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Here’s What Happens to Unused Campaign Funds After a Candidate Drops Out

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First off, let’s get into why this can be a uncommon concern for a major candidate who has suspended their marketing campaign. It’s miles extra frequent for a failed candidacy to finish up within the pink than to have coffers they should unload.

The Federal Elections Fee (FEC) guidelines on finance embrace simply as a lot about coping with marketing campaign money owed because it does surplus funds as a result of it is a much more frequent concern when a candidate winds down their marketing campaign. Operating for president is dear, and more often than not when somebody drops out it is as a result of they’ll not maintain their run financially.

Even in a basic election, candidates do their finest to spend as near the final penny as they’ll. Nevertheless, in the event that they do have remaining funds, FEC rules present a restricted variety of choices for his or her use, and all private use is prohibited, each throughout and after the race. Any cash the candidate makes use of from the fund should have a documented objective associated to their marketing campaign. So for instance, they’ll use it to purchase pizza for everybody of their organizing workplace, however they can not purchase pizza for his or her household for dinner with it.

Yep, that is proper, you’ll be able to simply let the cash sit in an account and accrue curiosity, as long as they do not use it for private use. A number of candidates traditionally have achieved this.

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