Politico Confirms: Hillary Clinton Has Kept 99% Of Funds Raised For State Parties

[Feeling the Bern]

Bernie Sanders’ accusations that Hillary Clinton is using her joint fundraising committee to skirt federal campaign finance laws are now proven.

According to a new Politico report, the Hillary Victory Fund has kept 99 percent of approximately $60 million it was supposedly raising for state Democratic Parties. Under the agreement signed by Democratic Party leaders in 33 states, the Hillary Victory Fund would solicit donations from super-wealthy donors for as much as $353,400.

The deal agreed to by state parties and the Clinton campaign allows for the first $2,700 raised by the Victory Fund to go to Hillary Clinton’s campaign. The next $33,400 is earmarked for the DNC, and the remaining funds are meant for state Democratic parties. Under this agreement, it was assumed that the DNC would spend that money helping each respective state party win down-ballot elections.

However, after the original distribution, the Clinton campaign is the sole decider of what happens to the rest of the cash.

Something's fishy here

Politico's original story

I guess it's time for HRC people to throw Politico under the bus now too.

[Demsrule86]

1. Article is almost a month

You can do better...I posted a chart and showed it was not true. Politifact also checked it out.

Actor and activist George Clooney also appeared on Meet the Press to talk about a dinner he hosted for Hillary Clinton at his California home. Clooney said he didn’t disagree with Bernie Sanders supporters who threw dollar bills at Clinton’s motorcade in protest of the big-money political event.

"It is an obscene amount of money. The Sanders campaign when they talk about it is absolutely right," Clooney said. "It's ridiculous that we should have this kind of money in politics. I agree completely."

But Clooney said the money he helped raise for Clinton in California has to be put in perspective.

"The overwhelming amount of money that we're raising, and it is a lot, but the overwhelming amount of the money that we're raising, is not going to Hillary to run for president, it's going to the down-ticket," he said. "It's going to the congressmen and senators to try to take back Congress."

Clooney’s claim is largely correct. It rates Mostly True.

The Clinton fundraisers Clooney was talking about were on behalf of the her Hillary Victory Fund, which distributes the donations to several entities — her campaign committee (Hillary for America), the Democratic National Committee, and the state parties.

Because federal law says individuals can't give more than $2,700 to a presidential candidate's primary campaign (another $2,700 can be collected for the general election), Clinton's Victory Fund has set up its rules so that the first $2,700 donated goes to her.

The next $33,400 goes to the Democratic National Committee (the maximum allowed for an individual under federal limits) and the remainder is split among 32 state parties to finance federal candidates. The federal limit for each state is $10,000.

So if a large donor gives $356,000 to the Victory Fund, Clinton would directly get less than 1 percent.

If a small donor were to give $3,000, the Clinton campaign would directly get 90 percent.

http://www.politifact.com/truth-o-meter/article/2016/apr/17/fact-checking-april-17-edition-meet-press/

[Thinkingabout]

2. One of the candidates which has received a donation from Hillary's fund raising

Is Sanders, her fund raising donated $10,000 to Sanders when he ran for the senate. The Clintons have raised money for down ticket candidates for years, trying to get Democrats elected in order to get progressive ideas passed. I doubt they will stop now. If she has taken $2700 from each person and putting the rest into down ticket candidates then she is following the FEC laws.

[CorporatistNation]

6. Utter NONSENSE!

[Thinkingabout]

7. Here is the answer to your nonsense, this is a well known fact.

http://bluenationreview.com/bernie-received-10000-from-hillarys-pac-to-win-senate-seat/

[tandem5]

18. Ha! I didn't know that! I love it!

[roguevalley]

22. poor hrc. another thing she did that isn't her fault

[Demsrule86]

3. Do you think we will fall for the BS?

Politico should have retracted that story though...and you guys never check sources.

[TexasBushwhacker]

4. Hypothetically, let's say she wins the GE

Because she stiffed the state campaigns, the Dems don't regain control of the Senate and we don't gain any seats in the House.. That's four more years of gridlock and possible impeachment over violating FEC regulations (and those damn e-mails). This is not smart.

[Robbins]

5. and even worse

she will work with republicans when they aren't investigating and trying to impeach her to past corporate friendly bills.and she
will get dems killed In 2018.

[Thinkingabout]

8. How much has Sanders contributed to down ticket candidates?

If there has been any stiffing it is by Sanders who was supposed to raise money for down ticket candidates, so far that has been $1,000.

[HerbChestnut]

11. Hundreds of Thousands of dollars, if not more.

He sends out fundraising emails for progressive candidates, and they usually get a ton of money as a result. Tim Canova, DWS's primary opponent, is probably the best example. He's raised close to $1 million, much of that coming because of Bernie's emails. There's a bunch of other candidates as well.

[Thinkingabout]

13. Oh, really, he only reported $1,000 early this year when it was pointed out he

had not raised money for down ticket candidates but Hillary had. Interesting.

[HerbChestnut]

14. Yep, he didn't start sending those emails out until people started announcing their candidacies

And their platforms became clearer.

[Thinkingabout]

15. Guess he forgot to post the information.

[pdsimdars]

10. She would probably prefer to work with the GOP because she will be implementing

their agaenda anyway.

[AzDar]

9. K & R

[polly7]

12. Nothing much with her campaign seems above board. I guess win at all cost is just another 'meh'. nt

[tandem5]

16. I heard she collects puppies from shelters and ships them off to sweatshops in Malaysia!

They power the sewing machines! She must be stopped!

[EndElectoral]

17. Great deflection

I love how HRC supporters will deflect or continually go to "well someone else did the same thing", or "Bernie didn't do it either" rather than address the actual accusation of is this allegation true?

[B Calm]

20. They'll grow tired of defending the Clintons. I did after NAFTA,

but came back and defended him during the impeachment. They'll be like me and will wish the Clintons would just fade away to the north-woods of upstate NY.

[tandem5]

21. Dude I'm serious I read it on ruffingtonpost...

they took it down before I could get a screenshot!

[pnwmom]

19. No, that's NOT what it says. It says the DNC has kept most of the money, not Hillary.

And it says:

Clinton’s campaign and the DNC argue that all Democratic politicians and state parties — even those that aren’t enrolled in the victory fund — will benefit from its fundraising. That’s because the cash will go toward enhancing national voter data, and research and communications efforts that all state parties are entitled to.


And Josh Schwerin, a spokesman for Clinton’s campaign, suggested that a handful of key state parties last month received another $700,000 in transfers from the victory fund, and enjoyed other benefits from it that will be detailed in subsequent FEC reports. (The latest reports cover only through the end of March.)

“About $4.5 million has already been transferred to state parties and there is an additional $9 million on hand that will be distributed over the coming months as state parties ramp up for the general election,” he said in an email. He added that in April, “money raised through the HVF has started to be used to fund Democratic coordinated campaigns across the country, which will help strengthen the party and elect Democrats up and down the ballot.”

Read more: http://www.politico.com/story/2016/04/clinton-fundraising-leaves-little-for-state-parties-222670#ixzz4AActnb4N

[Jitter65]

23. Most of the state funds will be distributed for the GE when they will need it most. nt

[pdsimdars]

24. That's Hillary, it's all about HER.

Here's a very telling video clips from one of their debates.
Just a reminder of who she is and who Bernie is.

,