A question about campaign donations - Democratic Underground

Whisp

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Wed Jan-30-08 02:37 PM
Original message

A question about campaign donations

and those who drop out early.

What happens to Edwards' donation dollars now that he is no longer running?
I doubt very much you can get a refund ;).

If he now endorses another candidate, does his money go into those coffers instead?
What are the rules on this?

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rinsd

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Wed Jan-30-08 02:37 PM
Response to Original message

1. Those who donated to his general election campaign will be refunded that money.

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DJ13

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Wed Jan-30-08 02:42 PM
Response to Reply #1

3. You sure?

I remember the talking heads on TV stating that Hillary began her nomination campaign last year far ahead of anyone else due to her carry over of campaign funds from her two Senate runs.

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rinsd

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Wed Jan-30-08 02:50 PM
Response to Reply #3

4. If one does not win the nomination, they cannot use GE funds and therefore must return them.

Edited on Wed Jan-30-08 02:52 PM by rinsd

"
Candidates cannot touch their general election money and must return it to donors if they do not win the nomination. "

http://www.cbsnews.com/stories/2007/04/01/politics/main2635486.shtml

Senators & Congressman may transfer any leftover funds in their previous campaigns to their Presidential primary campaign.

Hillary got carryover from her 2nd Senate run when she transfered $10M.

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Whisp

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Wed Jan-30-08 02:55 PM
Response to Reply #4

6. that's quite a job to do...

does this apply to All donations or to those above a certain amount?
the admin work in refunding $20 amounts in the hundreds or thousands sounds daunting...

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rinsd

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Wed Jan-30-08 02:56 PM
Response to Reply #6

7. Edwards didn;t collect much for the GE, most was dedicated to the primary.

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rox63

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Wed Jan-30-08 02:39 PM
Response to Original message

2. I imagine any money towards the primary would go to pay off campaign debt

Campaigns are expensive things to run.

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Whisp

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Wed Jan-30-08 02:52 PM
Response to Original message

5. kick

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FlyingSquirrel

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Wed Jan-30-08 03:01 PM
Response to Original message

8. I don't want my money back, but if any of it DOES come back --

I'm giving it to my local Food Bank.

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Whisp

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Wed Jan-30-08 05:56 PM
Response to Original message

9. so far...

money collected for GE can be kept for future campaigns.

moneys for primaries are usually sucked up by expenses, and if there are any overs the donaters get a refund?

close?

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