Both Major Parties To Receive Public Funding For 2008 Conventions
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The Federal Election Commission today announced that each of the two major political partiesÃ¢ÂÂ convention committees will receive initial payments of $16,356,000 from the U.S. Treasury for planning and conducting their respective 2008 Presidential nominating conventions.
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Swift Boat Veterans for Truth and MoveOn.org Voter Fund, two outside groups that played key roles in the 2004 presidential election, reached an agreement with the Federal Election Commission to pay nearly $450,000 for various violations.
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DAYTON, Ohio Â If Sen. Barack Obama becomes the Democratic nominee, he faces a financial dilemma: Use his vaunted fundraising operation for the general election or limit himself by accepting public funds.
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Just when Washington insiders were beginning to think of Sen. Hillary Clinton's nomination as inevitable, here comes Sen. Barack Obama to shake up that assumption with stupendous second-quarter fundraising totals: $32.5 million raised, of which $31 million can be spent in the Democratic primaries.
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For certain conservatives, this fund might be appealing.
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The aggressive fund raising that produced record spending in the 2004 presidential race won't stop with the election. President Bush's finance team will now look to raise millions from businesses and other big donors to finance inauguration festivities.
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City officials are considering billing the campaigns of President Bush and Sen. John Kerry for more than &#36;200,000 to cover police department costs for visits by the candidates, their running mates and spouses.
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The names of the 2008 front-runners are familiar to any political junkie with a pulse. But what about the slew of lesser-known candidates seeking the nomination in both parties? Sure, they don't have the star power of Sen. Hillary Rodham Clinton (D-N.Y.) or Sen. John McCain (R-Ariz.), or the fundraising chops of Sen. Barack Obama (D-Ill.) or former New York mayor Rudy Giuliani (R). But several of these lesser lights could make a real impact on next year's nomination fight....
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A key Republican senator announced his support Wednesday for efforts by Sen. John McCain and others to block partisan interest groups from spending millions of dollars in big donations in next year's congressional elections as they did in last year's 2004 presidential race.
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States willing to hold back in the rush to move up presidential nominating contests would be rewarded with extra delegates to the Democratic National Convention under a proposal being presented to party leaders.
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Under friendly fire, Sen. John Kerry likely will donate a substantial portion of his excess presidential campaign cash to help elect Democratic candidates in 2005 and 2006, advisers said Thursday.
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Republican John McCain, his presidential campaign trying to climb out of dire financial straits, is eligible to receive public financing for his struggling bid, the Federal Election Commission said Tuesday.
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The Democratic National Committee is donating &#36;2 million to help the party's House and Senate fund-raising operations prepare for the 2006 elections.
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There are two ways to think about the staggering amounts of money given by special interest groups to politicians -- the type of contributions that were detailed for the last quarter in reports filed yesterday by presidential candidates and members of Congress.
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Election officials Wednesday proposed overhauling the way tax dollars can be used to cover the cost of running for president, including an increase in the amount that can be spent by primary candidates who take public money.
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The two Democratic candidates will have raised more than $100 million this year, setting a historic new threshold in fundraising
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Democratic governors, determined to grab control of their party, said Thursday they will jointly support moderate candidates from outside Washington to lead the Democrats.