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The option for taxpayers does not change the amount of their individual tax or refund. Instead, the funds are designated to go to the Presidential Election Campaign Fund instead of the regular pool of the US Treasury. Accordingly, the amount of the money in the fund is determined by how many taxpayers check the box. [3]
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.
Presidential campaigns in particular prefer things this way, as there is reduced risk for an off-script moment—a very real threat for both major-party nominees, to be clear—and that keeps the ...
The grants for the major parties' general election nominees are adjusted each Presidential election year to account for increases in the cost of living. 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.
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 ...
According to OpenSecrets, the Donald J. Trump for President 2024 committee has spent more than any other candidate-affiliated group in the current election cycle — $54,022,758 as of Feb. 2 ...
Outside spending is expected to play a much larger role in 2016, than it did in 2012, which was the first presidential election after the landmark 2010 decision. [ 4 ] As of July 2015, early fundraising totals for the candidates in the 2016 race have ranged from the millions of dollars to over a hundred million dollars.
According to FEC filings, Menendez’s campaign paid more than $2.3 million to five different law firms in the last quarter of 2023 in the wake of his September indictment (campaign expenditure ...