Money politics has long dominated American politics, but the scale of the problem has gotten much worse since the Supreme Court made its infamous 2010 ruling known as Citizens United. Bloomberg Campaign Finance Reporter Bill Allison published a great piece today. Take a look at this excerpt:
President Joe Biden benefited from a record-breaking amount of donations from anonymous donors to outside groups backing him, meaning the public will never have a full accounting of who helped him win the White House.
Biden’s winning campaign was backed by $145 million in so-called dark money donations, a type of fundraising Democrats have decried for years. Those fundraising streams augmented Biden’s $1.5 billion haul, in itself a record for a challenger to an incumbent president.
That amount of dark money dwarfs the $28.4 million spent on behalf of his rival, former President Donald Trump.
Also, visit the main Democracy Chronicles section on American Democracy or our articles on Money Politics and Worldwide Corruption.
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