SMALL BIZ AND CFR. Tech Cocktail. “In the midst of the GOP’s gain of the Senate yesterday, a recent poll conducted by the Small Business Majority shows that entrepreneurs feel disadvantaged in the American electoral process and believe that big business has an unfair influence on politicians.”
SUPER PACS REV. WP. “In the aftermath of Tuesday’s crushing defeats, the Democratic donor class is already turning its attention to the 2016 presidential contest and ramping up what is expected to be a massive outside flanking operation to back an expected White House bid by Hillary Rodham Clinton.”
ROLE OF REFORM. WY Public Media. “Hardy says although he appreciates the support he did receive, he doesn’t feel he was campaigning on equal footing. He says campaign finance reform could have helped his chances a great deal.”
VOGEL ON MONEY ROLE. Politico. “After two cycles during which conservative megadonors’ record spending was plagued by flawed candidates and internecine squabbling, their side’s big money operatives got to do some gloating on election night.”
WHAT’S IT MEAN? Influence. “The big takeaway from election night for downtowners is that lobbyists are ready to roll up their sleeves and get to work.”
TODAY AT THE FEC. The agenda for today’s Federal Election Commission meeting is online here.
A FIRST. Bloomberg. “While Americans may be getting used to presidential campaigns costing hundreds of millions of dollars, no congressional race in history had ever reached the $100 million mark—until now.”
BURN RATE. ABC. “The 2014 House and Senate midterms will cost around $3.67 billion, the Center for Responsive Politics estimates, with over $100 million more in undisclosed “dark money” spent by certain kinds of outside groups.”
AR: WHAT VOTERS DID. Governing. “A ballot measure aimed at tightening ethics laws and changing term limits in Arkansas bucked expectations and passed 53-47. The measure, officially called Issue 3, bans lobbyist gifts to state officials, prohibits direct corporate and union contributions to candidates and lengthens the time period before former lawmakers can become lobbyists (from one to two years).”
CA: MEASURE PASSED. Voice of OC. “County voters have approved a ballot measure that would allow agencies other than the District Attorney to enforce Orange County’s campaign finance limits for county-level offices, according to results from the county Registrar of Voters.”
MT: SPOUSE LETTER ISSUE. Great Falls Tribune. “Montana Commissioner of Political Practices Jonathan Motl said a man who contacted legislative candidates last week and offered to write and mail so-called “spouse letters” has returned to his home state of Illinois.” More context on spouse letters here.
NY: CUOMO, BIG DONORS, AND LOOPHOLES. NYT. “Of the many advantages Mr. Cuomo had enjoyed heading into his re-election campaign — the heavy Democratic enrollment edge in New York, the visible stage that incumbency provides — few have proved more important than his bank account.”
TX: LAWSUIT ON BLACKOUT. Najvar Law Firm. “Late Tuesday afternoon, Houston City Council candidate Trebor Gordon filed a First Amendment lawsuit challenging a discriminatory Houston ordinance that prevents city candidates from fundraising until February.”
WI: WAUSAU VOTES. Wausau Daily. “Wausau residents don’t think corporations should have constitutional rights, and believe that regulating how money is spent in political campaigns is not the same as infringing on free speech.”
CAN: RESIGNATION AFTER CONVICTION. Reuters. “A Canadian member of parliament who sat as an independent resigned his seat on Wednesday following a court conviction last week for violating campaign financing rules.”
HAVE A GOOD DAY.