I am trying to find out what happens to excess campaign contributions when a Presidential Candidate drops out.
Posted on February 28th, 2010 by admin
For example…If Fred Thompson was to drop out of the running, had raised 10 mil, spent 5mil on campaing signs and buttons. What happens to the left over 5 mil? Is it donated to the national fund to be used by the final party candidate or does Fred get to keep it and "thanks for running".
He can donate it to charity or another candidate. He can also save it for possible future campaign. He cannot use funds for private applications.
February 28th, 2010 at 3:08 pm
They go to the party of the candidate.
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February 28th, 2010 at 3:58 pm
It’s Fred Thanks For Running.
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February 28th, 2010 at 4:17 pm
From what I understand is that they can almost do what they want with it or use if for future campains which is what Hillary did.
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February 28th, 2010 at 5:06 pm
The use tae leftover funds fro themselfs
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February 28th, 2010 at 5:36 pm
It is the candidate’d discretion what to do with the money, but it must be used for political purposes.
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February 28th, 2010 at 6:05 pm
The money is a donation to the party.
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February 28th, 2010 at 6:28 pm
He can donate it to charity or another candidate. He can also save it for possible future campaign. He cannot use funds for private applications.
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February 28th, 2010 at 6:54 pm
They will donate to charity or to another candidate, or they can save it for future campaigns. When Edwards pulled out in 04 he used his extra money to help fund the Kerry/Edwards ticket later on.
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February 28th, 2010 at 7:07 pm
Its interesting that you mention Fred Thompson.
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February 28th, 2010 at 7:47 pm
Depends on their future and/or current profession. Normally the money goes to the politician’s war chest for future campaigns. In Fred Thompson’s case it’s really up to him and his campaign what happens to the money. Sometimes it does go into the general party fund but it doesn’t have too.
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