What’s Happening:
A political action committee is a group that mostly raises cash for political campaigns. Politicians often rely on these groups to keep their candidacies alive. Millions and millions of dollars flow through these PACs since they are rarely limited by the same financial restrictions that are placed on campaigns.
As you can imagine, Democrats love PACs.
One particular group has been helping to bankroll Joe Biden’s campaign. Future Forward USA Action has been raising millions to keep leftist puppet Joe in office. According to recent filings, the group deposited millions of dollars into its related PAC Future Forward. Except, millions have gone missing. And someone might be in big trouble.
From The Epoch Times:
Nearly $12 million is missing in financial disclosures for a super political action committee for President Joe Biden, prompting calls for an investigation.
Future Forward said that it received $3.4 million from its associated nonprofit, Future Forward USA Action. But Future Forward USA Action said in tax documents that it passed $15.3 million to Future Forward.
Uh-oh. Biden’s super PAC, Future Forward, stated in tax filings that it received $3.4 million from its non-profit Future Forward USA Action. Yeah, they tend to use the same names–perhaps to confuse us.
But Future Forward USA Action claims it provided $15.3 million to Future Forward. So… somebody’s wrong. About $12 million has not been accounted for by Future Forward. And now, an FTC complaint has been made, alleging fraud.
The National Legal and Policy Center is demanding the FTC launch a full investigation into why there is this discrepancy. It’s not as if you can just lose $12 million in the couch cushions. This isn’t a small amount of money to ignore.
For some reason, the PAC is not explaining where that money went. It had to go somewhere! Was Future Forward USA Action lying about how much money is sent to Future Forward? Did Future Forward forget how much money it received?
Why do these fishy reports always come out from liberal PACs? And why does it seem that Democrats don’t seem to care?
Key Takeaways:
- One of Biden’s super PACs is being accused of misreporting funds.
- Future Forward USA Action claims it gave Future Forward $15.3 million.
- The super PAC reported it only received $3.4 million from the non-profit.
Source: The Epoch Times
