disclose, denny

Wednesday, February 15, 2006

open secrets

Here is some more of Hastert's campaign contribution data from Open Secrets.org

Again, this data isn't particularly useful for our current purposes, but here it is.

1995-96
Total Receipts: $948,369
Source of Funds:
PACs $550,187 (58.0%)
Individuals $362,676 (38.2%)

---------

1997-1998
Total Receipts: $1,019,580
Source of Funds:
Small Individual contributions(<$200) $130,941 (12.8%)
Large Individual contributions ($200+) $262,341 (25.7%)

---------
2000
Raised: $2,386,942
Source of Funds:
PACs: $1,307,648 (55%)
Individuals: $1,004,692 (42%)

----------
2002
Raised: $2,995,170
Source of Funds:
PACs: $1,319,855 (44%)
Individuals: $1,588,870 (53%)

-----------
2003-2004
Total Receipts: $4,862,029
Source of Funds:
Individual contributions $2,924,677 (60.2%)
PAC contributions 1,911,381 (39.3%)
---------

Also, OpenSecrets notes that "PAC contributions and large donations from individuals are the two biggest sources of contributions for most members of Congress. In the 2000 elections, winning U.S. House candidates collected about 42% of their money from PACs, 37% from individual contributions of $200 or more, and 15% from small individual contributions.

1 Comments:

At 4:42 AM, Blogger Miguel said...

One of the criticisms that will no doubt be levied toward the Disclose, Denny campaign is that if the charges are true, Hastert seems to have sold out for a surprisingly small amount of money (tens of thousands). However, consider this statement from evote.com:

'Financial Disclosure: Hastert, Gephardt of Modest Means, Pelosi, Frist in the Millionaire Club

Every year members of the House and Senate file financial disclosure forms which list all sources of income, assets and liabilities. This year's forms reveal that democratic nomination candidates Kerry, Edwards, Graham and Dean all list assets in the multi-million dollar range. Many members of Congress are multimillionaires, like House Minority Leader Nancy Pelosi (D-CA) and Senate Majority Leader Bill Frist (R-TN). Some members like Speaker Dennis Hastert (R-IL) and Representative Richard Gephardt (D-MO) are of surprisingly modest means.

...Reps. Hastert and Gephardt peg their assets at around or below half a million dollars. "

So we must keep in mind that to someone like Hastert, tens of thousands of dollars is a significant amount of income: to someone like Pelosi or Frist, it would be what we call "chump change".

 

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