Stuff You Should Know Short Stuff: Unspent Campaign Money
Apr 3, 2019
Ever wonder what happens to leftover campaign donations? The discussion dives into the complexities of unspent funds, referencing Jeb Bush's 2016 campaign. Explore the legal rules set by the FEC concerning these funds, revealing surprising restrictions. From the potential for charitable donations to tricky transfers among candidates, the ins and outs of campaign financing are unraveled. It's a fascinating look at the financial aftermath of elections—both the wins and the debts that follow.
AI Snips
Chapters
Transcript
Episode notes
Unspent Campaign Money
- Candidates sometimes have leftover campaign funds.
- This raises questions about the money's fate.
Campaign Funding Sources
- Two main funding sources for campaigns are the candidate's campaign and super PACs.
- Super PACs can raise and spend unlimited funds to support candidates without direct coordination.
Jeb Bush's Unspent Funds
- Jeb Bush raised $152 million but lost the 2016 Republican nomination.
- Candidates cannot use leftover campaign funds for personal expenses.