News

Report: $246 Million Raised In 2010 NY Races

New York Gov. Andrew Cuomo (AP Photo/Nathaniel Brooks, Pool)

New York Gov. Andrew Cuomo (AP Photo/Nathaniel Brooks, Pool)

ALBANY, N.Y. (CBSNewYork/AP) – A report from government watchdog groups shows candidates raised about $246 million for statewide and legislative races in 2010, including nearly $72 million in the gubernatorial campaign.

The New York Public Interest Research Group said Monday that individual contributors accounted for $83 million, or about one-third, while businesses or trade associations gave almost $67 million, about three times as much as the $21 million from unions.

Totals included $25 million in donations from other candidates and almost $14 million from political parties.

The report, endorsed by the Citizens Union, Common Cause and the League of Women Voters, recommends public campaign financing, dramatically lowering donation limits and banning personal use of contributions.

The League recently criticized the voting system in New York, citing privacy concerns.

(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2010 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

A report from government watchdog groups shows candidates raised about $246 million for statewide and legislative races in 2010, including nearly $72 million in the gubernatorial campaign.
The New York Public Interest Research Group said Monday that individual contributors accounted for $83 million, or about one-third, while businesses or trade associations gave almost $67 million, about three times as much as the $21 million from unions. 

Totals included $25 million in donations from other candidates and almost $14 million from political parties.

The report, endorsed by the Citizens Union, Common Cause and the League of Women Voters, recommends public campaign financing, dramatically lowering donation limits and banning personal use of contributions.

The League recently criticized the voting system in New York, citing privacy concerns.