On Tuesday, October 7th, 2008 at 3PM Eastern – I will sit down with RNC Chief Counsel Sean Cairncross to discuss the recent filing of a complaint against the Obama campaign for violating the letter, and spirit, of campaign finance laws. From foreign nationals to excessive contributions (those that exceed the federal limit of $2300 per election, for a total of $4600, per person – per cycle) and other funny money.
From Michael Isikoff’s latest in Newsweek:
To critics, though, it can be an invitation for fraud and illegal foreign cash because donors giving individual sums of $200 or less don’t have to be publicly reported. Consider the cases of Obama donors “Doodad Pro” of Nunda, N.Y., who gave $17,130, and “Good Will” of Austin, Texas, who gave more than $11,000—both in excess of the $2,300-per-person federal limit. In two recent letters to the Obama campaign, Federal Election Commission auditors flagged those (and other) donors and informed the campaign that the sums had to be returned. Neither name had ever been publicly reported because both individuals made online donations in $10 and $25 increments.