1 / 47

Congress and Fundraising

Congress and Fundraising. Opportunities to discuss course content. Thursday 10-2 Friday 10-12. Learning Objectives. Analyze the theories of why people vote and apply them to the 2012 Election .

macha
Download Presentation

Congress and Fundraising

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Congress and Fundraising

  2. Opportunities to discuss course content • Thursday 10-2 • Friday 10-12

  3. Learning Objectives • Analyze the theories of why people vote and apply them to the 2012 Election. • Evaluate the strengths and weaknesses of how presidential and congressional elections are financed.

  4. Public financing in 2012

  5. Government Money in the Primary Federal Money is available in primary and general election There are Eligibility Requirements, caps on spending, and caps on raising. 22 million from the G, and 55 million cap on spending

  6. Federal Money in the 2012 Primaries In 2012, no one accepts it Candidate strategy helped end this

  7. Public Funding for General Election • Each candidate could receive 91 million in public money • It doesn’t kick in until you are officially nominated • This money served to reduce campaign costs and remove any potential for corruption

  8. At the Presidential Level

  9. This is Hard Money

  10. Money Why Do I need it and where do I get it?

  11. Why I Need Money to Run for office • It buys advertising and mobilizes voters • It converts itself • In Scares away challengers

  12. I Will Lose Without it • There is no public money available or it is foolish to take it • The Cost of Winning a seat • 1.3 Million in the House • 7 Million in the Senate

  13. Where we get our money

  14. Sources • Individuals • Parties • Pacs • Third Party Groups

  15. How Much Can People Give?

  16. Political Parties

  17. The Role of the Internet • Publicity • Instant Access • Low Opportunity Costs • Currently favors the Democrats

  18. Political Action Committees • The Money Giving Arm of an Interest Group • Can Give $5,000 per candidate per election

  19. Different PACs have different Goals • Issue PACS • Labor PACS • Ideological PACS • Leadership PACS

  20. PACS Give to Safe Seats • Money flows to safe seats • Giving money to losers has no return on investment • If I wanted to buy seats, I would give to underdogs and closer races

  21. Why do I give to Incumbents of any party? • I care about the issues, not the label • I want to keep my supporters in office • Keep my enemies out

  22. PACS Give to People Who Already Support them • “Corporations Love Everyone” • You want them to get reelected • You want them to continue to support your ideas

  23. Donors Do not Try and “Switch” People • My money is not going to change their votes • They won’t take my money anyway

  24. If Money Buys votes, why don’t I give to undecided members • Money could convince them to vote my way • But what if it doesn’t • Its safer to hang on to it

  25. If I wanted to Buy Votes? Than why do I give to my friends? • I give my money to my strongest supporters • You want them to get elected and reelected • You want them to continue to support your ideas

  26. In Texas Ted Cruz Paul Sadler

  27. The Goal Of My Money • Access • A chance to meet with legislators • Ensure my views are represented

  28. New Money In elections

  29. Citizens United vs. Federal Election Commission Corporations and labor unions can spend unlimited amounts of undisclosed money to call for the election or defeat of candidates all the way to election day. Can include the magic words Cannot be in conjunction with a candidate or party

  30. Independent Expenditures in 2010 From The Right From The Left

  31. Super PACS • Created by Speechnow Decision • Can collect unlimited amounts of disclosed money • Can collect from “non-profits” who don’t • Must be independent and can use magic words

  32. 501(C) “nonprofits” • Can Spend Unlimited Amounts of Money • Do not have to disclose their donors • Can’t use the magic words • Can’t be primarily engaged in politics

  33. Top 501(c)’s

  34. Karl Rove: Best of Both Worlds American Crossroads Crossroads GPS 501 (c) Doesn’t have to disclose donors Can give to other 501(c) groups as part of social welfare goal • Super Pac • Must Disclose Donors

  35. Sheldon Adelson • 92 Million total • 20.5 Million went to Newt Gingrich • The biggest donor of 2012

  36. The Super Donors

  37. Outside Spending in 2012

  38. Top Outside Spenders: 2012

  39. Outside Spending in 2012

  40. Advantages of Super Pacs • They Can Spend the Unlimited Amounts • Level the Playing Field • Say things that a candidate would never say

  41. Disadvantages of Super Pacs • Message problems • Cost-effectiveness

  42. Impact of the Super-pacs • GOP outspends 2-1, but Hard Money is still better • Tend to give to ideologically pure and long-shot candidates • Will have to re-evaluate themselves

  43. The Republicans The Election

  44. The Republicans • Romney • Perry • Gingrich • Santorum

  45. Obama’s Super Pac Strategy • Previously • If You cant beat them, join them • Creates a super pac

  46. Obama in the Summer • Preemptive Attack • Battleground States • Cost-Effective

  47. Overall Spending

More Related