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ELEC Report Shows County Party Coffers Suffering at The Hands of PACs

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A preliminary report from New Jersey’s Election Law Enforcement Commission reveals that county party coffers during state elections have seen a continuing slump during this year’s elections. The release cites the growth of independent PAC spending, limitations on contributions from public contractors, and overall contribution limits that have not kept pace with the rate of inflation. JT Aregood, PolitickerNJ Read more

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Hillary Clinton: The fat cats’ favorite candidate

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By Post Editorial Board
October 25, 2015 | 9:45pm

Fire-breathing scourge of Wall Street on the campaign trail — and reliable friend of Wall Street in the boardroom. That’s Hillary Clinton — and the big-money crowd thinks it’s in on the game.

For all her populist rhetoric against hedge-funders and the like, Clinton has received more donations from CEOs than any candidate in the GOP — you know, the party of the greedy rich.

More than 760 of Clinton’s presidential donors have listed their occupation as CEO or some variation, according to a Big Crunch analysis of federal election forms.

That’s as many as have given to Republican hopefuls Jeb Bush, Marco Rubio and Ted Cruz combined.

And it doesn’t even include people like hedge-fund CEO Robert Mercer, who prefers to list himself as a “financial consultant” — or those who’ve given instead to pro-Hillary super-PACs. (Or all the folks who’ve bought goodwill over the years by giving to the Clinton Foundation.)

Surprising? No. We’re talking about a woman who’s made millions from hefty six-figure fees for speeches to, among others, groups headed by those same CEOs.

https://nypost.com/2015/10/25/hillary-clinton-the-fat-cats-favorite-candidate/

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SPEAKER BOEHNER PUSHES FOR ONE MORE BAD DEAL BEFORE LEAVING HOUSE

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BY ANDREW TAYLOR AND ERICA WERNER
ASSOCIATED PRESS

WASHINGTON (AP) — Speaker John Boehner is trying to make one last deal as he heads for the exits, pushing to finalize a far-reaching, two-year budget agreement before handing Congress’ top job over to Paul Ryan this week, congressional officials said Monday.

The deal, in concert with a must-pass increase in the federal borrowing limit, would solve the thorniest issues awaiting Ryan, who is set to be elected speaker on Thursday. It would also take budget showdowns and government shutdown fights off the table until after the 2016 presidential election, a potential boon to Republican candidates who might otherwise face uncomfortable questions about messes in the GOP-led Congress.

Congress must raise the federal borrowing limit by Nov. 3 or risk a first-ever default, while money to pay for government operations runs out Dec. 11 unless Congress acts. Top House and Senate aides have been meeting with White House officials in search of a deal that would give both the Pentagon and domestic agencies budget relief in exchange for cuts elsewhere in the budget.

The measure under discussion would suspend the current $18.1 trillion debt limit through March 2017. After that it would be reset by the Treasury Department to reflect borrowing over that time.

https://hosted.ap.org/dynamic/stories/U/US_CONGRESS_BUDGET?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-10-26-12-34-27

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It’s make or break time for Jeb Bush

Jeb Bush

By Ed O’Keefe and Matea Gold September 27 at 3:07 PM

Jeb Bush is entering a critical phase of his Republican presidential campaign, with top donors warning that the former Florida governor needs to demonstrate growth in the polls over the next month or face serious defections among supporters.

The warnings, expressed by numerous senior GOP fundraisers in recent days, come as Bush and an allied super PAC are in the early stages of an aggressive television ad campaign that they believe will help erase doubts about his viability.

But Bush continues to battle against a steady decline in the polls, sinking to fifth place at just 7 percent in a national NBC News/Wall Street Journal poll released Sunday and similarly languishing in the early states of Iowa and New Hampshire.

The warnings from top donors come as Wisconsin Gov. Scott Walker’s exit from the race refocused the battle within the GOP’s establishment wing as one between Bush and his former protege, Sen. Marco Rubio (R-Fla.). Right now, the momentum appears to be behind Rubio, who has jumped ahead of Bush in most polls. At least a third of the bundlers who signed up to raise money for Walker have switched their allegiance to Rubio, while a smaller number have gone with Bush, according to people familiar with the discussions.

Bush is also facing fresh scrutiny for comments that critics say bear echoes of remarks Mitt Romney made during his 2012 GOP presidential bid, part of a pattern of awkward statements that have forced him or his campaign to clarify.

 

https://www.washingtonpost.com/politics/its-make-or-break-time-for-jeb-bush/2015/09/27/73d5f6fa-63c0-11e5-b38e-06883aacba64_story.html