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Sen. Reid doesn’t need a slush fund to cover retirement expenses

January 14, 2016 by Trina Machacek Leave a Comment

Harry Reid, who became a multi-millionaire over the course of his many decades as an elected and appointed public servant, never seems to run out of schemes to avoid spending that wealth when he can instead tap other sources of funds as if they were his own personal slush funds.

His latest example of parsimony is his request to the Federal Election Commission to allow him to tap $600,000 in campaign and political action committee donations to use to cover his expenses after he steps down as Nevada’s senior senator next year.

Though there is no provision for such a request under law, Democrats argue Reid should get special treatment because of his longtime leadership role in the Senate.

Democratic Chairwoman Ann Ravel, according to the Washington Examiner, said Reid deserves the special dispensation as the “appropriate mechanism for a person who will continue to be doing a public service as a historic figure in our country, to achieve purposes that are important to the American public.”

FEC Commissioner Lee E. Goodman questioned the propriety of the request and the precedent it might set.

“I mean, how do we draw that line? We think you were important enough to walk away with an administrative slush fund. We don’t think you were important enough,” Goodman was quoted as saying. “And the fact that many members of Congress choose to do this and choose to do it at the expense of think tanks, nonprofits shows that there are many other ways to fund this choice after you leave office, but it is not necessitated by your former service or your former candidate status.”

Reid has a penchant for penny pinching by plumbing campaign funds for personal use.

One year he was caught using campaign funds to pay Christmas bonuses to the staff at the Ritz Carlton where he lives in D.C.

The FEC concluded that the paltry $3,300 was too petty to deal with, but Reid later repaid the fund, after The Associated Press reported on it, though Reid still argued it was a legitimate expense.

Then there was the $31,249 in campaign funds that Reid spent over two years to buy trinkets from a “Ryan Elisabeth” to give to donors and staffers. That turned out to be Ryan Elisabeth Reid, one of his granddaughters.

Of course, it might not be Reid’s fault that one of his campaign donors served prison time for fraudulently bundling donations for Reid.

And why should Reid spend his own money when there are so many willing to help out. Like the time the Nevada Athletic Commission gave him free ringside tickets to professional boxing matches at the same time legislation was pending in Congress that would have created a federal oversight of boxing that would usurp the Nevada panel’s powers.

The FEC is expected to act on Reid’s slush fund request later this month.

We think it is high time Reid learns how to spend his own accumulated wealth. — TM

Filed Under: Opinion Tagged With: Harry Reid

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