Saturday, July 17, 2010

Biden slapped with $219k fine from FEC

At a time when Democrats need to minimize negative press to avoid substantial losses this fall, the Federal Elections Commission announced this week that Vice President Joe Biden (D) violated federal campaign finance law during the 2008 election.

The finding that Biden for President accepted over-limit contributions and a discounted flight on a privately-owned jet was only compounded by what has been characterized as sloppy campaign accounting.

The flight was found to have been undervalued by nearly $27,000, according to an audit completed by the FEC since the campaign was partially funded by public funds. The audit also identified more than $100,000 in over-limit contributions that Biden's campaign did not seek to quickly address.

For the violations, the FEC fined Biden's campaign $219,000.

Biden's campaign team is downplaying the findings, stating that they attempted to contact the over-limit contributors.

Related Links:
FEC Audit Report (PDF via Politico)


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2 comments:

commoncents said...

Thanks for posting this! I love your blog!!

Steve
common cents
http://www.commoncts.blogspot.com

Anonymous said...

Are you coming back??

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