Democracy PAC/Democracy PAC II
News Talk
Political leanings: Democratic
2022 Spending: $42.8 million, combined
Democracy PAC and Democracy PAC II are liberal super PACs created by billionaire George Soros to fund political organizations that help elect Democrats.
Michael Vachon, an adviser, spokesperson and chief of staff for Soros, is the treasurer of Democracy PAC, which was created in January 2019, and Democracy PAC II, which was formed in July 2021. As super PACs, both can accept unlimited donations.
Democracy PAC is solely funded by Soros and the Fund for Policy Reform, of which Soros is the founder and board chairman. The Fund for Policy Reform is one of six Open Society Foundations, which describes itself as “the world’s largest private funder of independent groups working for justice, democratic governance, and human rights.” &
As of June 30, Democracy PAC had received $60.7 million for the 2024 campaign cycle — and nearly all of it was donated by the Fund for Policy Reform, according to filings with the Federal Election Commission.& Of that amount, the super PAC spent $37.3 million on contributions to other liberal political organizations, including a $10 million donation to FF PAC, $7.5 million to Senate Majority PAC, as well as $2.5 million donations...
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