Wednesday, March 07, 2007

Large, Undisclosed Contributions to Presidential Libraries Create Potential for Corruption

posted by Blake

In testimony on Capitol Hill, the director of the Center for Responsive Politics urges Congress to shine light on the financing of public-private complexes that honor presidents.

"The potential (for corruption) may be far greater than in the campaign finance system," Krumholz told the committee, chaired by California Democrat Henry Waxman. Libraries can accept multi-million-dollar donations and gifts from corporations and foreign governments. Political campaigns cannot accept those types of contributions.

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