Presidential election to pass $2B fundraising mark

  • metta

    Posts: 39107

    Oct 26, 2012 6:20 AM GMT
    Presidential election to pass $2B fundraising mark


    http://alturl.com/rf47m

    [url]http://www.cbsnews.com/8301-250_162-57540781/presidential-election-to-pass-$2b-fundraising-mark/[/url]

    PBS's annual Congressional appropriation for fiscal year 2012 was $445.2 million, with the following distribution:

    $222.36M for direct grants to local public television stations;
    $79.87M for television programming grants;
    $69.18M for direct grants to local public radio stations;
    $26.65M for PBS support;
    $22.85M for grants for radio programming and national program production and acquisition;
    $22.21M for CPB administrative costs;
    $7.04M for the Radio Program Fund.

    The 2012 Presidential election funds raised could fund PBS for 4.5 years.
  • CuriousJockAZ

    Posts: 19129

    Oct 26, 2012 2:28 PM GMT
    I think this sort of thing, regardless of political party, should not be allowed. There should be some sort of fund-raising ceiling imposed. It's getting ridiculous. What's it going to take, $5 billion to run in 2016? It's really gotten out of control.
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    Oct 26, 2012 2:30 PM GMT
    That's just sick.

    These men are arguing about deficits, out-of-control spending and such yet...here we are....
  • GQjock

    Posts: 11649

    Oct 26, 2012 7:47 PM GMT
    Should we send a Thank you note to Justice Roberts et al?

    ..... or is that bill going to be enough? icon_rolleyes.gif
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    Oct 26, 2012 8:31 PM GMT
    The funny thing about this is that these 501(c)(4) (so-called "social welfare" organizations) and section 527 (aka super PACs) organizations are all tax-exempt under current IRS rules. We all know, as does the IRS, that the 501(c)(4) designation is being abused by a significant number of unscrupulous organizations that purport to be "nonpolitical" but are in fact surrogates for super PACs. What we need is strict enforcement and monitoring by the IRS so that misuse of tax-exempt status is discouraged.
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    Oct 26, 2012 8:52 PM GMT
    And I can proudly say I didn't give any candidate a single dollar. I do prefer that the candidates did not take public money for their campaigns however.
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    Oct 27, 2012 12:16 AM GMT
    ConfederateGhost saidThat's just sick.

    These men are arguing about deficits, out-of-control spending and such yet...here we are....


    THIS. UNREAL! icon_eek.gif