Legally, no. Sorry, campaign finance laws.
The 2024 Presidential Race Thread
- Thread starter Wally
- Start date
newfie
Well-Known Member
wasnt that surplus he had covid free money?
There Dems, no laws apply…
Next Day Err
Well-Known Member
I love how you guys are so confident but so mistaken.
“FECA also allows the transfer of campaign funds “without limitation to any national, State, or local committee of any political party.” Thus if otherwise lawful, campaign funds may be transferred to another candidate, or invested for use in a future political campaign, provided, again, that there is no conversion of funds to personal use.”
Next Day Err
Well-Known Member
Turns out supply and demand is a thing. People want to live there.
Next Day Err
Well-Known Member
They’re
My understanding when he came into office they had a large budget surplus. He proceeded to run through it.
They're actually losing population. When you slow the flow with illegal immigration, but are losing parts of your tax base, you're going in the wrong direction.
Notice it said committee. The only individual who Biden can transfer all his campaign funds to is Kamala Harris. He's limited to $2000 for any other individual. The point being that they don't want contributors hoodwinked into thinking they're contributing to one candidate only to see it given to someone else.
They'd be breaking the law doing so. And geez, what is it with you and Jews?
catstalking
ie qt
wrong question, it should be: what is it with jews and a white america?
I don't know, what's the Grand Wizard telling you?
newfie
Well-Known Member
What would happen to Biden’s campaign cash if he drops out? That’s up to Kamala Harris
Some campaign finance experts say Harris could use the tens of millions of dollars in Biden’s campaign account if she became the Democratic nominee.
www.nbcnews.com
Kamala Harris set to inherit $240M in Democrat funds if Biden drops out — transfer tricky for any other candidate: sources
“Biden has two real choices: Kamala inherits; or they transfer it all to the DNC,” Signum Global partners Rob Casey told The Post
nypost.com
Sportello
Well-Known Member
Next Day Err
Well-Known Member
Yes, campaign funds from one presidential campaign can be transferred to another, but there are regulations and restrictions that govern how this can be done. The Federal Election Commission (FEC) allows candidates to transfer funds between authorized committees that they control. However, there are specific rules regarding the timing, amounts, and purposes of these transfers to ensure they comply with campaign finance laws.
Typically, funds can be transferred between committees of the same candidate or from a former candidate's committee to a current candidate's committee. This is often done to support the same political goals or to retire campaign debt. It's important that these transfers are properly reported and documented to adhere to transparency requirements.
Overall, while transfers between campaigns are possible, they must be done in accordance with FEC regulations to ensure legality and transparency in campaign finance practices.
DriveInDriveOut
Inordinately Right
Now these Democrats are obsessing about if Biden's campaign money can go to someone else.
So much coping going on right now.
Lo.l.
So much coping going on right now.
Lo.l.
Thebrownblob
Well-Known Member
Perhaps if they hadn’t lied to their selves for the last four years about his cognitive decline, he could’ve stepped out gracefully, and they could’ve had an actual primary to pick a candidate. But here we are.
Next Day Err
Well-Known Member
It’s not too late to change candidates. We used to do this all the time pre-1972
Next Day Err
Well-Known Member
Yeah… horrible debate. It ain’t over yet until the votes are cast.
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