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The funding of political parties is an aspect of campaign finance. Political parties are funded by contributions from multiple sources. One of the largest sources of funding comes from party members and individual supporters through membership fees, subscriptions and small donations.
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 ...
Money raised is applied for the salaries of non-volunteers in the campaign, transportation, campaign materials, media advertisements and other contingencies. Under United States law, officially declared candidates are required to file campaign finance details with the Federal Election Commission (FEC) at the end of every calendar month or quarter.
In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. [1] [2] The legal term PAC was created in pursuit of campaign finance reform in the United States.
The hybrid PAC is required to maintain two separate bank accounts for the two types of expenditures, and to register with the Federal Election Commission (FEC) and report all receipts and disbursements for both accounts. [1] In essence, the hybrid PAC is the equivalent of a traditional PAC and a super PAC operating under the same roof.
In California, there are no limits on campaign contributions for school board races. Some question whether there should be. A Placer County school board candidate received a $10,000 campaign donation.
Reasons offered for why "big money" in politics (campaign contributions and high level lobbying from corporations and the wealthy) should be regulated include: it "results in corruption"; [42] (i.e., “quid pro quo corruption”, or bribery); [43] harms trust in government; [42] decreases public interest in public affairs and government; [42]
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