Lawmakers Seek Funds from Exiting Members

Worth Clicking: Blasts from the past wound Romney

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February 07, 2012

Lawmakers Seek Funds from Exiting Members

Roll Call notes there is more than $7.6 million in the combined bank accounts of the 19 House Members who have thus far announced their retirements.

"Campaign finance laws allow retiring Members to donate their funds to charity, give to their colleagues' re-election campaigns, or save it for a future run for office. But the party committees are typically among the first to ask for financial help from Members before they exit the halls of Congress for good."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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February 07, 2012