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Report: 400 Families Donate Nearly Half the Money in 2016 Campaign

HeadlineAug 03, 2015

A new analysis shows fewer than 400 families are responsible for almost half the money raised so far in the 2016 presidential campaign. The report by The New York Times reveals the vast majority of the $388 million raised so far is being channeled to super PACs which can accept unlimited donations in support of candidates. The concentration of donors appears more pronounced among Republican candidates and their super PACs, who have raised more than half of their funds from about 130 families and businesses. A separate tally by the Associated Press found nearly 60 donations of a million dollars or more accounted for about a third of the total donations raised so far in the presidential race. The first Republican presidential debate is coming up on Thursday.

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