is to incentivize candidates to take reform pledges that bring greater accountability to their own campaign practices, generating models of reform that demonstrate its possibility and underscore its value.
No Dark Money
Across the ideological spectrum, an overwhelming majority of Americans agree that the public deserves to know who's paying for the political advertisements that flood our airwaves. Despite this, the amount of secret money in our elections has increased by over 6200% in just six years.
CounterPAC's "no dark money" pledge is a powerful tool that can bring full transparency to political spending by challenging candidates to reject the support of secret donors.
- Outside campaign spending from anonymous donors increased by 6200% in only six years.
- No laws prevent special interest fron groups, fly-by-night shell companies, multinational corporations, or even foreign governments from spending money to influence our eletions.
- 60% of outside spending in 2014 Senate races has been funded by untraceable anonymous donors.
- Anonymous outside money buys almost entirely negative advertising.
The Candidates reject the following expenditures by any entity unless the funding source of the expenditure is clearly disclosed and can be traced back entirely to one or more of the following "transparent sources":
- An individual;
- A well known corporation with revenue from trade or commerce of at least $50 million for each of the past five years;
- A nonprofit that has more than one million members, has been in existence for more than 10 years, has members in all 50 states and raises 15 percent or less of its funds from corporations; or
- An entity registered and filing reports as a "political committee" with the Federal Election Commission that has not accepted more than $10,000 from a corporation or nonprofit failing to meet the criteria described above.
Rejected Undisclosed Expenditures. The Candidates reject the following expenditures by any entity failing to meet the criteria described above:
- independent expenditures, that is, any independent-expenditure television, radio, cable, satellite, or online advertising by a third party in support of or in opposition to a named, referenced (including by title), or otherwise identified Candidate;