(AP) – Missouri mega-donors say a newly approved
constitutional amendment to cap campaign contributions won’t keep money out of
politics.
Almost 70 percent of voters on Tuesday approved capping donations to
candidates at $2,600 per election. Checks to political parties can’t exceed
$25,000.
A spokesman for wealthy donor Rex Sinquefield says that actually will empower
big donors.
Spokesman Travis H. Brown says it will be more difficult to track the source
of donations. He says contributors can anonymously give unlimited amounts to
certain nonprofit committees. Those committees then can pass the money on to
others, which can spend it on ads.
He says donors also can create an unlimited number of political action
committees, which each can give the maximum amount to candidates and essentially
avoid contribution limits.
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