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The indicated funds—originally $1 and implemented in 1966 [1] and changed to $3 in 1994 [2] —began as a start to public funding of elections to provide for the financing of presidential primary and general-election campaigns, as well as national party conventions.
Fundraising plays a central role in many presidential campaigns, and is a key factor in determining the viability of candidates. Money raised is applied for the salaries of non-volunteers in the campaign, transportation, campaign materials, media advertisements and other contingencies.
In 2012, the parties' general election nominees were eligible to receive $91.2 million in public funds, although neither the Democratic or Republican campaigns chose to accept those funds. If general election candidates accept public funds, they agree not to raise or spend private funds or to spend more than $50,000 of their personal resources.
Former Vice President Mike Pence is set to receive nearly $720,000 in public funds to help pay for his recent six-month presidential primary run, a number that could grow if his campaign requests ...
In the run-up to the 2024 U.S. presidential election, President Joe Biden, Vice President Kamala Harris, and former President Donald Trump have collected more than $1 billion each from a variety ...
Former President Donald Trump has paid legal expenses stemming from assorted investigations and legal proceedings against him through donations collected by his leadership political action ...
Money raised is applied for the salaries of non-volunteers in the campaign, transportation, campaign materials, media advertisements and other contingencies. Under United States law, officially declared candidates are required to file campaign finance details with the Federal Elections Commission (FEC) at the end of every calendar month or quarter.
Many campaigns for the presidential, Senate and House elections are not on their own in fundraising, and funds from outside groups poured into these races, in certain cases helping GOP candidates ...