Wednesday, November 14, 2018

Quid...

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Gov. Andrew Cuomo has raised $100 million since he first ran for governor in 2010, a staggering sum that includes millions in donations from companies with business before New York state.
A review of records by the USA TODAY Network’s Albany bureau shows:
  • The governor’s donors include 19 companies that received $13 billion in state contracts after giving $425,000 or more to Cuomo’s campaign.
  • A fifth of his donations — $19.7 million — come from a loophole in state campaign-finance laws that allows businesses to far exceed the $5,000 annual limit on corporate contributions.
No other governor has raised such amounts, other than those who self-financed part of their campaigns. The money raised has helped Cuomo easily win two terms for governor, and it gives him a large edge as he seeks a third term in November.

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