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Just dropped · Trial Balloon · Ep. 193

The Magnificent Seven

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Trial Balloon · Ep. 193: The Magnificent Seven

Super PACs Are Eroding the Power of Parties

April 16, 2015 · 5:44 am ET · 14 Comments

Nate Cohn notes the April 15 filing deadline for campaigns wasn’t news despite so many people currently exploring a bid for president.

“Rather than exploratory committees and campaigns, top Republican candidates like Jeb Bush and Scott Walker have started super PACs and other groups allowing them to solicit unlimited contributions. None will have to file disclosure forms with the Federal Election Commission until July.”

“The uneventful passing of April 15 is only the most subtle indication of the way super PACs are transforming the presidential nominating process. They have given candidates the ability to raise colossal sums from small but wealthy bases of support. Along with Internet fund-raising, super PACs are helping to form an alternative campaign finance model that is eroding party control over the primary process.”

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