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Fundraising plays a central role in many presidential campaigns, and is a key factor in determining the viability of candidates. [1] Money raised is applied in many ways, such as for the salaries of non-volunteers in the campaign, transportation, campaign materials, and media advertisements.
[66] Relations were also strained between the vice presidential and presidential campaigns when Biden appeared to use his position to bolster fundraising contacts for a possible run for president in 2016, and he ended up being excluded from Obama campaign strategy meetings. [57] The Obama campaign nevertheless valued Biden as a retail-level ...
Obama again declined government funds for the 2012 campaign, as did Republican nominee Mitt Romney, setting up the first election since the program's launch in which neither major party nominee accepted federal funding. [120] Nor did either Donald Trump or Hillary Clinton accept federal funding for the 2016 general election. [121]
The Biden campaign has leaned on former President Barack Obama to help in its fundraising push, raising nearly $4 million from appeals geared toward grassroots donors, CNN has learned.
In the 2008 United States presidential election, fundraising increased significantly compared to the levels achieved in previous presidential elections.. According to required campaign filings as reported by the Federal Election Commission (FEC), 148 candidates for all parties collectively raised $1,644,712,232 and spent $1,601,104,696 for the primary and general campaigns combined through ...
Requirements for a candidate to be declared eligible for funding under the Presidential Election Campaign Fund include agreeing to an overall spending limit, abiding by spending limits in each state, using public funds only for legitimate campaign-related expenses, keeping financial records, and permitting an extensive campaign audit.
Federal regulations stipulate that campaign funds cannot go toward personal expenses but must pertain to the duties of a candidate or officeholder. For example, a candidate may use campaign funds ...
On September 4, 2008, the Obama campaign announced they raised $10 million in the 24-hour period after Republican vice presidential nominee Sarah Palin's acceptance speech. The RNC reported raising $1 million in the same period. [92] On October 19, 2008, Obama's campaign announced a record fundraising total of $150 million for September 2008.
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