Clinton, Supporters Find Creative Spending Model Amid Super PAC Madness

by - May 18, 2015

Instead of an “independent expenditures-only” committee, Correct the Record plans to register with the Federal Election Commission as a Carey PAC, according to Adrienne Watson, the group’s spokeswoman. The term Carey PAC comes from an obscure FEC rule issued in 2011, in response to a U.S. District Court ruling, Carey v. FEC. As the FEC explained in guidance that October, political advocates are allowed to create “non-contribution accounts,” which can raise unlimited funds from individuals, corporations and labor unions as long as they don’t contribute to candidates. These accounts can be created “for the purpose of financing independent expenditures, other advertisements that refer to a Federal candidate, and generic voter drives,” the FEC said.

Clinton, Supporters Find Creative Spending Model Amid Super PAC Madness

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