All posts tagged "Tom Cole"

Congress quietly drained hundreds of millions of dollars from a largely unused presidential campaign fund to provide a jolt of cash to the United States Secret Service and election security grants, Raw Story has confirmed.

The massive raid of the Presidential Election Campaign Fund was included late last week in Congress’ latest government funding package, which President Joe Biden signed into law.

Raw Story could not confirm which member, or members, of Congress are responsible for inserting language in the middle of the 1,012-page bill that tapped the fund to the tune of $375 million....

WASHINGTON – While a small band of House Republicans are backing former President Donald Trump to replace Rep. Kevin McCarthy (R-CA) as speaker of the House — there’s no constitutional requirement that the speaker must be an elected lawmaker — key Republican senators won’t even entertain the idea.

“I don’t have any comment,” Sen. Rand Paul (R-KY) replied when asked.

Some of the very same Republicans who are glad McCarthy’s gone are mum when it comes to giving Trump the speaker’s gavel....

An unused government fund intended to pay for presidential elections grew by more than $3 million between May 1 and June 30 — the latest influx of taxpayer-funded money that will now likely sit a bureaucratic black hole for what could be years or even decades, according to a Raw Story analysis of U.S. Treasury records.

The Presidential Election Campaign Fund has now ballooned more than $445.6 million through of June 30, growing by about $2 million in May and just under $1 million in June, Treasury records show.

A once-popular resource for White House aspirants, the fund hasn’t been used regularly in 15 years — but taxpayers continue checking a $3 check box that they encounter when filing their annual tax returns by the April deadline. ...

An unused government fund intended to pay for presidential elections grew by nearly $8.3 million in April — and the taxpayer-funded money will now sit untouched in a bureaucratic black hole for what could be years or even decades, according to a Raw Story analysis of U.S. Treasury records.

The Presidential Election Campaign Fund has now ballooned to $442.7 million as of April 30, Treasury records show.

A once-popular resource for White House aspirants, the fund hasn’t been used regularly in 15 years — but taxpayers continue checking a $3 check box that they encounter when filing their annual tax returns by the April deadline. Even though less than 4 percent of taxpayers checked the box in recent years, the fund continues to grow by tens of millions of dollars annually....