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Print article According to Bloomberg News, President Joe Biden’s winning campaign took in $145 million in so-called “dark money” donations, compared to only $28.4 million such donations spent on behalf of Donald Trump’s losing bid. Biden’s campaign ultimately raised $1.5 billion. While citizens can donate as much as $2,800 to a candidate in a federal election, that donation is publicly reported on the candidate’s Federal Election Commission Reports. Wealthy individuals who want to donate more (in many cases, a whole lot more) can donate to political nonprofit groups that are under no obligation to release their sources of funding. Those nonprofits can spend to support their preferred candidates or funnel it to candidate’s Super PACs. That’s a whole lot of influence! Million-dollar donors get their phone calls answered and maybe get their favorite legislation passed. Those millions of dollars are able to drown out the voices of regular Americans.
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