When Campaigns End, What Happens to Leftover Cash?

When Campaigns End, What Happens to Leftover Cash?
(AP Photo/Matt Rourke)

What happens to the money they have raised, but not yet spent?

The amounts could be substantial. Financial reports submitted to the Federal Election Commission indicate that as of Dec. 31, 2019, candidates who had already dropped out still had plenty in the bank. Former Texas Congressman Beto O'Rourke dropped out Nov. 1, but at year’s end still had US$360,000 in the bank. Sen. Kamala Harris, who dropped out Dec. 3, reported having $1.3 million available.

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