Bloomberg View: Money Chase for 2016 Is Wild, Wild West

“Nearly every prospective 2016 presidential candidate is raising and spending funds outside the candidate contribution limits, through super-PACs, leadership PACs and other groups," said Paul S. Ryan, senior counsel at the Campaign Legal Center and author of the organization's analysis of the presidential campaign free-for-all. "They’re traveling to Iowa and New Hampshire; they’re hiring campaign staff; one has even opened an office in Iowa. They claim they’re not ‘testing the waters,’ but they look soaking wet to me.”

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