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Hillary Clinton would consider backing bid to limit money in politics
By Dan Merica, July 21, 2014
When Hillary Clinton ran for the Democratic presidential nomination in 2008, she raised and spent more than $250 million to eventually lose to Barack Obama, according to the Federal Election Commission.
That was then.
On Monday, Clinton - who is now weighing another run at the presidency in 2016 - was asked during a Facebook question and answer session whether she would "support a constitutional amendment" to overturn the Supreme Court's "Citizen's United" ruling and limit the amount corporations and outside influences can contribute to political campaigns.
"I would consider supporting an amendment among these lines," Clinton responded. "That would prevent the abuse of our political system by excessive amounts of money if there is no other way to deal with the Citizen's United decision."
The 2010 Citizens United decision opened the floodgates for outside money in politics and ballooned the amount spent on campaigns.
Even though Clinton has said she wants to limit money in politics, people close to her are preparing to raise massive sums for a possible presidential bid.
Some of her biggest 2008 donors told CNN in January that they are waiting for her decision on whether to run with open wallets, while a cadre of outside groups – many of whom were created because of the Citizens United decision – have begun to raise money in order to be helpful to her possible candidacy.
Although many pro-Clinton Democratic operatives say they wish big money was not a part of politics, the pro-Clinton groups have embraced the law.
"You have to play the game with the rules as they are," said a source at Priorities USA, a group that plans to raise big money to support Clinton if she runs. "We can't unilaterally disarm."
[major snippage]
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