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100 Percent Fed Up Feed
100 Percent Fed Up Feed
2 yrs

EXPLAINED: What Happens To Biden’s Campaign Donations If He Drops Out?
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100percentfedup.com

EXPLAINED: What Happens To Biden’s Campaign Donations If He Drops Out?

With Joe Biden almost surely set to drop out of the race soon (or be removed, or die) you may be wondering like I was: what will happen to all his campaign contributions? Millions upon millions…. Remember just a few weeks ago when Barack Obama helped Biden raise $28 million? WATCH: President Barack Obama Has To Guide A Confused Biden Off Stage As He FREEZES Again So what happens to all that money if Biden drops out, dies or is removed? Does it all go to Kamala? Is it just transferred to whoever replaces him? Not exactly. Allow me to explain how it would be dealt with.... If Joe Biden were to drop out of the presidential race, the handling of the campaign donations would follow the Federal Election Commission (FEC) regulations. Here is how it would work in order of what would happen first to last (I've included citations to my sources and legal authorities): Debt Repayment: Campaign funds can be used to pay off any outstanding debts or obligations incurred during the campaign. This includes costs associated with winding down the campaign, such as office space rental, staff salaries, and office supplies​ (FactCheck.org)​​ (FEC.gov)​. Refunds: Contributions made for the general election must be refunded to the donors if the candidate drops out before the general election. This refund must occur within 60 days unless the donor gives permission to use the funds for other purposes​ (Investopedia)​. Donations to Charities or Political Parties: Leftover funds can be donated to charitable organizations or transferred to other political committees, including national, state, or local party committees​ (Investopedia)​​ (Mental Floss)​. Transfers to Other Candidates: The campaign can make contributions to other federal candidates, subject to limits (e.g., $2000 per election per candidate)​ (Mental Floss)​. Future Campaign Use: Funds can be saved for a future election campaign by the same candidate. If Biden decided to run for another office in the future, he could use the remaining funds for that campaign​ (Investopedia)​. Prohibited Personal Use: The funds cannot be used for personal expenses. Personal use includes expenses that would exist irrespective of the candidate’s campaign or duties as a federal officeholder, such as household items, personal mortgage or rent, and personal travel​ (Investopedia)​​ (Mental Floss)​. Ok, so let's dig into #4 a bit.... So let's just say that The Rock ends up replacing Joe Biden. It's true that only $2,000 of the Biden Campaign Funds can be transferred directly to The Rock's campaign, which of course is basically nothing. But that's not really the end of the story. There are many loopholes and workarounds. Here are the three biggest ones: Donations to Charities: Donate an unlimited amount to charitable organizations, provided the donation does not benefit Biden personally​ (Investopedia)​​ (FEC.gov)​. Transfers to Party Committees: Transfer unlimited amounts to national, state, or local political party committees​(Mental Floss)​​ (FEC.gov)​. Leadership PACs: Establish a leadership PAC, which can be used to support other candidates and political activities. This is more flexible but still subject to restrictions on personal use​ (Mental Floss)​. So that's probably where we'd see the bulk of it go....to places like the DNC or other PACs. Forbes recently published a similar analysis that lines up very nicely with what I've just posted above: KEY FACTS If a presidential candidate dropped out of the race, they would first need to repay all of their campaign vendors, and if the campaign ended before their parties’ respective conventions, where they officially select a nominee, they would have to refund all contributions designated to be used in the general election, elections lawyer Brett Kappel told Forbes. After that, Biden or Trump could try to use any leftover money to support their party’s new candidate—but campaign finance laws only allow them to transfer $2,000 directly to another federal campaign, so the vast majority of their eight-figure war chests would need to be given to other groups like political parties or PACs, a complicated process. The funds could seamlessly be transferred, without limits, to national, state or local party committees, such as the Democratic or Republican National Committees, which could use the money to support a replacement nominee or other Democratic candidates in federal down-ballot races—a scenario that would make the party largely responsible for funding a candidate’s presidential run, representing a break from most modern campaigns. FEC rules also permit limitless transfers to political action committees and to nonprofits, which can support candidates that align with their broader mission statement, though engaging in political campaigns cannot be their primary activity. Political action committees and super PACs supporting presidential candidates could seamlessly begin spending their money to support replacement candidates, but super PACs are legally prohibited from coordinating directly with campaigns. A presidential candidate who drops out of the race could also create what’s known as a leadership PAC, which are controlled by federal office holders and used to help other candidates for office, but leadership PACs have a $5,000 limit on donations to and from the organization, Kappel said, noting “it would be more efficient to just give [unspent campaign money] to the party committees.” CNN also had an interesting analysis more generally exploring what happens in several key things if Biden is replaced: Who could replace Biden? You can assume, for instance, that Vice President Kamala Harris would be a top contender to be on the ballot in such a scenario. But there would be other potential candidates who previously argued they could run a more effective campaign against former President Donald Trump. Would someone like California Gov. Gavin Newsom – who offered unqualified support for Biden in the wake of Thursday’s debate – challenge Harris at the convention? Settling on a replacement could be divisive and ugly. It would be up to the delegates to decide, in a series of votes after frantic lobbying, who to pick. On the Democratic side, there is also another group to consider: the “superdelegates,” a group of about 700 senior party leaders and elected officials who are automatically delegates to the convention based on their position. Under normal party rules, they can’t vote on the first ballot if they could swing the nomination, but they’re free to vote on subsequent ballots. What if a candidate left the race after the convention? It would take a drastic event for a candidate to leave the race in the few months between a party’s nominating convention in the summer and the general election in November. Democrats and Republicans have slightly different methods of dealing with this possibility. You can imagine the end result would probably be that the running mate stepped up to be on the general election ballot, but that is not necessarily guaranteed. Democrats – The Democratic National Committee is empowered to fill a vacancy on the national ticket after the convention under party rules, after the party chair consults with Democratic governors and congressional leadership. Republicans – If a vacancy occurs on the Republican side, the Republican National Committee can either reconvene the national convention or select a new candidate itself. Would the running mate automatically become the nominee? An in-depth Congressional Research Service memo also notes that if an incumbent president becomes incapacitated after winning the party’s nomination, the 25th Amendment would elevate the vice president to the presidency, but party rules would determine who rises to become the party’s nominee. Neither party, according to the CRS, requires that the presidential candidate’s running mate be elevated to the top of the ticket, though that would obviously be the most likely scenario. Has a candidate ever left the race after the convention? In modern times, per the CRS, the Democrat running for vice president in 1972, Sen. Thomas Eagleton, was forced to step aside after the convention after it was discovered that he was treated for mental illness. (1972 was a very different time! Today, thankfully, there is not nearly the stigma attached to mental health.) The DNC actually needed to convene a meeting to affirm Sargent Shriver as Democratic nominee George McGovern’s second-choice running mate. What if a president-elect was incapacitated after the election? If a president-elect was to die, timing is again important. Under the Constitution, it is electors meeting in state capitols who technically cast votes for the presidency. While some states require that they vote for the winner of the election in their state, in others they have leeway. The CRS memo, which cites several congressional hearings on the subject, suggests it would clearly make sense for a vice president-elect to simply assume the role of president-elect, but the law itself is murky. Under the 20th Amendment, if a president-elect dies, his or her running mate, the vice president-elect, becomes president. There could be some question, for instance, about when exactly a person becomes president-elect. Is it after the electors meet in December, or after Congress meets to count Electoral College votes on January 6?
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The First - News Feed
The First - News Feed
2 yrs ·Youtube News & Oppinion

YouTube
Did Biden Lose or Did Trump Win?
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Classic Rock Lovers
Classic Rock Lovers  
2 yrs

"I would like a nice large creamy slice this time around": UFO frontman Phil Mogg returns with Apple Pie, first single from new band Moggs Motel
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"I would like a nice large creamy slice this time around": UFO frontman Phil Mogg returns with Apple Pie, first single from new band Moggs Motel

The debut album by Moggs Motel will be released later this year
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Jihad & Terror Watch
Jihad & Terror Watch
2 yrs

WOO HOO!!! Marine Le Pen’s conservative National Rally party projected to win first round of French snap elections ordered by Macron
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WOO HOO!!! Marine Le Pen’s conservative National Rally party projected to win first round of French snap elections ordered by Macron

The National Rally (RN) party made gains in the first round of France’s legislative elections, according to early projections by exit polls released after polls closed. The far-left media insists on calling the party “FAR RIGHT,” which it is not. As threatened, Left Wing/Muslim riots over the apparent victory of Marine Le Pen’s party in […]
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Daily Wire Feed
Daily Wire Feed
2 yrs

Graham Rips ‘Compliant Media’ For Hiding Biden’s Cognitive Decline From Public
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Graham Rips ‘Compliant Media’ For Hiding Biden’s Cognitive Decline From Public

Sen. Lindsey Graham (R-SC) ripped the media during an interview over the weekend for hiding President Joe Biden’s cognitive decline from the public. Graham made the remarks during a Sunday interview on CNN’s “State of the Union” with co-host Dana Bash when asked about Biden’s disastrous debate performance. “This idea that Biden had a bad night, that’s not the story. He’s had a bad presidency, had a disastrous debate,” Graham said. “How could we get here? How could the American people see what they saw and not be forewarned? You have got a compliant media who’s written off the problems with President Biden. They have tried to soft-sell this as attack by the right wing that he’s compromised. There is no cheap-fakes here.” “The man is compromised, and the media has been covering,” he continued. “He’s not a good president. He’s a decent man. He’s a failed president. He is compromised. That’s the storyline here.” Graham said that what he is worried about is what will happen between “now and November” given the apparent state of Biden’s mental fitness. “Does Iran get a nuclear weapon because they think Joe Biden’s so compromised, he’s not going to do anything about it?” he asked. “You got a compliant media and a lockstep Democratic Party who cheers bad policy. Have you heard one person named to replace Biden that would do anything different on the border? No. Have you heard anybody criticize his withdrawal from Afghanistan they’re considering replacing him with? So this is a very dangerous time for America and the world at large. This election turned from this debate. Clearly, President Biden is compromised. But, most importantly, his policies are not working.” WATCH: President Trump had an excellent debate night. He was clear, concise and focused. President Biden performed terribly at the debate, but that’s not the whole story. He’s had a disastrous presidency propped up by mainstream media. pic.twitter.com/2StfleMfjt — Lindsey Graham (@LindseyGrahamSC) June 30, 2024
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Daily Wire Feed
Daily Wire Feed
2 yrs

Former Biden Aide Has Had It With Dems Defending Biden: ‘Jesus Christ With The Gaslighting!’
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Former Biden Aide Has Had It With Dems Defending Biden: ‘Jesus Christ With The Gaslighting!’

A former Biden White House official made it clear on Sunday that he had had it with Democrats — particularly those close to President Joe Biden — defending his poor debate performance and tanking poll numbers. Michael LaRosa, who previously served as press secretary to First Lady Jill Biden, lashed out at the White House’s former communications director Kate Bedingfield over her appearance on CNN’s “State of the Union” — and argued that she was gaslighting the American people. Bedingfield joined host — and debate moderator — Dana Bash to discuss the Thursday evening event that left many Democrats scrambling to either defend Biden or admit that he was not capable of moving forward with a second term in office. WATCH: “The reality is the race has not fundamentally changed,” @kbeds says. “I think there’s universal agreement [it] wasn’t a great night for Joe Biden. He said as much. But what we see in all the data that has emerged since Thursday is the fundamental head-to-head hasn’t shifted.” pic.twitter.com/GVw81foAvl — Brian Stelter (@brianstelter) June 30, 2024 Bedingfield conceded that debate night had not been “great” for the president — but she then claimed, “The reality is that the race has not fundamentally changed.” “What we see in all the data that has emerged since Thursday is the fundamental head-to-head hasn’t shifted,” she added. But LaRosa wasn’t buying it, and said so in an X post. “The data!? If there is data that counters the impact of what we all saw then WHERE THE HELL IS IT??? WHAT THE HELL ARE YOU WAITING FOR?? SHOW US!” he demanded. “Jesus Christ with the gaslighting, the talking points, and the damn spinning. Enough already.” “Show your supporters or the media this data so we can help you help him! You’ve told us for A YEAR that data and polling can’t be trusted … no one is paying attention … and all of the polling and data are unreliable,” he continued. “Are we NOW supposed to believe it? You’ve been undermining all of the public data and polling and attacking news outlets and their independent data for a year! Is it now safe to trust the data? Should we believe your data instead of independent media data and polling??? Ok, cool. WHERE THE HELL IS IT?” The data!? If there is data that counters the impact of what we all saw then WHERE THE HELL IS IT??? WHAT THE HELL ARE YOU WAITING FOR?? SHOW US! Jesus Christ with the gaslighting, the talking points, and the damn spinning. Enough already. Show your supporters or the media… https://t.co/qSuwNOTgU5 — Michael LaRosa (@MichaelLaRosaDC) June 30, 2024
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Daily Wire Feed
Daily Wire Feed
2 yrs

Biden’s Family Urges Him To Stay In 2024 Race After Fumbling Debate: Report
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www.dailywire.com

Biden’s Family Urges Him To Stay In 2024 Race After Fumbling Debate: Report

Members of President Joe Biden‘s family urged him to stay in the 2024 race this weekend at Camp David after his shaky debate performance last Thursday rattled Democrats, according to a new report on Sunday. Sources told The New York Times that Biden’s relatives argued Biden is still capable of serving another four years in the White House despite acknowledging how dismally he did in his face-off against former President Donald Trump. One person familiar with the discussion said Hunter Biden, the president’s son who was recently convicted of gun crimes and faces another trial on tax charges, was one of the most fervent opponents to his father dropping out. The report also noted that President Biden has been soliciting ideas from aides on how to proceed and staff members are debating whether he should hold a news conference or sit for interviews in an effort to reassure the public. Many Democrats are reportedly panicking about the election after 81-year-old Biden’s halting debate presentation — which sources close to the president suggested during the event was due to him suffering from a cold. There is growing pressure on Biden to drop out, including from donors and The New York Times’ editorial board, and give the party the opportunity to pick another person to be selected as the nominee at its convention in August. Post-debate polling from CBS News and YouGov showed 72% of registered voters do not believe Biden has the mental and cognitive health to serve as president. Half of the respondents said the same of Trump, who is 78. NBC News reported earlier in the weekend that Biden was expected to discuss the future of his re-election effort with members of his family at Camp David presidential retreat in Maryland on Sunday. Biden’s campaign responded by pointing out how the trip was planned last week and referring to a post-debate memo from its chairwoman, Jen O’Malley, expressing confidence in Biden’s ability to defeat Trump. A senior Biden official told CNN the president’s family, including children and grandchildren, were expected to be photographed by well-known photographer Annie Leibovitz during the visit to the Camp David retreat. Katie Rogers, one of the authors of The New York Times report, claimed on X earlier in the day that the Biden family “spent morning not having a summit but in hair and makeup” for the photo shoot. She later posted, “There is real anger within the Biden family and among close allies about how the president was staffed and prepared ahead of the debate, per people familiar. Biden himself is not stewing, trying to move forward.” The report said that Biden’s top adviser Ron Klain expressed a 100% certainty that the president will stay in the race. Klain added, “Big-money donors don’t get to dictate the nominee of the Democratic Party.”
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The Lighter Side
The Lighter Side
2 yrs

Common Blood Pressure Medication Recalled Nationwide
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www.inspiremore.com

Common Blood Pressure Medication Recalled Nationwide

A popular blood pressure and kidney medication has been urgently recalled over concerns that capsules may not properly dissolve when ingested and lead to cardiac arrest. Glenmark Pharmaceuticals and American Health Packaging (on behalf of BluePoint Laboratories) voluntarily recalled 135 batches of Potassium Chloride. According to the FDA, Glenmark is pulling 114 batches of 750 mg of Potassium Chloride Extended-Release Capsules bottled with 100 and 500 pills. Click here for the batch numbers and expiration dates on recalled bottles of Glenmark Pharmaceuticals Potassium Chloride. American Health Packaging recalled 21 batches of 750 mg of Potassium Chloride Extended-Release Capsules bottled with 100 and 500 pills. Click here for the batch numbers and expiration dates on recalled bottles of American Health Packaging Potassium Chloride. Both manufacturers’ recalled products were sold nationwide. Speak To A Healthcare Provider About The Recalled Blood Pressure Medication The FDA announcements explained that if the capsules do not dissolve correctly, they can cause hyperkalemia. Someone with hyperkalemia—or elevated blood potassium levels—may experience an “irregular heartbeat that can lead to cardiac arrest” as well as cardiac arrhythmias and severe muscle weakness. If you’re having any of the above symptoms, seek medical attention immediately. If you are taking the recalled medication, the FDA asks that you speak to your doctor if you’re experiencing early hyperkalemia symptoms. The administration also suggests speaking to your healthcare provider before abruptly stopping your medication. You can find the source of this story’s featured image here. The post Common Blood Pressure Medication Recalled Nationwide appeared first on InspireMore.
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Daily Caller Feed
Daily Caller Feed
2 yrs

‘I Think The Media Is Running Interference’: CBS Host Margaret Brennan, JD Vance Spar Over Trump’s Debate Responses
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‘I Think The Media Is Running Interference’: CBS Host Margaret Brennan, JD Vance Spar Over Trump’s Debate Responses

'Trump can do the job, Biden can’t'
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The Lighter Side
The Lighter Side
2 yrs

10 Metrics Reveal the American Recovery is Best in the World – And Still Improving
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10 Metrics Reveal the American Recovery is Best in the World – And Still Improving

The global pandemic plunged the entire world into economic free fall and societal unrest. Since then, one notable country has emerged successfully to stabilize global markets and calm fears—it’s the United States, which has maintained the lowest inflation rate of any major nation. Let’s look at measurements from ten major metrics that demonstrate how the […] The post 10 Metrics Reveal the American Recovery is Best in the World – And Still Improving appeared first on Good News Network.
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