Wealthy donors have always had an outsized influence in our democracy, but misguided jurisprudence, like the Supreme Court’s Citizens United decision, has opened the floodgates for mega donations and corporate spending in our elections.
Spending on political races has skyrocketed, and running for office has never been more expensive. The 2020 election cycle was the most expensive in U.S. history with over $14 billion spent. As a result, unless candidates are independently wealthy, they often need to court contributions from mega-donors or corporate interests to be competitive in their races.
This gives a very small number of people massive influence on who runs for office and, often, what issues they decide to talk about. In 2016, fewer than 400 families gave more than half of all of the money raised in the presidential race. That’s not how our democracy is supposed to work. Our democracy is supposed to be based on the principle of one person, one vote.
Ultimately, we need to overturn Citizens United and make other systemic changes if we want to get big money out of our elections. But large-scale changes like these take time, public pressure, and elected leaders who are committed to making it happen. That’s why we’re researching and advocating for small donor empowerment programs, that will bring power back to the people.