White House hopefuls raking in record amounts of money in the 2016 presidential race are already being accused by watchdog groups of breaking campaign fundraising laws.
Former Rhode Island Governor Lincoln Chafee formally announced his bid for the 2016 Democratic presidential nomination on Wednesday, becoming the third candidate to challenge party front-runner Hillary Clinton.
Chafee, 62, a former Republican U.S. senator as well as an independent for a short time, announced his campaign in a speech at George Mason University in Virginia, just outside Washington. He became a Democrat in 2013.
Bernie Sanders, a socialist Senator from Vermont, launched his presidential campaign last week. So how has he been doing? Actually, better than many people have expected. Sanders has been doing well with liberals who may see his progressive charge for the White House as holding some of the essence that front-runner Hillary Clinton lacks. Clinton is still leading by 50 points, but an explosion of support for Sanders online is resonating with those who may have caught him on Late Night with Seth Meyers recently.
The 2016 presidential race is already expected to be the most money-soaked in history, reports Reuters’ Emily Flitter. With billionaires backing several of the contenders, campaign finance watchdog groups fear heavy spending by these ultra-rich Americans will warp the election. Big spenders, though, don’t always get their candidates into office. As this Reuters graphic shows, large sums of money don’t always translate into victory at the polls. Indeed, studies of the 2012 and 2014 elections by the Sunlight Foundation, a Washington-based non-profit that tracks political spending, show that most groups backed by billionaires had less success swaying election outcomes than groups controlled by trade organizations or professional political strategists.
With election season come the pundits. Sarah Palin may have shrunk to a smaller presence on the national stage since the defeat of John McCain in 2008, but she jumped eagerly into the fray this weekend. Her weapon? A Facebook attack on Martin O’Malley, the former Maryland governor who announced last week that he was seeking the Democratic nomination to the White House.