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> money donated to Biden doesn’t transfer to other candidates. That's wild and should be fixed.
by echelon 2y ago
> money donated to Biden doesn’t transfer to other candidates.
That's wild and should be fixed.
- caminante 2y agoKamala can access the funds now. The challenge is transferring to someone not named Kamala. [0] You need some campaign finance oversight with accounts, etc., and refunding and transferring to a "new" candidate would take time and jeopardize tying up ~$100 million in funds. [0] https://www.wcnc.com/article/news/nation-world/biden-harris-2024-campaign-money-what-could-happen/507-561fa64c-d806-42ec-b99b-b4b30fee523d# https://www.wcnc.com/article/news/nation-world/biden-harris-...
- ngetchell 2y agoThat is because nobody donates to the party anymore. They donate to the candidate. The idea that the DNC has any power to steer the party is a joke. That is a mental model that is at least 20 years dead.
- moralestapia 2y agoYup, this is exactly why I wrote "to their detriment". Kamala is not a strong candidate, let's see what happens.
- kristjansson 2y agoThat's the way it should be? Donations to a candidate's reelection committee are for the benefit of that candidate and severely limited by law ($3300 per donor per candidate per election). Treating inter-committee transfers as something other than donations would allow trivial circumvention of the 'per candidate' restriction - just run a bunch of nobodies, fill their coffers, and then have them drop and transfer to a single candidate I'll admit this is a bit silly in light of PAC/SuperPAC spending now, but we did have election spending rules at one point and this was one of them.