Did you ever wonder how much the politicians spend to run in a Presidential Race.
Did you ever wonder that if the person that made the president what he/ she would have to do to pay back the amount of money they didn’t have to fund there race completely.Click Here to see a List of open houses in them Quad County Area.
Back to the subject. The people running in a race like this many times have to go to their home to take out equity to help them with the money they need for such a race. Here is an article about the 2012 Presidential Race.
FEC: $7B spent on 2012 campaign
01/31/13 10:26 PM EST
The total number of dollars spent on the 2012 election exceeded the number of people on this planet.
About $7 billion was spent by candidates, parties and outside groups on the 2012 election – beating even the unprecedented expected total of $6 billion, according to a review of campaign finance reports by the Federal Election Commission.
FEC Chairwoman Ellen Weintraub announced the eye-popping figure at the agency’s meeting Thursday.
The FEC estimates that candidates spent about $3.2 billion of the total $7 billion, parties spent another $2 billion and other outside political committees made up more than $2.1 billion. The agency processed 11 million pages of documents filed in calendar year 2012 alone.
“It’s obviously only an estimate,” Weintraub told POLITICO. “It’s really hard to come up with ‘the number.’”
And Weintraub said future elections could see even more spending.
“It’s a lot of money. Every presidential election is the most expensive ever. Elections don’t get cheaper,” she added.Spending in the first post-
The agency also found that despite the proliferation of super PACs, traditional political action committees outspent the new breed. Of the total spending by outside committees, $1.2 billion was spent by traditional PACs and $950 million was spent by super PACs.
Weibtraub said she isn’t concerned with how much is being spent on elections as long as it’s transparent.
“I’m not saying it’s too much money,” she said. “Some might argue it’s not enough. I’ve been trying to work on rules that would enhance transparency, but I haven’t been successful so far.”
Author:Gary King Phone: 440-320-7045 Dated: December 10th 2015 Views: 1,168 About Gary: ...
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