What have you always wondered about the economy? Tell Us
Codebreaker

Campaign donations by text could get approved today

John Moe Jun 8, 2012


In case you haven’t noticed, this year’s political season is going to involve a lot of money. Now, the Federal Elections Commission is set to open another portal into the depositories of campaigns. The FEC is set to approve a campaign whereby people can donate via text message, just as they do to donate to charities or vote for American Idol. The big challenge, of course, is recording information about the donor to ensure the record keeping that necessarily goes along with contributions such as these.

From Hillicon Valley:

Text donations would be capped at between $10 and $50 per billing cycle and campaigns would enforce that restriction through tracking donations from “a single user’s mobile phone number” to a single “premium short code” assigned to the political committee. The short code would also enable the aggregator and carriers to ensure “the $50 limit is never exceeded for one political recipient.”

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.