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Just dropped · Trial Balloon · Ep. 193

The Magnificent Seven

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Trial Balloon · Ep. 193: The Magnificent Seven

DNC Fundraising Effort Helped Clinton Get New Donors

February 19, 2016 · 3:08 pm ET · 54 Comments

Washington Post: “Behind the scenes at the DNC’s summer meeting last August, campaign officials for Hillary Clinton were making a hard sell to the state parties… they urged state officials to sign onto an ambitious fundraising endeavor that would allow Clinton’s presidential bid, the DNC and the state parties to scoop up and share big checks from wealthy donors. It would mark the earliest creation of a joint fundraising committee between a presidential candidate and the party, and it would be the biggest ever, thanks to a 2014 Supreme Court decision that knocked down a cap on how much donors could give to federal campaigns in a single year.”

“A record 32 state parties signed on to the fund, allowing the committee to solicit donations 130 times greater than what a supporter can give to Clinton’s campaign for the primary.”

“But the states have yet to see a financial windfall. Meanwhile, Clinton’s own campaign has been a major beneficiary, getting an infusion of low-dollar contributions through the committee at a time when rival Bernie Sanders’s army of small donors is helping him close in on her financially. The fund is run by Clinton campaign staff, and its treasurer is Clinton’s chief operating officer.”

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2016 Campaign Hillary Clinton

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Taegan Goddard

Taegan Goddard

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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