Leadership PACs key to political funding
0 Comments Published by clay July 29th, 2008 in State and Local Politics, U.S. Politics.PACs key to political funding Most political candidates now fund their campaigns through what are called “leadership political action committees.”
BARACK OBAMA: Instead of forcing us to rely on millions from Washington lobbyists and special interest PACs, you’ve fueled this campaign with donations of $5, $10, $20 — whatever you can afford. It’s true Obama’s campaign hasn’t taken money from lobbyists or political action committees run by corporations and unions. But his own Leadership PAC has. Leadership PACs are a carbon copy of corporate and union PACs. Their primary purpose is to raise money and share it with other party members facing tough election fights.

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