Qtec
04-20-2010, 08:32 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> Both national party committees spend big chunks on fancy meals, hotels, travel
Washington Post Staff Writer
Wednesday, April 21, 2010
<span style='font-size: 14pt'>Both the national Democratic and Republican party committees spend roughly <span style='font-size: 20pt'>two-thirds of the money they take in</span> on the care and comfort of committee staffs and on efforts to raise more funds,</span> with lavish spending on limousines, expensive hotels, meals and tips, an analysis of the latest financial disclosure data shows.
Monthly committee spending reports, like those that were due by midnight Tuesday, illustrate cultures in which vast sums are consumed with limited accountability, a Washington Post review demonstrates. Neither committee appears to have clear internal spending guidelines, and their reports do not explain hefty expenditures in categories such as "office supplies" and "tips" that consume tax-exempt party funds.
The two parties assert that to raise money, they must spend it, and both have long used donated funds to court and pamper prospective donors with luxurious getaways and gifts.
The nonprofit Center for Responsive Politics, in an analysis done at the request of The Post, calculated, however, that administrative and fundraising expenses consumed roughly $60 million of Democratic revenue in this cycle through the end of February, or <u>59 percent</u> of total revenue that exceeded $100 million. For Republicans, the amount consumed exceeded $74 million, or <u>68 percent </u>of $109 million in revenue</div></div>
link (http://www.washingtonpost.com/wp-dyn/content/article/2010/04/20/AR2010042005183.html?hpid=topnews)
Q........
Washington Post Staff Writer
Wednesday, April 21, 2010
<span style='font-size: 14pt'>Both the national Democratic and Republican party committees spend roughly <span style='font-size: 20pt'>two-thirds of the money they take in</span> on the care and comfort of committee staffs and on efforts to raise more funds,</span> with lavish spending on limousines, expensive hotels, meals and tips, an analysis of the latest financial disclosure data shows.
Monthly committee spending reports, like those that were due by midnight Tuesday, illustrate cultures in which vast sums are consumed with limited accountability, a Washington Post review demonstrates. Neither committee appears to have clear internal spending guidelines, and their reports do not explain hefty expenditures in categories such as "office supplies" and "tips" that consume tax-exempt party funds.
The two parties assert that to raise money, they must spend it, and both have long used donated funds to court and pamper prospective donors with luxurious getaways and gifts.
The nonprofit Center for Responsive Politics, in an analysis done at the request of The Post, calculated, however, that administrative and fundraising expenses consumed roughly $60 million of Democratic revenue in this cycle through the end of February, or <u>59 percent</u> of total revenue that exceeded $100 million. For Republicans, the amount consumed exceeded $74 million, or <u>68 percent </u>of $109 million in revenue</div></div>
link (http://www.washingtonpost.com/wp-dyn/content/article/2010/04/20/AR2010042005183.html?hpid=topnews)
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