Can Anyone Explain These FEC Urgent Donation Deadlines to Me?

[K Gardner]

I've been getting emails all along, of course, and donating as I can. Have donated x 3 in the past month. Now I'm getting emails from DNCC and DNC and the Primary campaigns that there is some kind of FEC deadline in 24 hours and money will be "triple matched".

I've googled but can't figure out what this means. Is it crucial that I donate again before midnight? Or is this just typical campaign fundraising?

Don't get me wrong.. I'm thrilled to donate again. Just want to know what the urgency of an FEC deadline is.

Thanks in advance !

[Sekhmets Daughter]

1. From what I understand

The reporting deadline is used by parties and candidates to determine their relative strength and that of their opponents....Nothing more, nothing less. If a candidate, for example, looks very strong with lots of money to spend, the opposition party may decide to concentrate their efforts on some other candidate.

[K Gardner]

2. Ahhh.. gotcha, thanks ! n/t

[Sekhmets Daughter]

3. You're welcome

Please tell me what n/t stands for...I've asked before but no one has replied.

[Silent3]

4. It means "no (following) text"

It means that a full reply is contained in the title of a post, that there's no text in the message portion of a post -- that the title says it all.

[Joe Deasy]

11. Thanks

I received the same type of email.
+$50 to Ted Cruz.

[cyberswede]

12. Do you mean you sent $50 to Ted Cruz?

[davidpdx]

5. The other reason is it allows the campaigns to plan how much they can spend and where

during the last 5 weeks of the election. In 2008, Obama had a surplus, probably from last minute donations that were close enough to election day they couldn't spend the money. That was rolled over to this season though.

[outsideworld]

6. wow

I didnt know that the obama camp is still spending some of the 2008 money.I wonder how much was left

[davidpdx]

7. It was a little under $18 million

and that was probably used very early on.

[djohnson]

8. wow is right

It would be great if ONCE WE GET PRESIDENT OBAMA RE-ELECTED! we continue donating "$3" at a time to raise millions of dollars -in a matter of months!- to be donated directly to the cause of closing this deficit!

It's amazing and no question what the American public can do when we put our minds and, in this case, our pennies/ wallets to a cause. We can get ourselves out of this situation if we spend our money in the right direction. We are the change we have been looking for.

[Joe Deasy]

10. Perspective

The US debt is well over $ 19,000,000,000,000. It increases about $ 175,000 every second.
In the next minute, it will probably grow a lot more than you will earn in your lifetime.

That's $159,000 per US (federal) taxpayer. If every one of those taxpayers , and their children/grandchildren paid an extra $3 /day, it would take them 145 years to pay the current debt. Then their great-grandchildren could begin to pay the State and local debts. Then their great-great grandchildren can begin to pay the interest on all that. This assumes that spending is actually frozen at current levels. AND it ignores Social Security/Medicare, and the reality of demographics.

I agree we can do amazing things if we put our minds to it. But first we have to wrap our mind around it. Our "pennies" are not gonna get it done. The only possible ways to address our debts is to either grow the economy at a historic pace in order to create a lot more wealthy taxpayers. Or by devaluing the dollar until it is almost worthless, which would have the effect of drastically cutting the true spending rate (same dollars buy less), stealing value from any paper money that people have saved, and creating 3rd world levels of poverty, crime, missery, and death.

Debt Source: http://www.usdebtclock.org

[soybean]

9. FEC stands for Federal Election Commission

I'm sure FEC stands for Federal Election Commission, an agency responsible for administering and enforcing campaign finance laws.