2016 Postmortem
Related: About this forumWhat happens to the $?
With a whole herd of grifters running for the GOP nomination, I was wondering what happens to all the money they collect for their campaign when they drop out of the race? Do they get to keep it?
-bill
brooklynite
(96,882 posts)2) they can keep it in an account for other Federal races/contributions to other Federal candidates
They pull it out in multiple structured transactions under $10k to avoid detec......oh wait.
joshcryer
(62,536 posts)They tend to run the campaign like a business and keep the funds spent. Many campaigns are in the red when all is said and done.
However, if there is any leftover, they can dump it into a "Leadership PAC" to pay off cronies who worked on the campaign. Or they can simply hold on to the money for later political gamesmanship.
http://www.thedailybeast.com/articles/2014/05/22/ex-politicians-keeping-100-million-in-private-slush-funds.html