How much did the Democrats raise in the 2012 election?
Democrats
| Candidate | Money Raised | Money Spent |
|---|---|---|
| Barack Obama | $49,167,908.64 | $58,956,970.12 |
How do presidential candidates raise money?
Under the Internal Revenue Code, qualified presidential candidates may opt to receive money from the Presidential Election Campaign Fund, which is a fund on the books of the U.S. Treasury. The FEC administers the public funding program by determining which candidates are eligible to receive the funds.
Do presidential candidates get matching funds?
Only candidates seeking nomination by a political party to the office of President are eligible to receive primary matching funds. A presidential candidate must establish eligibility by showing broad-based public support. He or she must raise more than $5,000 in each of at least 20 states (that is, over $100,000).
What is campaign money used for?
Campaign funds may be used to make donations or loans to bona fide charitable, educational, civic, religious, or similar tax-exempt, nonprofit organizations as long as the donation or loan is reasonably related to a political, legislative, or governmental purpose.
How much did candidates spend in 2012?
When you add up all the spending in the 2012 election by the presidential and congressional candidates, the political parties, political-action committees and super PACs, the total comes to a stunning $7 billion, according to Federal Election Commission data. In all, 261 candidates ran for 33 Senate seats.
How much did super PACs spend in the 2012 election?
The total spending by those entities amounts to $14.96 per vote for President Barack Obama, who won 65,899,660 votes to win the 2012 election . About $993 million was raised by Mitt Romney, the Republican Party and the primary super PACs supporting his candidacy.
How did Mitt Romney win the 2012 Republican presidential nomination?
Newt Gingrich’s exit from the race on May 2 left him against Ron Paul and Fred Karger. His win in Texas on May 29 finally accumulated enough delegates to mathematically secure him the nomination. Romney was officially announced as the 2012 Republican presidential nominee on August 28, 2012.
How much did Priorities USA Action spend on 2012 election?
$75 million spent by the Priorities USA Action super PAC The total spending by those entities amounts to $14.96 per vote for President Barack Obama, who won 65,899,660 votes to win the 2012 election.