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Overview of campaign financing for presidential candidates in August 2024 Candidate Total raised Total raised since last quarter Individual contributions Debt Spent Spent since last quarter Cash on hand Total Unitemized Pct; Harris [9] $706,409,291 $189,615,034 $335,939,207 $133,333,001 39.7% $0 $503,363,036 $173,848,978 $235,483,260 Trump [10 ...
Politicians are sometimes tempted to spend campaign funds for personal purposes instead of their election campaign. One U.S. Representative, Duncan D. Hunter of California, for example, was sentenced to 11 months in prison in 2020 "for spending 2018 campaign donations on family trips to Hawaii and Italy and private school for his children." [132]
The Revenue Act also placed limits on campaign spending by Presidential nominees who receive public money and a ban on all private contributions to them. [1] Beginning with the 1973 tax year, individual taxpayers were able to designate $1 to be applied to the Presidential Election Campaign Fund .
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 ...
Requirements for a candidate to be declared eligible for funding under the Presidential Election Campaign Fund include agreeing to an overall spending limit, abiding by spending limits in each state, using public funds only for legitimate campaign-related expenses, keeping financial records, and permitting an extensive campaign audit.
It includes current as well as former representatives and senators as well as candidates for office for the 2016 and 2018 [6] election cycles. This list shows only the direct contributions to each campaign but does not include more substantive contributions for lobbying and outside spending.
When election season rolls around, it can seem like news and advertisements about political campaigns, candidates, and the elections themselves are everywhere. If you're planning to donate money ...
Other countries choose to use government funding to run campaigns. Funding campaigns from the government budget is widespread in South America and Europe. [10] The mechanisms for this can be quite varied, ranging from direct subsidy of political parties to government matching funds for certain types of private donations (often small donations) to exemption from fees of government services (e.g ...