Cuomo’s Haul Came From Big-Dollar Donors
As detailed by NYPIRG numbers guru Bill Mahoney, the vast majority of Gov. Andrew Cuomo’s contributions since December 2010 have come from well-heeled donors giving him $10,000 and more.
Cuomo yesterday announced his latest fundraising figures, raising $4 million and has $22.4 million in the bank.
Mahoney’s analysis found that 39 percent of Cuomo’s donors have given his 2014 re-election campaign $40,000 and more over the last two years.
Cuomo’s coffers are benefitting from a loophole in the state’s campaign finance laws that allow business subsidiaries or LLCs to give far more cash than the state’s already sky-high limits on contributions.
If Cuomo doesn’t face a primary opponent, he will have to refund as much as $19,700 to those who have more than $41,100.
Cuomo is pushing new campaign finance laws that include public financing of campaigns and a new donor disclosure law.
| Print article | This entry was posted by Nick Reisman on January 16, 2013 at 12:58 pm, and is filed under Andrew Cuomo. Follow any responses to this post through RSS 2.0. Both comments and pings are currently closed. |
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http://www.vjmachiavelli.blogspot.com VJ Machiavelli


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