Large-scale financial contributions pouring into the 2016 political race by Super PACs

In the lead-up to the 2016 presidential election, Super PACs have emerged as significant players, shaping the political landscape and influencing the campaigns of various candidates.

One such Super PAC is Right to Rise, supporting Jeb Bush's potential presidential run. Similarly, Elizabeth Warren's supporters have established Ready for Warren, should she decide to join the race. Hillary Clinton's Super PAC, still named Ready for Hillary, has already raised nearly $13 million for her potential campaign. Carly Fiorina's Unlocking Potential and Bobby Jindal's Believe Again are also among the Super PACs supporting their respective candidates.

The Supreme Court decisions in Citizens United v. Federal Election Commission and SpeechNow.org v. Federal Election Commission, decided in 2010, paved the way for the creation of Super PACs. These nonprofits can raise unlimited amounts of money from corporations, unions, associations, and individuals before candidates formally announce their campaigns.

Super PACs have been used by the candidates for polling, policy formulation, hiring operatives, traveling, building networks, and maintaining visibility. However, they must report their donors on a monthly or quarterly basis.

The role of Super PACs in the 2016 presidential campaign is expected to be substantial, as money is expected to play a significant role in the election, as stated in several articles. Daniel Tokaji, a law professor, recently stated that campaign financing has become almost unregulated.

Interestingly, the National Journal suggests that nonprofits may have a greater influence on the 2016 presidential campaign than Super PACs. Potential candidates who are not officeholders can solicit funds for Super PACs, which are supposed to operate independently of candidate campaigns. This trend is evident as at least four Republican candidates (Rick Perry, Rick Santorum, Bobby Jindal, and John Kasich) are linked to nonprofits promoting their vision for America.

Louisiana Gov. Bobby Jindal, for instance, changed the name of his leadership PAC to match the name of a Super PAC supporting his potential presidential candidacy.

In conclusion, the 2016 presidential campaign is set to witness a significant role of Super PACs and nonprofits, shaping the political discourse and influencing the election outcomes. As the race heats up, the impact of these entities on the election remains to be seen.