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MoveOn.org says it will limit size of donations to $5,000
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Contributor | zorkpolitics |
Last Edited | zorkpolitics Apr 25, 2004 11:10am |
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Category | News |
Media | Newspaper - Seattle Times |
News Date | Sunday, April 25, 2004 06:00:00 AM UTC0:0 |
Description | After accepting mega donations from Soros et al, now MoveOn.org institutes a contribution limit. This voluntary limit is still 2.5 times the legal limit allowed for Presidential campaigns.
MoveOn.org, one of the best-financed of the independent, liberal and controversial political groups spending millions to defeat President Bush, is shifting its fund-raising and campaign strategy. The group said yesterday it will stop taking large donations from rich backers and instead build a more conventional political action committee with smaller donations.
MoveOn says it now hopes to raise $50 million, which would make it the biggest PAC ever, and spend the money on anti-Bush TV ads, a get-out-the-vote effort and direct contributions to Kerry, the presumptive Democratic presidential nominee, as well as congressional and state candidates, said MoveOn executive director Eli Pariser
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