"Only an 18-year career politician could dump almost $400,000 in cash into an election and try to call it petty cash."
AP reports that Ned Lamont's campaign said Monday it is filing a complaint with the Federal Election Commission accusing Sen. Joe Lieberman of failing to account for $387,000 in petty cash his campaign spent days before the state's August Democratic primary.
PART 102—REGISTRATION, ORGANIZATION, AND RECORDKEEPING BY POLITICAL COMMITTEES (2 U.S.C. 433)
CFR102.11 Petty cash fund (2 U.S.C. 432(h)(2)).
A political committee may maintain a petty cash fund out of which it may make expenditures not in excess of $100 to any person per purchase or transaction. If a petty cash fund is maintained, it shall be the duty of the treasurer of the political committee to keep and maintain a written journal of all disbursements. This written journal shall include the name and address of every person to whom any disbursement is made, as well as the date, amount, and purpose of such disbursement. In addition, if any disbursement is made for a candidate, the journal shall include the name of that candidate and the office (including State and Congressional district) sought by such candidate. (emphasis added)
via Jane Hamsher at firedoglake
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