Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Question: What happens to the money raised for a campaign but never used? (Original Post) Th1onein Feb 2012 OP
I have wondered that also. Sometimes, they give to others' campaigns, but can they keep for any use? northoftheborder Feb 2012 #1
All sorts of things can happen bottomofthehill Feb 2012 #4
Somehow I think every last cent Mz Pip Feb 2012 #2
Ask Sarah Palin (NT) Z_California Feb 2012 #3
Quick Lawlbringer Feb 2012 #5
A surprising large portion ends up in the pockets of lawyers hired to keep the candidate out of jail Brother Buzz Feb 2012 #6
it does not become private property of the candidate unblock Feb 2012 #7
I don't know what the law is but, Thumper79 Feb 2012 #8

bottomofthehill

(8,334 posts)
4. All sorts of things can happen
Mon Feb 6, 2012, 12:34 PM
Feb 2012

Politicians can keep the money in their campaign account in case they run in the future, give it to charity, start a pac, give it to a political party, keep it to contribute to other campaigns when they see fit, pay expenses for their own political travel ( conventions and the like). Before 1992 members could convert it to their personal use ( they had to pay taxes) but could keep the money.

Mz Pip

(27,451 posts)
2. Somehow I think every last cent
Mon Feb 6, 2012, 12:32 PM
Feb 2012

will be used this year.

I do think Pacs campaigns can sit on it for future use. Maybe I'm wrong, though.

Lawlbringer

(550 posts)
5. Quick
Mon Feb 6, 2012, 12:36 PM
Feb 2012

Someone ask Ron Paul?

How much cash did that bozo raise in 08 and 12? How much of it went toward his presidential campains and how much has/will go toward his reelection campaign for congress?

How much for copies of Atlas Shrugged?

unblock

(52,253 posts)
7. it does not become private property of the candidate
Mon Feb 6, 2012, 01:13 PM
Feb 2012

however, one way or another it is spent.

it can roll over to the next campaign, or it can effectively be spent on another campaign (e.g., obama could run an ad in some district in exchange for that district's candidate's endorsement).

many campaigns wind up in the red, with a last-minute spending blitz that exceeds anticipated contributions.

and, yes, there are post-election expenses, including lawyers and fines....

Thumper79

(116 posts)
8. I don't know what the law is but,
Mon Feb 6, 2012, 02:04 PM
Feb 2012

Christine O'Donnell used a lot of her money to buy her own book. O'Donnell's Super Pac spent over $19,000 on buying her book.

Latest Discussions»General Discussion»Question: What happens t...