Public Campaign Financing. Now what?
| By DevoPro - Mar 2, 2008 4:43:07 AM PT |
This blog comes out of pure curiosity and hoping someone who is part of Courage Campaign might know the answer.
There has been a lot of debate about John McCain and public campaign financing. I don't want to start that debate here. What I am more curious about is this...
What happens to ALL the millions of dollars in the coffers if no candidates opt in to public financing? Lord knows, it isn't coming back to the tax payers who check that box on our tax returns.
Anyone know? Seems like an ideal situation for the government to be mishandling money.
There has been a lot of debate about John McCain and public campaign financing. I don't want to start that debate here. What I am more curious about is this...
What happens to ALL the millions of dollars in the coffers if no candidates opt in to public financing? Lord knows, it isn't coming back to the tax payers who check that box on our tax returns.
Anyone know? Seems like an ideal situation for the government to be mishandling money.
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Every four years, the federal government distributes dollars from the Fund to qualified Presidential candidates and national party conventions for use in the Presidential elections.
Whatever money is left over at the end of the Presidential election remains in the fund and is used in the next election, four years later.
Google Presidential Election Campaign Fund for more information.