Warren County Democratic Headquarters. Money In Campaigns.

Warren County Democratic Headquarters

Money In Campaigns

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

Citizens United

Super PACs | OpenSecrets

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• 2012 $91.2 million• Presidential Campaign Finance 2012

2012 Election to July

The 2012 Money Race

Candidate Raised Spent

Obama $1072.6 million $985.7 million

Romney $992.5 million $992 million

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

Midterm Race 2014

4 Billion dollars was spent on the midterm race this year.• Same as 2010 and 2012 races for Congress

Most Expensive 2014

Kentucky Senate• $49,945,431 Raised• $44,838,119 Spent

Ohio House District 8• $17,334.272 Raised• $16,810,607 Spent• Opponent share - $183,689

10th Congressional DistrictMike Turner (R)

$974,184 raised

$769,380 spent

$477,175 cash on hand

10th Congressional District Opposition

Richard Klepinger (D)• $0

David Harlow (I)• $0

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.

Obama and Big Bird

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