Campaign Now in Charge of Keeping the Nation’s Books Fined $375,000 for Inept Bookkeeping

The Federal Election Commission has just fined President Obama’s 2008 campaign to the tune of $375,000 for basically not having their books in order — or having no paperwork on the books at all — for a series of donations made toward the end of the campaign:

The fines are among the largest ever levied on a presidential campaign by the FEC and stem from a series of missing notices for nearly 1,200 contributions totaling nearly $1.9 million.

Campaigns are required to file reports within 48 hours on donations of $1,000 or more received during the final 20 days of the campaign. The fine was detailed in a conciliation agreement sent to Sean Cairncross, chief counsel for the Republican National Committee.
The fines followed an audit of the campaign by the FEC in the aftermath of complaints by the Republican National Committee and others groups. The Obama campaign paid $230,000 in fines and the Democratic National Committee, which ran a joint fundraising committee with the campaign, paid the remainder.

Those “missing notices” wouldn’t happen to be from overseas donations, would they?

Author: Doug Powers

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