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Defying the Odds

Defying the Odds
New book about the 2016 election.

Wednesday, August 24, 2016

Joint Fundraising Committees

Matea Gold and John Wagner report at The Washington Post:
Clinton was the first presidential contender this cycle to take advantage of recent changes in campaign finance rules that allow candidates to seek massive contributions in conjunction with the national party.
[Political parties go after million-dollar donors in wake of looser rules]
By giving to two joint fundraising committees that Clinton’s campaign set up with the DNC, a single donor can contribute as much as $619,200 this year to support her bid. (Trump now has a similar arrangement with the Republican National Committee that allows donors to give up to $449,400.)
A Washington Post analysis of Federal Election Commission filings found that 65 Clinton allies had given at least $300,000 apiece to her joint fundraising committees by the end of June, together accounting for more than $29 million in contributions.