Friday, Oct. 16, 2020
Do both major parties receive plenty of ‘dark money’ contributions?
"Dark money" refers to political contributions from groups that don't disclose their original donors. It's made possible by a 1980 campaign-finance loophole that allows donors to remain hidden if they haven't contributed to a particular political ad. Dark money skyrocketed after the 2010 Citizens United Supreme Court decision allowed corporations to spend unlimited amounts of money on independent political ads.
Between 2010 and 2020, Republicans took in $714 million in dark money, vs. $351 million for Democrats. Seven of the top 10 donors support Republicans. Big names include Crossroads GPS (R), Americans for Prosperity (R), and Majority Forward (D). Democrats received more dark money than Republicans in 2018 and are on track to receive more in 2020.
Last year, House Democrats passed a bill that would effectively ban dark money, but the Republican-led Senate blocked it.
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