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Revealed: Nearly $500 million continues to sit in a bloated, unused government fund

Editor's Note: This story has been updated to include additional information from Common Cause.

As Americans rush to file their taxes by this year’s April 18 deadline, a sliver of them — less than 4 percent, if recent history holds — will check a little box that directs $3 to the Presidential Election Campaign Fund.

But that’s still millions of $3 contributions, year after year. And they’ve caused the Presidential Election Campaign Fund — a once-popular resource for White House aspirants that hasn’t been used regularly in 15 years — to swell past $430 million in value as of February 28, according to U.S. Treasury records reviewed by Raw Story.

With the untapped fund likely to continue growing after Tax Day en route to half a billion dollars, politicians and nonprofits have ideas for how to reform the nation’s obsolete public campaign financing policies and reallocate this resource at a time when, according to the Treasury, the country is facing more than a $1 trillion dollar deficit.

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Gun magazine slams NRA for its financial woes as firearm foes celebrate decline of ‘paper tiger’

The National Rifle Association (NRA) endured a withering attack recently from an unlikely source – the Firearms News – in an opinion piece bashing the organization as “running on empty” as it convenes its annual meeting this weekend in Indianapolis.

The magazine is chock full of ads selling firearms. But that didn’t prevent it from giving voice to Rocky Marshall, a Texas trucking executive and former NRA board director, who warned that the meeting “ironically corresponds to a financial tipping point when the NRA’s cash meter drops to empty.”

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Trump PAC lauded by Smithsonian for its 'generous support': government documents

Smithsonian Institution officials scrambled to respond to numerous media requests — and alert Donald Trump's political action committee — when news broke last year that the Trump PAC was funding a portrait of the 45th president destined for the National Portrait Gallery, according to government records obtained by Raw Story through a Freedom of Information Act request.

The brouhaha followed news — first reported by Insider and matched by numerous other news organizations — that Trump's Save America PAC made a "charitable contribution" worth $650,000 to fund official portraits for Trump and former first lady Melania Trump.

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Expect this kind of confusion if Sen. Dianne Feinstein returns to Capitol Hill

WASHINGTON — Once a titan of the Senate, Sen. Dianne Feinstein (D-CA) is nearing the end of her career. The question is whether she’ll leave Capitol Hill on her own terms — she says she will serve out her current term, which ends in January 2025 — or if she’ll give in to pressure from her fellow Democrats and retire in the coming weeks or months.

Raw Story and other news organizations have recently observed a confused and forgetful Feinstein, sometimes personally contradicting official statements her office puts out in her name. For example, in August, at the tail end of an all-night vote-a-rama session, Sen. Elizabeth Warren (D-MA) spoke to Feinstein as if she were a child — and helped direct the senator back to her office for a nap.

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Watch: Tennessee cops let violent neo-Nazis off with warnings after they menaced a charity drag show

Sean Kauffmann gave a stiff-arm Nazi salute as he arrived at a protest outside a drag show at a local brewpub in Cookeville, a small city about 75 miles east of Nashville, Tenn., in late January.

“Kill all the n—ers and the Jews!” shouted a 16-year-old boy who had come with Kauffmann to protest the “Celebrity Drag Brunch,” an event benefiting a local LGBTQ advocacy organization.

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Another fake presidential campaign started, this time for Ron DeSantis — feds won't stop it

WASHINGTON — A number of fake presidential committees have been formed over the last year, and the Federal Election Commission still won't do anything about it.

Last year, a fake campaign committee was formed for former Vice President Mike Pence, sending news reports and speculation swirling.

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How Waco got Donald Trump to pay a huge bill for his MAGA rally

For decades, former President Donald Trump has hated paying bills, be them business or political.

He especially hated the kind he felt he didn't have to pay. Notably, these include police and public safety expense invoices — now collectively worth millions of dollars — many municipal governments fruitlessly sent his presidential campaign after Trump swept into their towns to stage mass political rallies.

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Robert F. Kennedy Jr. registers to run for president

Robert F. Kennedy Jr., the son of the late Sen. Robert F. Kennedy and nephew of President John F. Kennedy, has registered a presidential campaign with the Federal Election Commission — and is publicly testing the waters to see how much support he would have for such a run.

Kennedy, who filed his paperwork with the Federal Election Commission on Wednesday afternoon, is calling his committee Team Kennedy.

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Trump’s former D.C. hotel — once a monument to MAGA — has forgotten its namesake

WASHINGTON – During Donald Trump’s one-term presidency, his namesake hotel, five blocks down Pennsylvania Avenue from the White House, endlessly hummed with political wheeling and personal dealing.

It served as the unofficial clubhouse for the First Family, Republican lawmakers, lobbyists, foreign dignitaries, monied donors and future convicts — from Roger Stone to Paul Manafort. This was the place to down a $100 cocktail, book a $3,600 room or pregame for an insurrection.

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The GOP’s answer to labor shortages? Put kids to work

Business owners are complaining that no one wants to work anymore and there’s a labor crisis in America. The crisis is that workers have more leverage and are refusing to work for minimum wage and be treated like crap.

The obvious solution is raising wages and improving working conditions but some offer a different solution – a return to child labor. After all, children have no work experience, are easily exploited and are unlikely to organize.

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‘Beauty of this system’: N.Y. public defender on seeing Trump sit in the same seat as her indigent clients

Thieves. Stalkers. Rapists. Mobsters. Murderers. All tried and convicted in Manhattan. If DA Alvin Bragg gets his way, you can add a former president of the United States to the city’s long list of felons.

The circus-like atmosphere surrounding Donald Trump has distracted from the gravity of the moment, but for those who work in the Manhattan Criminal Court, today is both business as usual and business most unusual.

And it’s straight-up surreal to New York public defender Thalia Karny, who is intimately familiar with the spot where Trump will today stand before the law.

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Top 10 quotes about Manhattan DA Alvin Bragg that did not age well

Manhattan DA Alvin Bragg has traveled a long and winding road to reach his indictment of former President Donald Trump on charges related to hush money payments to adult-film actress Stormy Daniels.

Little more than a year ago, Bragg was receiving sharp criticism from Trump foes after two top prosecutors in his office — Mark Pomerantz and Carey Dunne — resigned in protest over his unwillingness to charge Trump at that time. There were calls for state or federal authorities to intercede.

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Check thief jacks Sen. Chuck Schumer's campaign account

WASHINGTON — Senate Majority Leader Chuck Schumer (D-NY) is the latest in a string of prominent politicians and political committees to lose campaign cash to a thief.

Schumer's campaign committee acknowledged to federal regulators that a check it cut in November was "fraudulently cashed by someone other than the intended recipient" a short time after its issuance, according to a letter to the Federal Election Commission that Raw Story obtained Monday.

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