March 7, 2013 |
WASHINGTON - A nonprofit advocacy group allied with President Obama revealed Thursday that it would decline corporate donations and release more information about its contributors, but the decision did not placate campaign finance reform advocates who said the organization still provided big donors a conduit for access to the White House. Jim Messina, who managed Obama's 2012 reelection campaign and is now chairman of Organizing for Action, announced the changes after a torrent of criticism from reform advocates, as well as Republicans, about the group's fundraising plans.
March 7, 2013 |
WASHINGTON - The nonprofit advocacy group formed to bolster President Obama's agenda has reversed its decision to accept corporate donations and promised more transparency about its contributors after fielding a torrent of criticism about its fundraising structure. Jim Messina, chairman of Organizing for Action, announced the changes in an op-ed published Thursday on CNN.com . “There has been some confusion about what Organizing for Action is and is not,” he wrote.
January 16, 2013 |
Getting elected president costs a lot of money, and so does being inaugurated. In 2009, President Obama's inaugural committee spent $45 million to kick off his first term. Even with scaled-back festivities (two balls instead of 10), this year's inauguration will still cost tens of millions. And that money must be raised in much the same way campaigns raise funds, with requests to supporters. Those who ante up include both corporations and well-heeled individuals. Do they expect something in return beyond the thrill of attending?
January 10, 2013 |
Even before Barack Obama was sworn in as president the first time, he touted his efforts to "change business as usual in Washington" by setting strict rules for his inauguration: No corporate donations were allowed; individuals could give only $50,000. This time, Obama's inaugural committee is seeking million-dollar contributions from corporations and offering perks in return, such as tickets to the official ball. The six companies that have given so far include AT&T, Microsoft and Financial Innovations, a marketing company that received $15.7 million to produce merchandise for Obama's reelection campaign and is the official vendor for the inauguration.
December 7, 2012 |
President Obama will accept corporate contributions to pay for his inauguration in January, a departure from his first inauguration and the 2012 Democratic convention in Charlotte, N.C. The decision, first reported by Politico, underscores how the president's stated desire to limit the influence of money and politics can at times create friction with the practical need of quickly financing large political events. “To help cover the cost of the public events, the 2013 Presidential Inaugural Committee will be accepting contributions from individual and institutional donors in compliance with the laws governing contributions to an Inaugural Committee,” said Addie Whisenant, the committee's spokeswoman.
October 18, 2012 |
WASHINGTON - Democratic convention organizers broke their pledge to put on their quadrennial gathering in Charlotte, N.C., this year without corporate donations, using $5 million from a committee financed by companies such as Bank of America, Duke Energy and AT&T to rent the Time Warner Arena for the three-day event. The payments, revealed in reports filed Wednesday evening with the Federal Election Commission, came after party officials said they would produce the convention without corporate money, a self-imposed ban set by the Democratic National Committee.