Wednesday, April 11, 2012

Should Victims of Kinde Durkee be Able to Raise Money From Maxed-Out Donors?

Here is one of my recent posts on

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.

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