What happens to the money left over from a presidential campaign?
Friday, January 25th, 2008
lookinforexcitement asked:
I’ve noticed a lot of money is being raised by the presidential candidates this year. Barack Obama, himself, raises close to $1M per day. So, I’m curious to know what is done with the extra money that was raised by a presidential candidate after the nomination is made? I know that a decent amount is used for advertising, paying the staff, etc. Do they pocket the left over money? Or is it allocated to some other sector of the government?
I’ve noticed a lot of money is being raised by the presidential candidates this year. Barack Obama, himself, raises close to $1M per day. So, I’m curious to know what is done with the extra money that was raised by a presidential candidate after the nomination is made? I know that a decent amount is used for advertising, paying the staff, etc. Do they pocket the left over money? Or is it allocated to some other sector of the government?