Asked by Johnny Jones on Jun 17, 2024
Verified
Presidential candidates who accept federal funding for their general election campaigns
A) are subject to strict expenditure limits.
B) can spend unlimited amounts of their own money but cannot spend any money donated to their campaign through a political action committee.
C) can spend unlimited amounts of money donated to their campaign through a political action committee but cannot spend any of their own money.
D) face no limits on their expenditures.
Federal Funding
Government funds provided to projects, programs, individuals, or entities typically through grants, loans, or direct payments.
Expenditure Limits
Financial restrictions imposed by governments on how much can be spent in a certain period or on a specific project to prevent overspending.
Political Action Committee
An organization that raises and spends money to influence elections or legislation, particularly in the United States.
- Elucidate the purpose of state financing in political campaigns and the regulatory framework controlling campaign contributions.
Verified Answer
JG
jassie GrewalJun 22, 2024
Final Answer :
A
Explanation :
Candidates who accept federal funding for their general election campaigns are subject to strict expenditure limits. They must agree to limit their campaign spending to the amount provided by the federal government. These limits are designed to help level the playing field and prevent wealthy candidates from having an unfair advantage over less wealthy opponents.
Learning Objectives
- Elucidate the purpose of state financing in political campaigns and the regulatory framework controlling campaign contributions.