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What Happens To Biden Campaign Money if he Drops out?

Posted on 7/1/24 at 6:21 am
Posted by CU_Tigers4life
Georgia
Member since Aug 2013
9220 posts
Posted on 7/1/24 at 6:21 am
Does any potential replacement automatically get the money? That would seem f*cked up if the people that donated to Biden sees it going to someone else?

I would understand if the money went to Kamala Harris since she's the VP and on the ticket.

What are the rules on Biden's War Chest if he steps down?
Posted by Gifman
Member since Jan 2021
17357 posts
Posted on 7/1/24 at 6:23 am to
democrats are excellent at slushing money around... don't you worry
Posted by FLTech
Member since Sep 2017
24856 posts
Posted on 7/1/24 at 6:28 am to
I have heard this is a major problem if they replace him
Posted by Honkus
Member since Aug 2005
56572 posts
Posted on 7/1/24 at 6:28 am to
only available if Kamala stays on the ticket
Posted by Lsut81
Member since Jun 2005
83699 posts
Posted on 7/1/24 at 6:32 am to
As I've said on here multiple time, those in the know say his 200m war chest is virtually gone.

If its Harris, she can keep a small percentage, but the remainder cannot go to another candidate.

The replacement would start with 0 dollar only 5 months out.
Posted by FLTech
Member since Sep 2017
24856 posts
Posted on 7/1/24 at 6:32 am to
So let’s say they get rid of both / what happens to the money?
Posted by autauga
Member since Sep 2015
3684 posts
Posted on 7/1/24 at 6:35 am to
The money goes to the Ukraine slush fund .
Posted by CU_Tigers4life
Georgia
Member since Aug 2013
9220 posts
Posted on 7/1/24 at 6:44 am to
quote:

If its Harris, she can keep a small percentage, but the remainder cannot go to another candidate.



I would think Harris would get the majority since she's on the ticket and a replacement on top would get a small percentage.
Posted by skidry
Member since Jul 2009
3539 posts
Posted on 7/1/24 at 6:47 am to
LINK

They basically control the money for an indefinite amount of time.

ie whether or not Joe runs, Dr Jill (since he’s an empty suit) will wield a lot of power. Maybe that’s why Hunter is getting his. A little leverage.
This post was edited on 7/1/24 at 6:49 am
Posted by captainFid
Never apologize to barbarism
Member since Dec 2014
9165 posts
Posted on 7/1/24 at 6:48 am to
I assure you the DNC is negotiating a large settlement right now... on the order of a couple of hundred million dollars in hush money for Joe to step down. If you are a supporter, your gift is appreciated and your will continue to be a supporter.
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 7/1/24 at 6:49 am to
quote:

Does any potential replacement automatically get the money?


Some money directly but not the majority. Most of it would have to be funneled through a SuperPAC. Candidates do not have direct control of SuperPACs.
Posted by Y.A. Tittle
Member since Sep 2003
109668 posts
Posted on 7/1/24 at 6:52 am to
quote:

As I've said on here multiple time, those in the know say his 200m war chest is virtually gone.


What have they spent $200 million on to date?
Posted by tarzana
TX Hwy 6-- the Brazos River Valley
Member since Sep 2015
30658 posts
Posted on 7/1/24 at 6:54 am to
quote:

if he Drops out

He will NOT drop out... let me repeat this...a little s-l-o-w-e-r now... he will NOT drop out
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 7/1/24 at 6:58 am to
Same thing that would be otherwise, thrown into some secret slush fund for the big dogs to tap into whenever they need something
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
79966 posts
Posted on 7/1/24 at 6:58 am to
quote:

The money goes to the Ukraine slush fund .


The US treasury?
Posted by stelly1025
Lafayette
Member since May 2012
9888 posts
Posted on 7/1/24 at 7:00 am to
quote:

The replacement would start with 0 dollar only 5 months out.


That'd be suicide.
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 7/1/24 at 7:01 am to
quote:

He will NOT drop out... let me repeat this...a little s-l-o-w-e-r now... he will NOT drop out

Dude, Biden went from , according to your Joe Scarborough, the best cognitive he's ever been 3 months ago to where we saw him 3 months later.
Election is another 4 months away
Posted by Lizardman2
Member since Jan 2024
2442 posts
Posted on 7/1/24 at 7:02 am to
Would the FEC step in?
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
79966 posts
Posted on 7/1/24 at 7:04 am to
quote:

Election is another 4 months away


Ya think Joe will be even better in that September debate?
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