Low in Cash and Polls, 2020 Democrats Get Creative With Accounting
Staff members for a half dozen Democratic presidential candidates did not receive their final June paycheck that month. Instead, their campaigns nudged payday into July, an accounting maneuver that obscured payroll costs and temporarily made it look like candidates had more cash on hand than they actually did. Mr. De Blasio did something entirely different to boost his financial position. He used a state-level PAC to underwrite some of his presidential activities, a move called “bewildering” by Brendan Fischer, the director of the federal reform program at the Campaign Legal Center, a nonprofit watchdog group.
Read the article here.