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In reply to the discussion: Sanders campaign down to less than $6 million in cash [View all]Jopin Klobe
(779 posts)Monday, May 2, 2016 01:41 PM CST
Hillary Clinton withholding donations from state parties, report says
Politico reports that less than 1 percent of the $61 million raised so far has gone to state parties
"According to Politico, state party committees have received $3.8 million from the victory fund, but $3.3 million (88 percent) was soon after transferred to the DNC. Conveniently, Elizabeth Jones, who is the COO of the Clinton campaign, is also the committees treasurer and decides how the funds are allocated."
By contrast, the victory fund has transferred $15.4 million to Clintons campaign and $5.7 million to the DNC, which will work closely with Clintons campaign if and when she becomes the partys nominee, reported Politico. Most of the $23.3 million spent directly by the victory fund has gone towards expenses that appear to have directly benefited Clintons campaign, including $2.8 million for salary and overhead and $8.6 million for web advertising that mostly looks indistinguishable from Clinton campaign ads and that has helped Clinton build a network of small donors who will be critical in a general election expected to cost each side well in excess of $1 billion.
"In essence, individuals are able to donate to the Clinton campaign via sideroads such as the Victory Fund, with sums 130 times greater than the $2,700 limit."
LINK:
http://www.salon.com/2016/05/02/hillary_clinton_withholding_donations_from_state_parties_report_says/