“The Soaring Price of Political Access”

NYT editorial:

This year, the political money is flowing more like overpriced wine, with the two national parties reported to be planning tenfold increases in the rates V.I.P. donors will be charged to secure the right to attend exclusive dinners and presidential convention forums with candidates and party leaders.

This means that top-tier Republican donors will pay $1.34 million per couple for the privilege of being treated as party insiders, while the Democratic Party will charge about $1.6 million, according to The Washington Post. Four years ago the most an individual could give to a national party was $30,800. This time, that top $1.34 million ticket for a couple in the Republican National Committee’s Presidential Trust tier, reserved for the “most elite R.N.C. investors,” promises “influence messaging and strategy” opportunities at exclusive party dinners and retreats, according to a description obtained by The Post….

While Democrats led by Hillary Rodham Clinton have called for broad reforms of campaign fund-raising, Mrs. Clinton and party leaders say they will emulate Republican tactics in going after big money if that’s what it takes to compete. At what cost to democracy is the looming question for voters.

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