Santa Cruz City Council candidates express different views on campaign fundraising
On the national level, campaign spending continues to escalate to mind-bending levels. And with the 2010 Supreme Court Citizens United ruling that removed all financial limits to corporate contributions, the financial arms race for candidates has become increasingly controversial.
According to the Washington Post, presidential candidate Mitt Romney was leading President Barack Obama in campaign fundraising in late August, $185.9 million to $123.7 million. The forthcoming election will be the most expensive on record, according to the Center for Responsive Politics.