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Diagram by the Sunlight Foundation depicting the American campaign finance system. The financing of electoral campaigns in the United States happens at the federal, state, and local levels by contributions from individuals, corporations, political action committees, and sometimes the government.
Campaign finance laws in the United States have been a contentious political issue since the early days of the union. The most recent major federal law affecting campaign finance was the Bipartisan Campaign Reform Act (BCRA) of 2002, also known as " McCain - Feingold ".
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 Elections Commission (FEC) at the end of every calendar month or quarter.
A $92 million war chest and unclear regulations highlight the need for reform to protect political speech.
If President Joe Biden decides to step aside for the 2024 race, Vice President Kamala Harris would be in line to get first dibs on the tens of millions of dollars in his campaign war chest.
Joe Biden’s campaign finance team is offering a series of sweeteners to its most prodigious fundraisers, promising invitations to events with the president.
Senator Amy Klobuchar speaks on the Act from inside the Capitol Building. The Freedom to Vote Act (formerly known as the For the People Act), [1] introduced as H.R. 1, [2] is a bill in the United States Congress [3] intended to expand voting rights, change campaign finance laws to reduce the influence of money in politics, ban partisan gerrymandering, and create new ethics rules for federal ...
A review of campaign finance records, including Biden’s top individual contributors so far this campaign season, shows that the president is still very much in the fight for Big Tech cash in 2024.