Editorials: The Affluent Ante Up for the Presidency | The New York Times
When the Republican candidates for president expounded on what they would do for ordinary Americans in their debate this month, they neglected to mention that more than half the money underpinning their campaigns has been coming from just 130 big-spending families and the businesses they run. These families are determined to influence the election with six- and seven-figure checks. The stark, sad truth of modern campaigning is that a small pool of the richest Americans is making the candidates in both parties increasingly dependent on special-interest money. Fewer than 400 of the nation’s most affluent families have supplied almost half of the money raised so far by presidential candidates in both parties, according a survey of federal campaign data by The Times.