“New Filing Shows Largest 3.7% of Donors Account for Half of Campaign Funds”

U.S. PIRG:

On Thursday, the Federal Election Commission (FEC) published quarterly fundraising reports for the presidential race. The new data shows that donors giving more than $1,000, who account for 3.7 percent of all contributors, currently provide for more than half of all direct fundraising in the election. If a small donor empowerment program were in place, like that proposed in the Government by the People Act (H.R. 20), analysis by U.S. PIRG Education Fund reveals that the same top donors would represent only nine percent of total fundraising, while contributors currently giving $200 or less would account for more than 79 percent of all direct campaign fundraising.

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