June 12, 2012
Campaigns and political groups can now receive donations through text messaging, thanks to a new ruling by federal election regulators that creates a new cash-gathering tool in this election year’s race to raise unprecedented amounts.
The Federal Election Commission on Monday gave its unanimous approval to allow candidates’ political action committees to collect contributions submitted via text messaging, a near-instant way to garner small-donor cash often viewed as a sign of grassroots support.
Fundraisers and campaign finance reform advocates have long argued in favor of the move seen as giving small donors a chance for a bigger say in the 2012 campaign that has been marked by abundant six-figure donations to political groups known as Super PACs, or political action committees, which have no limits on spending and donations.
This article was posted: Tuesday, June 12, 2012 at 10:50 am