How Hillary Clinton seems to have broken the Campaign Finance Laws
Hillary's Hollywood gala that raised $1 million in hard money that August. This meant that the campaign could use soft money to pay for all costs up to $400,000. David Rosen conveniently reported to the campaign treasurer that the event did, indeed, cost $400,000, avoiding the necessity of spending any hard money on the affair.
But the federal indictment of Rosen, FBI affidavits and the testimony of the event organizers — Peter Paul and Aaron Tonkin — all confirm that the extravaganza's true cost was at least $1.2 million. Press leaks suggests that the feds may have Rosen on tape acknowledging that he understated the cost of the event on purpose.
Here's why he would have done it: If the real cost of the event were $1.2 million instead of $400,000, the campaign would have had to use hard money to make up the difference. The Hillary Clinton campaign would have had $800,000 less of hard money to spend running TV ads and funding get-out-the-vote operations.