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The option for taxpayers does not change the amount of their individual tax or refund. Instead, the funds are designated to go to the Presidential Election Campaign Fund instead of the regular pool of the US Treasury. Accordingly, the amount of the money in the fund is determined by how many taxpayers check the box. [3]
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]
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 ...
Former Vice President Mike Pence is set to receive nearly $720,000 in public funds to help pay for his recent six-month presidential primary run, a number that could grow if his campaign requests ...
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.
On the Democratic side, 28 of the first 30 biggest expenses listed on the Federal Election Commision summary for Kamala Harris’ campaign are related to media buys and production—A.K.A. ads.
FEC approves extra $617,373 to cover Mike Pence’s campaign, which has a debt of $1.3 million Mike Pence will get $720,000 of taxpayer funds for his failed presidential campaign Skip to main content
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.