If I run for president in 2012 and raise 13 million dollars, but only spend 4 million, can I keep the rest? I think this just might be the main reason some people run for office. I can't see any real way to force a person to return the money once the election is over.
2007-12-30 11:37:40 · 12 answers · asked by Nc Jay 5 in Politics & Government ➔ Elections
No you can not. It is called fraud.
2007-12-30 11:41:15 · answer #1 · answered by Dina W 6 · 1⤊ 0⤋
It can be put down on expenditures as if it's all been spent whether it has or not. (expecially private sector donations). Therefore there are ways they do not have to return the money. It's sort of like the ways the rich are taxed, but end up paying no taxes because they have the money to hire the big time tax lawyers to find the loopholes.
2007-12-30 13:28:11 · answer #2 · answered by Anonymous · 0⤊ 0⤋
There are strict election accounting laws just for those reasons you pointed out. The leftover money goes to the National Committee to be used for the good of the party.
2007-12-30 11:45:17 · answer #3 · answered by Anonymous · 2⤊ 0⤋
This money is mysteriously reabsorbed into the political fabric. But 'Candy for Everybody' is a better idea!
2016-05-28 03:34:18 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Sits in the bank for the next election.
2007-12-30 11:49:57 · answer #5 · answered by No Black Box 5 · 1⤊ 0⤋
I thought I read somewhere, that hillary was allowed to use funds left over from her senate run.....but it did not indicate that she had those funds availble for personal use.
2007-12-30 12:54:02 · answer #6 · answered by Al 6 · 0⤊ 0⤋
It's supposed to go into a general fund. Whether it actually happens is another subject.
2007-12-30 11:44:16 · answer #7 · answered by Anonymous · 3⤊ 0⤋
usually it will just stay in the party funds.
2007-12-30 11:43:46 · answer #8 · answered by Cristal 5 · 2⤊ 0⤋
THEY PUT IT ON PAPER THAT IT WAS ALL SPENT.BUT IT GOES INTO THEIR ACCOUNTS.WHY DO YOU THINK EVERYONE WANTS TO MAKE IT TO BECOME PRESIDENT.OR FOR THAT FACT A POLITICIAN.BECAUSE OF THE DIRTY MONEY THERE IS TO BE MADE.SPECIAL INTEREST GROUPS,ECT,ECT,ECT.
2007-12-30 11:56:03 · answer #9 · answered by bigjon5555 4 · 1⤊ 1⤋
ask Georgie
2007-12-30 12:06:55 · answer #10 · answered by angels_angelsarehere 6 · 0⤊ 0⤋
i am sure all the money gets "spent"
2007-12-30 11:46:39 · answer #11 · answered by Mary Jo W 6 · 0⤊ 0⤋