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Democrats Took $1.5 Billion in 'Dark Money' for 2020 Election

New York Times analysis reveals massive spending during election cycle

 on 31st January 2022 @ 11.00pm
democrats used record  dark money  spending for joe biden s campaign © press
Democrats used record 'dark money' spending for Joe Biden's campaign

During the 2020 election cycle, Democrats spent a staggering $1.5 billion in "dark money" to install Joe Biden in office.

Democrats have complained about so-called “dark money” for a decade.

However, the Democrats' $1.5B “dark money” spending in the 2020 election dwarfed the $900 million for Republicans, according to a recent New York Times analysis.

“Dark money” is money spent by groups outside campaigns and political parties that do not have to disclose their donors.

The spending is hidden either because the donors are organized as “social welfare” organizations under section 501(c)4 of the federal tax code, or as 501(c)3 charities receiving contributions from donor-advised funds that allow many donors to remain anonymous.

Democrats have claimed for years that Republicans are the primary beneficiaries of “dark money,” ever since the Supreme Court ruled against the party in the 2011 Citizens United case.

democrats tried and failed to get an anti hillary clinton film censored in 2011 © press
Democrats tried and failed to get an anti-Hillary Clinton film censored in 2011

The SCOTUS decided that the Federal Elections Commission could not censor an anti-Hillary Clinton film before an election because people organized as corporations, no less than individuals, have free speech rights.

Clinton and almost every Democrat since have run on a pledge to revise the First Amendment to the U.S. Constitution to limit the ability of corporations to spend on elections. Meanwhile, however, they have built a dominant “dark money” machine.

The Times‘ Kenneth P. Vogel and Shane Goldmacher note that Democrats even funded “Republican” anti-Trump groups:

The analysis shows that 15 of the most politically active nonprofit organizations that generally align with the Democratic Party spent more than $1.5 billion in 2020 — compared to roughly $900 million spent by a comparable sample of 15 of the most politically active groups aligned with the G.O.P.…
A single, cryptically named entity that has served as a clearinghouse of undisclosed cash for the left, the Sixteen Thirty Fund, received mystery donations as large as $50 million and disseminated grants to more than 200 groups, while spending a total of $410 million in 2020 — more than the Democratic National Committee itself.…
The big-money right was fractured over whether to support Mr. Trump’s re-election. Anti-Trump Republicans started new groups that were welcomed into the left’s big-money firmament: Defending Democracy Together, co-founded in 2018 by the conservative pundit William Kristol, spent nearly $40 million in 2020 — $10.5 million of it from the Sixteen Thirty Fund. And Mr. Trump’s baseless claims about voter fraud hamstrung Republican efforts to compete with progressive groups that spent heavily to promote early and mail voting.
On the left, the prospect of a second Trump term spurred a new class of megadonors, and helped allay lingering qualms about the corrosive effect of secret money among some Democrats.
joe biden s campaign benefitted from record  dark money  spending © press
Joe Biden's campaign benefitted from record 'dark money' spending

Republicans are attempting to catch up, organizing their own “dark money” efforts to oppose President Joe Biden and his policies.

However, they have much catching-up to do.

Biden, who struggled early in the race, raised over $1 billion directly in 2020, versus $800 million for President Donald Trump, who was outspent though he had the advantage of incumbency.

[READ MORE] Biden Family Bank Records Subpoenaed by Grand Jury in China Ties Investigation

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