National: Money Chase for 2016 Is Wild, Wild West – Bloomberg View
As a result of the different funding vehicles, some candidates are required to limit donations while others are only prohibited from taking checks from certain categories of givers. A few, including Santorum, have organizations that are not bound by contribution caps or public reporting requirements — their trips to Iowa and New Hampshire may be funded by unregulated, anonymous donations. “Nearly every prospective 2016 presidential candidate is raising and spending funds outside the candidate contribution limits, through super-PACs, leadership PACs and other groups,” said Paul S. Ryan, senior counsel at the Campaign Legal Center and author of the organization’s analysis of the presidential campaign free-for-all. “They’re traveling to Iowa and New Hampshire; they’re hiring campaign staff; one has even opened an office in Iowa. They claim they’re not ‘testing the waters,’ but they look soaking wet to me.”