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Wednesday, May 9, 2012
Philadelphia Inquirer: Super PAC backing Romney accepting federal contractors' funds

According to the Philadelphia Inquirer, "The super PAC supporting Mitt Romney's presidential bid has accepted more than $1.2 million from federal government contractors, in apparent defiance of campaign-finance regulators. The contributions, reported by the Restore Our Future political action committee over a nine-month stretch ending in February, came from firms in fields such as energy, engineering, and health care. They represent businesses with federal contracts totaling more than $244 million, according to government records."

 

The article suggests that companies were provided with a letter from Restore Our Future that ensured their contributions were legal.  The portion of the letter quoted in the article, however, has nothing whatsoever to do with the legalities of contributions from federal government contractors to the Super PAC.  (“Contributors can rest assured their contributions will not . . . prevent them from obtaining state or local government contracts,” the letter reads.")  The quoted language concerns so-called pay-to-play rules administered by the MSRB and SEC.  The article does not say if the letter actually addresses the federal government contractor issue.




Tags: Super PACs