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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.
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.
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.
There's a lot of money being poured into the 2020 election. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
This article is a list of United States presidential candidates. The first U.S. presidential election was held in 1788–1789, followed by the second in 1792. Presidential elections have been held every four years thereafter. Presidential candidates win the election by winning a majority of the electoral vote.
In the first 24 hours of Harris's candidacy, the presidential campaign raised $81 million in small-dollar donations, the highest single-day total of any presidential candidate in history. [82] By August 1, ten days after the launch of the campaign, the Harris campaign raised $310 million in small-dollar donations through ActBlue. [83]
Outside of self-funded presidential candidates, no individual has donated more to shape federal contests in a single election cycle, said Brendan Glavin, research director of OpenSecrets, a ...
Hours after Joe Biden stepped aside in the 2024 presidential campaign and backed Kamala Harris, large and small donors began digging back into their pockets. 'The floodgates will open': Democratic ...