Former Senator Espada is on trial for stealing Medicaid funds from his Bronx health clinic.
But as an elected official, Espada had another sweet source of money: campaign contributions.
CWF’s analysis of his campaign finance filings shows that:
- Espada’s fundraising increased more than 650% after he became the Senate’s Housing Committee chair
- More than half of the $484,855.51 he raised from 2009 through 2010 came from the industry that lobbies the Housing Committee – the real estate industry
- Only three contributions came from within his own district.
The conclusion? New York State needs a strong public finance system to shift power away from big money and towards regular voters.