Record Contributions Pour Into Mo. Campaigns, Causes Ahead of Election

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JEFFERSON CITY, Mo. – Political donors in Missouri are throwing almost double the amount of money into this election than they did in the last two state elections.
          
Since the Aug. 2 primary, there has been $27 million worth of contributions of more than $5,000 to candidates or causes.

That’s about double what it was in the same period in 2014, and $10 million more than the last presidential election year.

Republican Gubernatorial Candidate Eric Greitens has received $7 million in large donations since August, with most of it coming from the Republican Governors Association.

Democratic Gubernatorial Candidate Chris Koster has received $4 million, although he has the overall cash advantage on Greitens.

Tobacco companies have donated $3.8 million to two competing proposals to raise Missouri’s cigarette tax.

All of these donations are pouring in at a time when Missourians will have a chance to decide if they want to reinstate campaign contribution limits.

Amendment 2 on the November ballot would cap individual contributions to candidates at $2,600 and limit donations to a party at $25,000.

Supporters of these measures say they are needed because candidates are no longer courting Missouri voters, they are depending on large donors.

Opponents argue political donations are a form of free speech, and the caps in this proposal will just force donations into super PACs and other dark money groups that do not have to disclose their source of funding.

Right now any contribution of more than $5,000 dollars is flagged within 48 hours by the Missouri Ethics Commission.
 

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