$26.9 Million: The DNC, State Democratic Party Funding Alliances: Have a direct, financial interest in the Clinton candidacy . . . Here's how and why
Feb 4, 2016 07:48:37 #
Clintons move last year to lock in fundraising alliances with 33 state Democratic parties has already added $26.9 million to the mountain of hard money she has raised so far [Bloomberg].
Clinton Uses State Links to Raise $27 Million. Fundraising alliances with 33 states netted the candidate $26.9 million before the first v**e was even cast.
http://www.bloomberg.com/politics/articles/2016-02-03/clinton-rakes-in-millions-through-state-channels
At least 24 donors have given $300,000 or more to the fundraising vehicle, known as the Hillary Victory Fund
Under the agreements, the first $2,700 of a contribution goes straight to Clintons campaign, the next $33,400 to the Democratic National Committee, and the remainder is split evenly across the 33 often cash-strapped state committees.
In other words, the DNC and the state Democratic Party organizations have a direct, financial interest in the Clinton candidacy.
So if Iowa reminded you of Ohio in 2004, perhaps theres a reason for that.
Clinton Uses State Links to Raise $27 Million. Fundraising alliances with 33 states netted the candidate $26.9 million before the first v**e was even cast.
http://www.bloomberg.com/politics/articles/2016-02-03/clinton-rakes-in-millions-through-state-channels
At least 24 donors have given $300,000 or more to the fundraising vehicle, known as the Hillary Victory Fund
Under the agreements, the first $2,700 of a contribution goes straight to Clintons campaign, the next $33,400 to the Democratic National Committee, and the remainder is split evenly across the 33 often cash-strapped state committees.
In other words, the DNC and the state Democratic Party organizations have a direct, financial interest in the Clinton candidacy.
So if Iowa reminded you of Ohio in 2004, perhaps theres a reason for that.
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