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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]
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 ...
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. [2]
Nearly three dozen President-elect Donald Trump’s picks to serve in his incoming administration donated to his campaign or to the deep-pocketed outside groups that worked to elect him, a CNN ...
The source of the funds comes from a $3 voluntary checkoff on the US Income tax form. The program was established by the 1971 Federal Election Campaign Act. The law also "established overall spending limits for eligibility to receive matching funds, and provided for public funding of major party candidates in the general election for president ...
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 ...