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Warren County Democratic Headquarters

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

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Warren County Democratic Headquarters

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  1. Warren County Democratic Headquarters

  2. Money In Campaigns

  3. Key Terms for Campaign Money • PACs – Organizations established by businesses, labor unions, and interest groups to channel financial contributions into political campaigns.

  4. 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

  5. Citizens United • Super PACs | OpenSecrets

  6. Fat Cats of the Election

  7. Key Terms for Campaign Money • Hard Money – Political contributions restricted by election laws. - This is the money we talk about.

  8. What is Soft Money?

  9. 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

  10. Key Terms for Campaign Money • Public Financing Presidential Campaign • 2004 $74 million • 2008 $84 million • Presidential Campaign Finance 2012

  11. 2012 Election to July • The 2012 Money Race

  12. 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

  13. Getting A Hotdog

  14. Ohio’s Governor’s Race 2010 • John Kasich (Republican) • $16,040,759 • Ted Strickland (Democrat) • $15,118,120

  15. 2012 Senatorial Race Sherrod Brown (D) $24,840,222 Raised 24,576,280 Spent $551,089 Cash on Hand Josh Mandel (R) $18,912,557 Raised $18,868,809 Spent $43,698 Cash on Hand

  16. And the Winner Is…. • Sherrod Brown • 2,762,766 • Josh Mandel • 2,435,744

  17. 10th Congressional DistrictMike Turner (R) • $846,418 raised • $535,814 spent • $450,150 cash on hand

  18. 10th Congressional District Sharon Neuhardt (D) • $340,257 raised • $125,411 spent • $218,436 cash on hand • $17,122 self-financing

  19. How Much Can You Give? $2,500 per candidate per election $30,800 to parties $5,000 to PACs

  20. 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

  21. 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.

  22. Obama and Big Bird

  23. Contribution Limits 2011-12

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