Question Details

US Presidential Election 2012: Which party will collect most contributions?

US Presidential Election 2012: Which party will collect most contributions?

Asked by: Super Userkruijs in Politics » United States
Settled on 11/06/2012 21:15 Settled by Super Userkruijs
Winning option:Democrats Democrats $934.0m
Republicans $881.8m
http://elections.nytimes.com/2012/campaign-finance

Predictions

Background

At the federal level, the primary source of campaign funds is individuals; political action committees are a distant second. Contributions from both are limited, and direct contributions from corporations and labor unions are prohibited. On January 21, 2010, the Supreme Court overturned a 20-year-old ruling that had previously prohibited corporations and unions from using money from their general treasuries to produce and run their own campaign ads.

Public financing is available for qualifying candidates for President during both the primaries and the general election. Eligibility requirements must be fulfilled to qualify for a government subsidy and those that do accept government funding are usually subject to spending limits. The system is designed so that the Democratic or Republican candidates for President of the United States routinely qualify for funds, while excluding most other party candidates.

http://en.wikipedia.org/wiki/Campaign_finance_in_the_United_States
http://www.fec.gov/DisclosureSearch/mapApp.do
http://www.opensecrets.org/pres08/

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   Super UserBuckeyeTom

These numbers for July were just posted. Obama received $75 million and Romney received $101 million. There are still 3 more months to go.

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