But since the US Supreme Court opened the door for unions and corporations to spend unlimited amounts of cash on elections, so long as that spending is not coordinated with a candidate, and those entities took full advantage of the invitation to pour millions in cash into the form of institutionalized gambling that is election spending.
“Our research shows a dramatic increase in spending from out-of-state PACs, a shift away from party-centric PACs, and layers upon layers of concealed funders through PACto-PAC contributions,” the organization states, noting that in many cases the true identity of contributors is effectively concealed.
The amount of contributions from outside New Mexico increased from about $2.2 million in 2005-06 to roughly $5.4 million in 2011-12. From 2009-12, most of that cash came from Washington DC and Texas, according to the report.
The report is also missing spending by 501(c)4 nonprofits, so-called “dark money” groups. A bill from Sen. Peter Wirth, D-Santa Fe, aims to fix that loophole. But don’t expect the state to be able to limit campaign money: A federal appeals court recently ruled that a district court was correct in issuing an injunction against a New Mexico law that sought to limit contributions to certain political committees.
The ruling cited the Citizens United ruling—which we’re sure you can study in college.