Post on 22-Feb-2016
description
Warren County Democratic Headquarters
Key Terms for Campaign Money
PACs – Organizations established by
businesses, labor unions, and interest groups to channel financial contributions into political campaigns.
Key Terms for Campaign Money Super PAC’s
• Can raise unlimited sums from anywhere in the US
• Direct attacks on candidates allowable.• No direct relationship • Colbert Super PAC• Making a Better Tomorrow, Tomorrow
Fat Cats of the Election
Key Terms for Campaign Money
Hard Money – Political contributions restricted by
election laws. - This is the money we talk about.
What is Soft Money?
Key Terms for Campaign Money
Soft Money – Unregulated contributions to political
parties to be spend on party building activities.
- Cannot be spent on candidates or their campaigns.
- Money given to Super PACs
Key Terms for Campaign Money
Public Financing Presidential Campaign• 2004 $74 million• 2008 $84 million• Presidential Campaign Finance 2012
How Much Do Americans Spend on Political Campaigns?
House of Representatives (contested)$1.5-$2 million
Senate Races$7.3 million
2009 NY Mayor’s Race• $110 - $140 million/Bloomberg
• Meg Whitman 160 million / $50 per vote
Getting A Hotdog
Ohio’s Governor’s Race 2010 John Kasich (Republican)
• $16,040,759
Ted Strickland (Democrat)• $15,118,120
2012 Senatorial Race
Sherrod Brown (D)$24,840,222 Raised24,576,280 Spent$551,089 Cash on Hand
Josh Mandel (R)$18,912,557 Raised$18,868,809 Spent$43,698 Cash on Hand
And the Winner Is…. Sherrod Brown
• 2,762,766
Josh Mandel• 2,435,744
10th Congressional DistrictMike Turner (R)
$846,418 raised
$535,814 spent
$450,150 cash on hand
10th Congressional District Sharon Neuhardt (D)
$340,257 raised
$125,411 spent
$218,436 cash on hand
$17,122 self-financing
How Much Can You Give? $2,500 per candidate per election
$30,800 to parties
$5,000 to PACs
Presidential Primaries Matching Funds
• 10% of the vote in 2 consecutive primaries to qualify.
• Donations of $250 or less from individuals.
• $5,000 in 20 different states. Convention Subsidy – each party
• $18,248,300 for convention• $50 million for security
Presidential General Elections Candidates of “major parties” get full
federal support.
Candidates who accept federal funding cannot accept private donations.
Minor party candidates• 5% of the vote to receive funds.
Contribution Limits 2011-12
To each candidate or candidate committee per election
To national party committee per calendar year
To state, district & local party committee per calendar year
To any other political committee per calendar year[1]
Special Limits
Individualmay give
$2,500* $30,800* $10,000(combined limit)
$5,000 $117,000* overall biennial limit:•$46,200* to all candidates •$70,800* to all PACs and parties[2]
National Party Committeemay give
$5,000 No limit No limit $5,000 $43,100* to Senate candidate per campaign[3]
State, District & LocalParty Committeemay give
$5,000(combined limit)
No limit No limit $5,000(combined limit)
No limit
PAC(multicandidate)[4]may give
$5,000 $15,000 $5,000(combined limit)
$5,000 No limit
PAC(not multicandidate)may give
$2,500* $30,800* $10,000(combined limit)
$5,000 No limit
Authorized Campaign Committee may give
$2,000[5] No limit No limit $5,000 No limit