re: NBC news reporting Biden to have meeting with family tomorrow about future of campaign

Question: he steps down from the Presidency immediately. He has multiple millions of dollars of campaign donations. What happens to all that money? The DNC gets it?

You’re onto one of the significant reasons why it simply ain’t gonna end up happening.

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Question: he steps down from the Presidency immediately. He has multiple millions of dollars of campaign donations. What happens to all that money? The DNC gets it?

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Federal campaign law dictates that you can use whatever money there to settle the debt you have and then it has to go back to the donors which they'll find every trick in the book to keep as much money as they can but donors that ask for their money back it has to be given back to them within 30 days

But so much money that is set up in packs or super packs or state parties or senatorial campaigns that money will get wasted the way they were planning

And again as most of my explanations of these issues on here it is a gross over symbolization but actually correct and answers

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picking someone other than the person that won the primary sounds threatening to democracy lol

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Democrat voters haven't picked their own nominee since Obama in 2008. The Party will select who they want if Biden steps aside. I think they're facked. Isn't the Ohio deadline next week?

No, we’re talking about monies donated directly to the Biden For President type deal, the one that bears his specific name and the election involved.

Plus, any which way you slice it, it’s a pretty good bit of steps and process to do in barely 5 months.

It is something we need to be reminded of. They don’t play 3D chess well.

BUT they don’t have to play by the rules AND they make up new rules only for us along the way as it suits them

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No, we’re talking about monies donated directly to the Biden For President type deal, the one that bears his specific name and the election involved.

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I'll repeat myself but I'll do so slower this time


that money according to federal campaign laws can still be spent to retire debt incurred by that campaign the Biden campaign


They will whether it's legal or right or moral or not hide a lot of extra spending in that there'll be a lot of unpaid bills that suddenly get turned in that extend people's salary for a year plus and all of those things rent on office spaces is allowed to be completed all that after all that is done the money must be returned to the donors

also as I said any donors that ask in writing ...has to be returned within thirty days


And all other clarify again there are cases and instances where these laws don't apply but generally speaking that's how it works

Imagine getting advice from Hunter.

My bad bro. I just didn’t realize you were a federal election law expert.

So exactly what “debt” are you referring to that is able to be satisfied with these campaign contribution funds? You use the term pretty loosely, and I’m sure expertise in this area would dictate a slightly more specific explanation.

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So exactly what “debt” are you referring to that is able to be satisfied with these campaign contribution funds?

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Employment contracts

data those vendors will get paid as if were going thru to Nov and a new candidate changes the nature of the data so it cany be resodl to recoop

leases

car rentals

advertising buys in some cases.. I guarantee you the Biden campaign is bought up a lot of advertising time ,, the Biden campaign could sell that time and get some money back they CANNOT just transfer the time to the new campaign and the price is set by Election FCC law

and in some of those states that the new nominee would decide not to spend money in those States
those radio stations TV stations are still going to get their money from biden

A lot of the expenses in general and they write them when they're writing these contracts they write them in the way that these people get paid even if the candidate drops out and I'm going to guess at the big ones the smart consultants which I know y'all are hate to admit this but some of the Democrats are smart consultants I guarantee you they've worked in not only getting paid but they probably get a bonus if Biden drops out