 2014
A Democratic fundraising committee had a big jump in receipts during March, enabling it to funnel almost $17 million to candidates and committees.
ActBlue, a fundraising operation that primarily receives earmarked contributions for specific candidates, reported receipts of $15,451,490 and disbursements of $17,030,874 during March, leaving $8,591,996 cash on hand. March was the biggest fundraising period since the 2012 pre-election period. During February 2014, the committee had receipts of $8.6 million.
Contributors in California gave $2.6 million; New York $1.6 million; Virginia $995K; Massachusetts 834K; Florida $826K; Texas $717K; Illinois $611K; D.C. $515K; among others.
ActBlue moved $16.6 million to candidates and political committees, including Full story
April 30, 2014
Time Warner Cable‘s political money and connections were in play during March when it gave $50,000 to a Republican political committee that supports state and local GOP campaigns.
During the first quarter of the year, Comcast and Time Warner spent $5 million lobbying the federal government. Time Warner Cable and Comcast are seeking government approval of their merger.
The Republican State Leadership Committee (RSLC) reported it had receipts of $750,688 and disbursements of $452,951 during March. Corporate funds from Time Warner Cable were part of those receipts.
Major donors included $100,000 from the U.S. Chamber of Commerce; $50,000 from Time Warner Cable on March 28th; $55,000 from Lorillard Tobacco Company (NC); $55,000 from PLS Financial Services (IL);$50,075 from Walgreens Company (IL); $40,000 from the American Society of Anesthesiologists; $25,000 from eBay Inc. (CA); $25,000 from Dow Chemical Company (MI); $25,000 from Consol Energy (PA); $25,000 from Travelscape LLC (MO); $25,000 from America’s Health Insurance Plans (AHIP); $25,000 from Waste Management (TX); and $25,000 from General Motors; among others.
April 24, 2014
The Federal Election Commission is making available online updated resources for those involved in the 2014 elections.
The FEC now has available for download a new edition of the Code of Federal Regulations, Title 11, Federal Elections, revised as of January 1, 2014. This includes the campaign finance regulations adopted and administered by the Federal Election Commission. This is a ‘must have’ publication for PACs, party committees, candidates, and reporters. When the FEC sends a letter or notification, it may cite various regulations, such as “Section 104.3.” This publication will provide more detail on Section 104.3 dealing with contents of reports, and help people understand the rules.