Dark Money vs. the People: A Tale of Maine's Fight
Maine, USASat Dec 28 2024
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In the 2024 U. S. presidential election, billionaires like Elon Musk and Michael Bloomberg spent record amounts, highlighting the influence of wealthy donors. In Maine, a small state with a big idea, residents voted to limit super PAC donations to $5, 000 per individual or entity. This law went into effect on December 1, aiming to curb the power of dark money. Dark money refers to funds from unknown sources that influence politics. Super PACs, which allow unlimited donations, have been around since 2010. They were created after court rulings like Citizens United and Speechnow, which said limiting such donations violated free speech rights. Now, critical voices argue these rules give wealthier people undue influence, changing how candidates campaign. Harvard professor Lawrence Lessig believes super PACs lead to a trail of corruption, with only a few elites swaying politics. The Maine initiative, though facing legal challenges, shows voters want change. They want to limit the power of dark money in politics.
https://localnews.ai/article/dark-money-vs-the-people-a-tale-of-maines-fight-54142569
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