/Where Did it All Come From? Biden Received $132 Million in ‘Dark Money’ Donations
Where Did it All Come From? Biden Received $132 Million in ‘Dark Money’ Donations

Where Did it All Come From? Biden Received $132 Million in ‘Dark Money’ Donations


Where Did it All Come From? Biden Received $132 Million in ‘Dark Money’ Donations
By Newsmax staff
Though Dems have long criticized anonymous money in politics, this latest election cycle saw a wave of it flow into and fill up Democratic Party coffers.
According to an analysis by the Center for Responsive Politics for CNN, more than $320 million in “dark money” boosted Democrats in races for the White House and congressional seats, more than double what Republicans saw.
At the top of the list, the analysis showed, was Joe Biden. He took in nearly $132 million in such anonymous funding for his bid to unseat President Donald Trump. Trump, who is appealing vote counts showing a Biden win, received just $22 million in dark money.
Biden’s aides declined comment on the record, CNN said, but pointed to his letting reporters listen in on fundraising events as evidence of his support for transparency.
They also note that the former vice president, a supporter of  public financing for federal candidates, has proposed sweeping changes to address the role of money in politics and curb the outsize influence of dark money while backing more small-donor, grassroots funding for candidates.
The analysis defined dark money as donations and other spending by nonprofits that don’t disclose sources, and money from limited liability corporations functioning as shell corporations.
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