Here is one of my recent posts on KCET.org
Last week disgraced Democratic campaign
treasurer Kinde Durkee pleaded guilty to defrauding California
politicians out of approximately $7 million. Democratic Senator Diane
Feinstein lost over $4.5 million in campaign funds.
Feinstein wants to go back to the original donors to replace her lost
funds. The problem is that many of these donors have already made
campaign contributions to Feinstein of $2,500, the maximum legal limit.
Even for those donors who have not maxed out on their contributions,
this poses a problem for Feinstein. If a donor gave $2,000, the most
they can now contribute is $500.
In a draft opinion issued by the Federal Election Commission (FEC)
last week the federal agency signaled that it would reject that request.
The agency will vote on Thursday regarding Feinstein's request.
Feinstein is not only heavily favored to win
the election, but she was also able to loan her campaign $5 million
after the Durkee scandal broke. What if that was not the case? What if
we were talking about a candidate in a competitive race without the
personal resources to loan her campaign money? Should that candidate be
able to go back to original donors?
Finish reading the post.