New Mexico in Depth is out with a story delving into how Xochitl Torres Small is circumventing her no corporate PAC pledge and using corporate cash to fund her reelection campaign.
In case you missed it…
Despite no corporate money pledges, Democratic federal candidates keep taking it
New Mexico In Depth
July 30, 2020
While every Democrat running for federal office in New Mexico this year pledged to not accept money from corporate political action committees, they still benefit from corporate giving.
Funneled to their campaigns from intermediary PACs that gather corporate money and then redirect it to candidates for office, the donations shine a light on the complications Democrats face when attempting to distance themselves from corporate special interests while still raising enough money to run winning campaigns.
In New Mexico, Democratic Reps. Xochitl Torres Small in the southern 2nd congressional district, Deb Haaland in the Albuquerque metro area’s 1st district, and Democratic hopeful Teresa Fernandez Leger in the northern 3rd district, have all taken the pledge. Also forgoing corporate PAC donations is Rep. Ben Ray Lujan, who is giving up his seat in the House to run for the U.S. Senate.
But despite the pledges, hundreds of thousands of dollars from corporations are flowing into their campaign coffers through other types of PACs that raise corporate money. Some belong to their colleagues in the U.S. House or Senate, referred to as leadership PACs. Others are trade association PACs, some of which represent small businesses and professionals while others represent industries dominated by big corporations.
“Democrats criticize corporate political activity and often promise not to take donations from corporations. But that is where leadership PACs come in handy,” said Michael Rocca, professor of political science at the University of New Mexico. “Candidates can take the popular position against corporate money and against Citizens United, but then enjoy the benefit of generous corporate donations.”
Rep. Xochitl Torres Small does not have a leadership PAC. Torres Small is defending her seat in southern New Mexico, largely considered a tossup by political analysts. While she’s taken the End Citizen United pledge, she’s still benefited from over $313,000 in donations from leadership PACs as well as campaign accounts from colleagues, many of which have accepted corporate PAC donations. She’s also received over $52,000 from corporate-aligned trade associations. Individual donations currently make up 69% of Torres Small’s contributions.
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