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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.
"campaign funds" are (legally) defined by the Federal Election Campaign Act as funds "used for purposes in connection with the campaign to influence the federal election of the candidate" (see below). [12] "Dark money": spending to influence elections where the source of the money is not disclosed to voters (see below). [13]
The presidential election campaign fund checkoff, which allows taxpayers to designate that the federal government gives $3 of the tax it receives to the presidential election campaign fund, is near the top of the first page on both pre-and post-2018 versions of Form 1040. [citation needed]
The bill would impose strict controls for campaign fund raising. Later in 1988, legislative and legal setbacks on proposals designed to limit overall campaign spending by candidates were shelved after a Republican filibuster. In addition, a constitutional amendment to override a Supreme Court decision failed to get off the ground.
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 ...
In 2005, amid a federal investigation into bribery allegations against former California Rep. Randy “Duke” Cunningham, the FEC permitted the use of his campaign funds to pay legal expenses ...
Overview of campaign financing for presidential candidates in September 2024 Candidate Total raised Total raised since last quarter Individual contributions Debt Spent Spent since last quarter Cash on hand Total Unitemized Pct; Harris [5] $928,210,236 $221,800,946 $437,468,126 $162,848,775 37.2% $0 $773,176,093 $269,813,057 $187,471,148 Trump [6]
An emergency fund is important to help you stay prepared for the unexpected, such as job loss, unforeseen expenses or other emergencies. Does an election season, which can feel volatile, count as a...