As the influence of corporate money and “dark money” has risen in recent years in the wake of the U.S. Supreme Court’s landmark Citizens United ruling in 2010, the issue has become, for the left at least, increasingly political. U.S. Sen. Bernie Sanders, I-Vermont, famously shunned all corporate donations in his 2016 presidential campaign, as did 28-year-old Alexandria Ocasio-Cortez, who won the Democratic primary in the 14th Congressional District in New York, unseating the fourth-ranking House Democrat.
“We need to get money out of politics, there’s no doubt about that,” says U.S. Rep. Jimmy Panetta, who is among those in Congress advocating for campaign finance reform. At this point, however, he says he and his Democratic colleagues feel they have no choice but to continue taking corporate money. “You have Republicans getting millions and millions of dollars,” he says. “To compete legitimately at this point, you have to be able raise money.”
Panetta has almost $700,000 cash on hand. Large donors include a number of agribusiness-related PACs. Those include heavy hitters in sugar – the American Crystal Sugar Company PAC ($5,000) and American Sugar Cane League of USA PAC ($1,000). There are gifts from PACs representing the dairy industry, cotton ginners, cattlemen, citrus growers and winegrape growers, among others.
Since 2017, Panetta has also received about $320,000 from hundreds of individual donors.
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