Republicans are regularly called out by Democrats for “dark money” campaign funds, but the dirty little secret is that now-President Joe Biden received a record-breaking $145 million in “dark money” help on his way to the White House.
According to The Anchorage Daily News, Biden received a record-breaking amount of help from “dark money” donations: “Biden’s winning campaign was backed by $145 million in so-called dark money donations, a type of fundraising Democrats have decried for years. Those fundraising streams augmented Biden’s $1.5 billion haul, in itself a record for a challenger to an incumbent president.”
Democrats, who have used dark money all along while railing against Republicans, embraced “dark money” fully this election cycle.
Chairman Guy Cecil of Priorities USA, a pro-Biden PAC, blamed Trump and his supporters for forcing them to go the “dark money” route:
We weren’t going to unilaterally disarm against Trump and the right-wing forces that enabled him.
Dark money is called that because the 501 C organizations do not have to reveal the donors’ identity. According to Opensecrets.org: “Whenever money is spent in a political election with the purpose of influencing the decision of a voter and the source of the money is not disclosed, it is dark money.”
Opensecrets.org explains how non-profits can spend on political campaigns while shielding their donors:
Nonprofit, tax-exempt groups organized under section 501(c) of the Internal Revenue Code may engage in varying amounts of political activity. Because they are not technically political organizations, they are generally not required to disclose their donors to the public. These groups, like super PACs, cannot coordinate spending with political parties or candidates, and therefore are allowed to raise unlimited sums of money from individuals, organizations and corporations.
Most dark money is used to buy television time, radio ads, and mailers. The use of “dark money” donations in political cycles is a two-edged sword.
If a donor can remain anonymous, they are more likely to donate to causes and candidates that are socially unpopular without fear of being doxxed if they are Republican or conservative.
On the other hand, bad actors like Geoge Soros can pump even more money into US elections under the cloak of anonymity as he and his Open Society front organizations seek to remake America through mostly Democrat candidates.