The Presidential money race

by Caroline Breniere, Srishti Gupta, and Alahna Kindred

Current Funds

Hillary Clinton raised more funds than Donald Trump in the current 2016 election cycle.

Clinton has raised $1.3b and Trump has raised $795m as of 19 October, according to the Federal Election Commission data.

Clinton’s campaign committee had $62.4 million on hand, nearly four times the $16 million Trump had as of October.

Clinton has spent 93 per cent of what she has raised so far where we Trump spent 96 per cent of what he has raised.

Clinton’s campaign received 16 per cent of its money in donations of $200 or less. Trump’s campaign received 27 per cent of its funds from small donations.

Trump spent more than $33 million of his total on placed media and digital consulting/online advertising. Clinton kept shelling out more than Trump in some key areas, such as payroll, where she spent $1.7 million to Trump’s $500,000. Clinton’s largest expense category was more than $30 million in media buys.

The following info graphics show the contributions of the 11 swing states for the 2016 presidential election campaign. To learn more about swing states, click here. (hyperlink to article about swing states)

How does it work?

Private Donors

Super PACs and candidates can accept unlimited contribution from wealthy donors, individuals or corporations.

During this election, Super PACs have received more than $1 billion from mega-donors, a record, according to a Washington Post analysis of federal campaign finance report. In 2012, Super PACs collected a total of $853 million.

The following info graphics show who are the 10 biggest donors of the 2016 presidential election.

Political Action Committee (PAC)

These committees are organized for the purpose of raising and spending with the intention of electing and defeating candidates. PACs typically represent ideological, labour or business interests.

PACs are allowed to give $5,000 to a candidate per election, $5,000 to any other PAC, and up to $15,000 to a national party committee. Furthermore, PACs may receive up to $5,000 from individuals.

Super PACs

Their technical name is expenditure-only committees and are a more recent type of committee that came out of the v. Federal Election Commission in 2010. Super PACs are able to raise an unlimited amount of money from unions, corporations, individuals and associations to support their candidate.

Super PACs are not allowed to donate money directly to candidates, unlike regular PACs. Their spending cannot be directly coordinated with the candidates they benefit, but candidates and Super PAC managers can discuss strategies related to the media. Super PACs advocate for the election or defeat of a candidate by buying television, print, radio and other media advertisements.

Top Five Super PACs supporting/opposing the candidates of the 2016 Election

  1. Priorities USA Action – supports Clinton

Raised: $175,968,141

  1. Rebuilding America Now – supports Trump

Raised: $20,335,192

  1. Our Principles PAC – opposes Trump

Raised: $19,007,852

  1. Restoration PAC – opposes Clinton

Raised: $3,553,109

  1. NeverTrump PAC – opposes Trump

Raised: $307,855

All information came from Open Secrets

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