Fundraising & Spending in Campaign 2010

In this update: 1. Financial summaries for state candidates added to wisdc.org’s Campaign 2010 feature 2. Where politicians say they get their money and where it really comes from 3. Minnesota gets first glimpse of new era of corporate election spending Fundraising & Spending in Campaign 2010

Email date: 7/27/10

In this update:
1. Financial summaries for state candidates added to wisdc.org’s Campaign 2010 feature
2. Where politicians say they get their money and where it really comes from
3. Minnesota gets first glimpse of new era of corporate election spending

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Financial summaries added to wisdc.org’s Campaign 2010 feature
Today we posted information about fundraising and campaign spending by candidates for state office in the Campaign 2010 section of our website. You can see how much candidates for the Legislature and statewide offices have raised and spent so far and how much cash they have on hand as their campaigns heat up.

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Where politicians say they get their money and where it really comes from
Politicians of every stripe are fond of claiming that most of their campaign donors are the types who write out small checks for $25 or $50. What they don’t say is where the truth lies. That’s the subject of our latest Big Money Blog.

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Minnesota gets first glimpse of new era of corporate election spending
In January the U.S. Supreme Court gave corporations the right to spend unlimited amounts of money to influence elections. That ruling is starting to come to life in Minnesota, and what’s happening is clearly visible thanks to a new law passed after the high court’s decision came down. Wisconsin’s Legislature did not take such action, leaving it unclear at best whether Wisconsin citizens will ever know the true origins of money spent on election advertising when companies here do what is being done in Minnesota. The Milwaukee Journal Sentinel said in an editorial over the weekend that there is no time like the present for legislators to act to shore up our campaign finance laws.