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snowy owl

(2,145 posts)
77. Hillary's Victory Fund might not be spent down ticket... read
Sat Apr 2, 2016, 03:51 PM
Apr 2016

Hillary's $18 Million "Victory Fund" could be spent helping her campaign
By bondibox
Sunday Jan 03, 2016 · 11:02 AM PST

Hillary Clinton has raised $18 Million for the DNC and state parties, money that is commonly referred to as a "victory fund." The assumption is that all of this money will go toward helping "downballot candidates" but that is not necessarily true.

During the primary campaign, donors are limited to $2,700 in direct contributions to the candidate. To elicit larger contributions from willing donors, a candidate can set up a Joint Fundraising Committee which allows donors to cut one check that gets distributed to the candidate as well as a state party and the national party. The first $2,700 goes to the candidate's campaign, and any additional money can go to the state party ($10,000 limit) and the national party ($33,400 limit). Clinton's campaign has so far raised $18 Million for the national and state parties.

However,

There is nothing stopping the state party from using the money to help the eventual nominee

Could that $18 Million be spent on helping Hillary's campaign? At least part of it can. I was unable to find out if that same lack of restriction also applies to the national party which receives the bulk of the JFC money.

It's also possible that some of that $18 Million could be spent on Bernie Sanders' campaign, should he win the party's nomination.

One could speculate that the closer the presidential race is between the Democrat and the Republican, the more likely it would be for these funds to go toward the presidential candidate rather than the downballot candidates. So the candidate who trails or only has a slight lead against the Republican might end up sucking away a portion of the victory funds otherwise meant for the downballot candidates. I'll leave it to the reader to interpret the polling of potential matchups and draw their own conclusions as to the various scenarios regarding the likelihood of that money being spent on the presidential candidate.
He wont be anything but a has been in a few weeks. nt LexVegas Apr 2016 #1
"Has been" walking all over Hillary Clinton's historical aspirations. Yup. cherokeeprogressive Apr 2016 #61
It's lying Capehart. Not fit for fish wrap nt MaeScott Apr 2016 #65
He's lying about the numbers? salinsky Apr 2016 #67
DU rec...nt SidDithers Apr 2016 #2
Bernie is a cheap demagogue kennetha Apr 2016 #3
Clinton is an expensive one Armstead Apr 2016 #20
+1! KPN Apr 2016 #41
Rather be told a plausible lie than a lazy, half thought through one that Sanders gives uponit7771 Apr 2016 #45
If you choose to look at it that way....be my guest Armstead Apr 2016 #49
I don't, he spends a lot of time at wingerish sophistry when it comes to Clinton uponit7771 Apr 2016 #51
such as? Fast Walker 52 Apr 2016 #83
Telling the truth Gwhittey Apr 2016 #85
You do realize that money he would raise for the DNC NOW will end up in Hillary's pocket DemocracyDirect Apr 2016 #4
That is not what the evidence suggests. Much of it will go to my party./nt DemocratSinceBirth Apr 2016 #6
Those victory funds are legal u-turns for donations. DemocracyDirect Apr 2016 #11
Message auto-removed Name removed Apr 2016 #73
I will literally bet a pinkie she wins... DemocratSinceBirth Apr 2016 #75
What are you smoking? salinsky Apr 2016 #79
No it won't. George II Apr 2016 #84
The Clintons have been hustling it for 40 years. RiverLover Apr 2016 #5
Clintonian Triangulation (look it up) Baobab Apr 2016 #62
Absolutely. polichick Apr 2016 #88
I understand that this is a current talking point noamnety Apr 2016 #7
Exactly! KPN Apr 2016 #42
Right on Jennylynn Apr 2016 #58
+1 dchill Apr 2016 #76
But, he's doing nothing whatsoever for Congressional or state candidates ... salinsky Apr 2016 #8
this is crap and you know it SoLeftIAmRight Apr 2016 #12
What is crap? salinsky Apr 2016 #18
dog catcher of Portlandia SoLeftIAmRight Apr 2016 #23
Sooooo, ... no evidence of what you claimed? ... nt salinsky Apr 2016 #31
soleftiamright is like most of bernies people... dubyadiprecession Apr 2016 #59
I'd rather see a cheap hustler who is hustling for me than an expensive one who is... Armstead Apr 2016 #22
How's Sanders screwing if down ballot dems hustling for you?... Do you guys understand how congress uponit7771 Apr 2016 #47
I understand all too well, which is why I support Sanders Armstead Apr 2016 #50
The Victory Fund: how to buy super-delegates, from the Clinton Class. "There ain't nothing we can't rhett o rick Apr 2016 #9
one can only hope SoLeftIAmRight Apr 2016 #10
Bernie Sanders' Campaign is Not MineralMan Apr 2016 #13
"The goal is to get progressive legislation enacted." salinsky Apr 2016 #17
And Progressive Legislation ONLY Gets Enacted Through a Majority Coalition Stallion Apr 2016 #60
The goal is NOT to get progressive legislation enacted Armstead Apr 2016 #24
Progressive Legislation is Impossible Without a Majority Voting Coalition Stallion Apr 2016 #63
Is also usually DOA when Democrats have had power too Armstead Apr 2016 #66
There Has Not Been a Purely Liberal or Progressive Voting Coalition in a Almost a Century Stallion Apr 2016 #68
Electing Bernie is a good start and better than... Armstead Apr 2016 #69
You are right about the Party not supporting him. KPN Apr 2016 #55
Bernie is doing well because of his policies. hellofromreddit Apr 2016 #80
Let me know how Canova does in his primary, OK? MineralMan Apr 2016 #89
The outcome doesn't matter, he saw a swell of support. hellofromreddit Apr 2016 #90
See, if Canova is not on the November ballot, MineralMan Apr 2016 #91
There's enough energy in the Bernie people for the Democratic Party to take over Congress... DemocracyDirect Apr 2016 #14
I've read many commenters here claim very aggressively that Bernie is the only candidate .... salinsky Apr 2016 #16
Hillary is continuously losing support. DemocracyDirect Apr 2016 #95
Bernie is as manipulative and disingeuous as can be cosmicone Apr 2016 #15
But you fail to see below Clinton's demoralizing platitudes Armstead Apr 2016 #27
Reality is more often demoralizing than not cosmicone Apr 2016 #32
No he is saying "You can actually have a voice in government" Armstead Apr 2016 #33
Raising Corporate and 10 percent cash to corrupt the whole party Armstead Apr 2016 #19
A hustler, indeed...who will gladly accept the DNC's Surya Gayatri Apr 2016 #21
says the psychic with an army of strawmen GreatGazoo Apr 2016 #25
wow - Orwellian. The Clintons tooks a democratic Party, Ferd Berfel Apr 2016 #26
There's one born every minute. frylock Apr 2016 #37
You can't cheat an honest man or an honest party Fumesucker Apr 2016 #28
so Capehart is showing his 'face' again-thanks for letting us know azurnoir Apr 2016 #29
It's time for SPINORAMA!!! Avalux Apr 2016 #30
welcome to ignore. Hiraeth Apr 2016 #34
Good. frylock Apr 2016 #35
What a bunch of shit Politicalboi Apr 2016 #36
Hillary throws 22 million jeepers Apr 2016 #38
Hillary's kind of money makes certain that even if Dems win, the people lose Dems to Win Apr 2016 #39
anything by WaPo should be put in the same category as the National Enquirer or dana_b Apr 2016 #40
So asking why isn't Bernie raising money for the Democratic Party ... salinsky Apr 2016 #46
he needs every penny dana_b Apr 2016 #53
Someone better call the DNC! pinebox Apr 2016 #43
Jonathan Capeheart -- Hell Hath No Fury Apr 2016 #44
So, he's lying about the numbers? salinsky Apr 2016 #54
oh it's him-- blearghhh. Fast Walker 52 Apr 2016 #64
Says Hillary is "begging for money". Bernie needs to get a grip. oasis Apr 2016 #48
Capehart again!! Give us a break. unc70 Apr 2016 #52
Capehart who lied about Bernie's picture? My god they'll let anyone spew their propaganda at WaPo. beam me up scottie Apr 2016 #56
corporations have been hustling the party for decades lakeguy Apr 2016 #57
The bottom line is .... salinsky Apr 2016 #70
Bernie sucks! He's not promising bribes, graft or anything! lumberjack_jeff Apr 2016 #71
Alienating the super delegates will not be a winning strategy. salinsky Apr 2016 #72
If this bribery is an inherent part of a game-winning strategy lumberjack_jeff Apr 2016 #74
There's no profit in that. Throd Apr 2016 #78
There's no progress in the status quo, either. lumberjack_jeff Apr 2016 #81
Hillary's Victory Fund might not be spent down ticket... read snowy owl Apr 2016 #77
good post-- the whole campaign financing system is so badly broken Fast Walker 52 Apr 2016 #82
That's the problem. Shorten campaigns and tell lawmakers to do their jobs! snowy owl Apr 2016 #86
Bernie's campaign is about Bernie. It's not about changing anything. Yavin4 Apr 2016 #87
Exactly right! salinsky Apr 2016 #92
And he's bad for the Progressive movement. Just like Ralph Nader. Yavin4 Apr 2016 #93
I tried to make that point when I began posting at DU ... salinsky Apr 2016 #94
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