Politic365

 
 


Headline

2:30pm September 19, 2012

Koched Out: Majority of Americans in Favor Campaign Spending Limits

Kochs

A new AP-National Constitution Center Poll shows that Americans largely back limits on the amount of money individuals, organizations, and corporations can contribute to campaigns for president, Senate, and the House of Representatives. The comes during the current election cycle which is predicted to be the most expensive ever. According to the Center for Responsive Politics, the 2012 elections will cost $5.8 billion marking a 7% increase over the cost of the 2008 elections of $5.4 billion.

The poll revealed that when it comes to spending limits on individual contributions on the amount of money spent in campaigns for president, Senate, and the House, 67% of the people polled believe that there should be limits, while 28% did not think that there should be limits. When asked the same question about spending limits for president, Senate, and the House for Corporations, Unions, and Other Organizations, even more people thought that there should be limits (83%).

In a post Citizens United world, where the government does not restrict political expenditures by corporations and unions, the influence of fewer more wealthy donors has become more obvious. For instance, the Koch brothers, who are worth an estimated $25 billion, have been heavily involved in campaign ad buying in this election cycle. Americans for Prosperity, founded by David Koch, has spent over $20 million on campaign ads in the current election cycle. This kind of spending has produced competing “Stop the Greed” campaigns that attack billionaire donors. In late August, a non-profit organization associated with Senator Harry Reid launched this attack ad going after donors like the Koch brothers:

And during a Reddit chat last month, President Obama even suggested that people should consider mobilizing a constitutional amendment process to overturn Citizens United to lessen the influence of corporations and the ultra-rich.

 

 

 

 



About the Author

Adriana Maestas
Adriana Maestas is the senior contributing editor of Politic365.com. She has covered issues ranging from immigration and higher education to health care policy. Adriana holds a bachelor’s degree in political science from the University of California, Irvine and a master’s degree in public policy from Claremont Graduate University. You can find her on twitter: @LatinoPolitics




 
 

 
city5

Election 2013: Next Boston Mayor May Be Black or Hispanic

Recently America experienced a tragedy which tested the spirit of the entire nation, especially one of our most historic cities–Boston. This is indeed a resilient city so there’s no doubt that this senseless act of viol...
by Kirk Clay
0

 
 
vote3

2014 Will Be Next Big Moment for America’s Rising Electorate

he Latino community came out in extraordinary numbers for the “Comprehensive Immigration Reform March.” It was also remarkable to see so many progressive whites and People of Color (POC) exercising their First Amendment rig...
by Kirk Clay
0

 
 
talk_110608_youth_large

Hit With The Sequester, Young Voters of Color May Do It Again in 2014

oung voters played a significant role in Obama’s 2012 victory, helping him sweep all four battleground states—Florida, Ohio, Virginia and Nevada—with 60% of the youth vote.  Nationwide, voters under the age of 30 mad...
by Kirk Clay
0

 

Advertisement
 
american-flag-wallpaper

Evidence Based Data Shows a Tectonic Shift in Political Landscape

  attended a meeting of political leaders recently and someone raised a point that struck me as insightful. The comment, “It’s sad to say but the GOP hasn’t made any progress in reducing their enormous cultural blind...
by Kirk Clay
0

 
 
gridlock2

Washington’s Political Gridlock: A Self-inflicted Wound

  For months there have been endless warnings of the economic, military, and societal decay that will take effect if obstructionists in Congress repeat their 2012 “do-nothing” tactics. Their political roadblocks now ex...
by Kirk Clay
0

 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>