Shareholders Push To End Secret Political Spending

Popular Information focuses a lot of attention on the activities of corporate PACs, even though the dollar figures involved are relatively small. Corporate PACs can contribute a maximum of $5,000 per election to a federal candidate. For a typical candidate that has a primary and general election, that’s $10,000 per cycle. 

So why do we spend so much time tracking this spending?

Because corporate PACs are one of the few aspects of corporate political spending that is fully transparent. All of the money donated by corporate PACs to federal candidates is reported to the FEC. Things are a bit more complex on the state level, but it’s a similar dynamic. Most states also have fairly regular disclosure of corporate PAC donations. Some states allow corporations to donate directly to candidates but those donations still must be disclosed.

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