Thursday, April 23, 2015

Why JEB! Bush’s super PAC plan is potentially illegal

Since when have laws stopped a Bush? Where's my caddie?
(Reuters) - Former Florida Governor Jeb Bush is preparing to push the role of the individual-candidate super PAC to new, brazen heights.
The Bush campaign is reportedly planning to reverse the role of Bush’s campaign committee and the “independent” super PAC supporting him – so that the super PAC would essentially become Bush’s campaign committee.
The reason for this audacious move is simple: super PACs can be funded with unlimited donations, while a candidate’s campaign is limited to contributions of $2,700 per donor per election. A relatively small number of millionaires and billionaires could pay for Bush’s race for the 2016 Republican presidential nomination.
The only problem is that the Bush scheme, as reported, would be illegal. Read more.

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