this post was submitted on 02 Jul 2024
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politics

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[–] disguy_ovahea 6 points 5 months ago

That’s probably true for the candidate that’s half a billion dollars in debt to NY, has “allegedly” sold government secrets to foreign entities, used his hotel to siphon millions from taxpayers by mandating it for governmental use, and hopes to become President to pardon himself from several crimes awaiting trial.

Biden’s sizable funds are campaign contributions. There are rules on how those are spent after the campaign ends.

Presidential candidates raise millions of dollars from donors and through political action committees during campaigns.

There are rules in place for how money can be used after a campaign ends. Permissible uses include charitable donations and donations to other candidates while personal use is prohibited.

Campaigns may refund money to donors or redistribute it with their permission if they drop out.

Super PACs may use leftover campaign cash to support the same candidate in other elections.

https://www.investopedia.com/articles/markets/042716/what-happens-campaign-funds-after-elections.asp