“Big GOP Donors Giving to New Accounts Congress Created to Help Political Parties”

Bloomberg BNA:

Big Republican donors are taking advantage of new, high-dollar limits on political party contributions established by Congress last year, with David Koch, Sheldon Adelson and Henry Kravis counted among the latest donors providing a total of more than $3.4 million in large contributions collected by GOP committees last month, according to recently filed Federal Election Commission reports….

GOP Outraising Dems Over 10 to 1
The big Republican contributions were included in monthly reports disclosing financial activities in April, which were filed May 20 with the FEC and analyzed on the Political Money Line website.
The April FEC reports indicated that all three national Republican committees—the NRSC, NRCC and RNC—received a total of more than $3.4 million in their new accounts just in April.
National Democratic committees, meanwhile, have been lagging far behind in fund-raising in the new high-dollar accounts. The Democratic total for April of $261,000 was less than a tenth of total haul for new Republican accounts, even though some top leaders of both major parties agreed to the controversial provision passed by Congress late last year to increase party contributions.
Share this: