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Warren County Democratic Headquarters

This overview explores the complex landscape of campaign finance in the United States, focusing on key concepts such as PACs, Super PACs, hard and soft money, and public funding. PACs are organizations that facilitate financial contributions to political campaigns, while Super PACs can raise unlimited funds and influence elections without direct candidate relationships. The piece also highlights monetary spending in recent presidential and congressional races, contribution limits, and the impact of Citizens United on political donations, providing valuable insights into how money shapes electoral outcomes.

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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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