Talk:Hybrid PAC

Wiki Education assignment: Money and Politics
— Assignment last updated by SRP1828 (talk) 19:59, 19 September 2023 (UTC)

History The hybrid PAC has its origins in the Carey v. the Federal Election Commission case, brought in 2012 by retired United States Navy Rear Admiral James J. Carey. Dan Backer, Carey's attorney in the case, argued that the current laws governing campaign contributions prohibited "a nonconnected political committee from soliciting and accepting unlimited contributions to one bank account designated for independent expenditures, while maintaining a second, separate bank account designated for source- and amount-limited contributions to candidates and their authorized political committees."[5] A judge in the D.D.C. ruled in Carey's favor, which opened the door for any PAC or super PAC to reclassify themselves as a hybrid PAC.[6]

Ready PAC Ready PAC was founded/launched on January 22, 2013, by Adam Parkhomenko and Allida Black, both of whom worked with the Obama campaign. Its creation was with the purpose of persuading Hillary Clinton to run for President in the 2016 Election. Notable members of the Ready PAC include Harold Ickes (Former Clinton Whitehouse Strategist), Craig Smith (Former Clinton Whitehouse Political Director), Jim Lamb (Hillary Clinton's former campaign lawyer), and James Carville (soliciting contributions for Ready PAC in its early days). (“Ready PAC.” Ballotpedia. https://ballotpedia.org/Ready_PAC (September 17, 2023).)

Correct the Record (PAC) Correct the Record, originally founded as "American Bridge 21st Century", in 2013. Correct the Record split off from "American Bridge 21st Century" to solely focus on supporting Hillary Clinton in her 2016 Presidential campaign. Correct the Record is self-described to be a "strategic research and rapid response team designed to defend Hillary Clinton from baseless attacks". The most notable member of Correct the Record is Jennifer Granholm, the former co-chairwoman on the board of Super PAC Priorities USA Action. Correct the Record raised $3,436,572 in 2015 according to FEC records ($3,104,476 was spent). (“Correct the Record.” Ballotpedia. https://ballotpedia.org/Correct_the_Record (September 17, 2023).) — Preceding unsigned comment added by JordanChase06 (talk • contribs) 01:22, 30 September 2023 (UTC)