What happens to a candidate’s campaign contributions if that candidate loses in the primary?
Posted on December 28th, 2009 by admin
If that candidate has money left over, does it simply go to his or her party’s general election fund? If so, what happens if that candidate doesn’t have a party?
I don’t think all candidates receive matching funds. I think McCain and Edwards are the only ones left who did.
What if there is money left? For hypothetical, say a candidate has a heart attack and passes away. What happens to his $10 mil?
After the primary, it goes into a candidate’s campaign fund. This fund is kept separate from their personal money and can only be spent on things related to the person’s political career. When they retire, the account becomes their own personal money.
December 29th, 2009 at 12:09 am
All candidates receive matching funds courtesy of you…
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December 29th, 2009 at 12:30 am
There won’t be any money left. They have to pay staffers, payoff loans, etc.
If they have anything left over after they take everything they can for themselves and their friends, then it gets put into the parties coffers.
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December 29th, 2009 at 12:44 am
I believe it is all donated to the "human fund"
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December 29th, 2009 at 1:27 am
Yahoo! Answers is garbage and is a black hole of intelligent information.
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Trust me. I don’t know what this means for a living.
December 29th, 2009 at 1:38 am
After the primary, it goes into a candidate’s campaign fund. This fund is kept separate from their personal money and can only be spent on things related to the person’s political career. When they retire, the account becomes their own personal money.
References :
http://www.opensecrets.org/2000elect/other/presfund/CRS_s95-824.htm