When interim Mayor Ed Lee finally decided in August he would seek a full four-year term, he opted not to participate in The City’s public campaign financing program. Citing San Francisco’s dismal budget situation, Lee said he just couldn’t take taxpayer money for his political quest in good conscience.
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Candidates vying for a seat on the Board of Supervisors next year could receive up to $150,000 in taxpayer money, a $61,000 increase to the existing public financing cap. The public finance program provides matching funds to candidates running for mayor or supervisor if they agree to a spending cap. If third-party spending exceeds the cap, candidates are entitled to receive more matching funds.
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Mayor Ed Lee has raised $748,008 in contributions of up to $500 per person in his bid to be elected mayor, according to the campaign finance form he filed with the Ethics Commission. The form declares how much money was raised as of Sept. 24.
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Names and cities of residence for 244 of President Obama's bundlers - rich guys and gals who gather high-dollar contributions from friends, then report them all at the same time - were made public this week, but unless you did some serious digging, you wouldn't know much at all about them.
But thanks to OpenSecrets.org and its money-in-politics reporter Michael Beckel, it is possible to know quite a bit about some of the Obama bundlers.
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By:
Sarah Leitner
07/12/11 8:40 AM
Federal law limits how much corporate political action committees (PACs) can give to members of Congress, but high-powered K Street lobbysts have found a loophole that enables them to give an estimated $50 million to senators and representatives.
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In a 5-4 decision, the Supreme Court held Monday that Arizona’s public-financing election law violated the First Amendment. The Justices split along ideological lines with Chief Justice John Roberts authoring a majority opinion joined by Antonin Scalia, Anthony Kennedy, Clarence Thomas, and Sam Alito.
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Donations from at least 10 registered lobbyists during the 2010 election cycle are being returned by the Democratic National Committee after questions were raised about them by the Center for Responsive Politics (CRP).
"We're in the process of reimbursing the money," DNC spokeswoman Caroline Ciccone told OpenSecrets Blog. "For whatever reason, be it human error, they gave donations that were out of line with our policy." OpenSecrets blog is CRP's blog.
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Today's Examiner editorial focuses on the American Nursing Home Association's (ANHA) efforts to gain waivers for its members from Obamacare and other special considerations that illustrate how Big Government regulation encourages businesses to shift from focusing on satisfying customers to satisfying politicians and bureaucrats.
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Median average wealth for freshman members of the House of Representatives in the 112th Congress is significantly lower than overall average for all House members in the 111th Congress, according to the Center for Responsive Politics.
The overall average wealth in the previous House was $765,010, according to CRP. That compares with a median average of $570,418 for the 112th Congresses House freshman class, a 34 percent decrease.
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Nineteen of the 22 members of President Obama's recently created White House Council on Jobs and Competitiveness are linked by something other than a desire to serve on a presidential panel - they contributed either to the chief executive's 2008 campaign or to other Democratic candidates.
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URL: http://www.sfexaminer.com/topics/campaign-finance
