How does The Presidential Public Finance System work?
There are two separate systems for the primary and general election campaigns: a partial-public financing system for the primary elections, when the parties choose their nominee, and a full public financing system for the general election. A candidate may choose to opt in none, one, or — if the candidate is their party’s nominee — both of the systems. The Primaries (Partial Public Financing) • Candidates who opt in may qualify to receive a dollar-for-dollar match for up to $250 dollars from each contributor. For example, if a contributor donates $100 to candidate Jane Smith’s campaign, Jane Smith’s campaign committee will receive an additional $100 in public funds for that contribution. If the contributor gives $1,000, then the candidate receives an additional $250 in public funds to match the first $250 given by the contributor. • In order to qualify for public funds for the primaries however, the candidate must meet the following criteria • They must prove to have a minimum amount
