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TURNING POINT: Major Democrat Says NO To Super PACS

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  • 3 months ago
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Senator Kirsten Gellibrand has announced she will no longer take corporate PAC money. Cenk Uygur, the host of The Young Turks, breaks it down. Tell us what you think in the comment section below. http://www.tytnetwork.com/join

Read more here: https://www.rollcall.com/news/politics/kirsten-gillibrand-says-goodbye-corporate-pac-money

“New York Sen. Kirsten Gillibrand, a potential contender in the 2020 Democratic presidential primary, said Tuesday she would no longer accept donations from the political action committees of for-profit companies.

Her prohibition includes contributions from PACs connected to trade associations and law firms, her spokesman Glen Caplin told Roll Call in an email, saying the goal was to "get corporate money out of politics."


PAC money from labor unions is still welcome, Caplin said.

PACs have amounted to about 15 percent of Gillibrand’s donations over her career in the House and Senate, according to data from the nonpartisan Center for Responsive Politics. A majority of that political money, 65 percent, has come from business PACs.

Labor PACs represented about 14 percent of Gillibrand's PAC dollars, while ideological or single-issue PACs amounted to more than 20 percent, the center’s data showed. She did not say that she would return past donations from corporate PACs.

“I want to reduce the influence of money in politics,” Gillibrand, who is up for re-election in November, said in a news release.

Lawyers and employees of securities and investment firms are among Gillibrand's top donors, the Center for Responsive Politics has tabulated using Federal Election Commission records.”

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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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