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Hiding the Money

April 23, 2012 · 8:10 am ET · Leave a Comment

USA Today: “Millions of dollars flowing to independent political groups dominating this year’s presidential and congressional contests have come from mystery and hard-to-find donors, newly filed campaign reports show… Using undisclosed or hard-to-track money in politics is legal, under the patchwork of court decisions, campaign-disclosure regulations and IRS rules that govern federal elections.”

An example: “More than $8 out of every $10 collected during the first three months of this year by two conservative groups associated with Republican strategist Karl Rove, for instance, went to a non-profit branch that does not have to reveal its donors.”

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Taegan Goddard

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Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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