Mike Pence and Chris Christie are set to jump into the 2024 race next week, joining Ron DeSantis. All three are hoping to not end up the Jeb! of 2024. Yet the trio appears to be taking a distinctly Jeb!-ian approach to funding and running their campaigns
in increments under $200, while less than one-fifth came in chunks of $2,000 or more. It seems a lot easier for a candidate’s loose orbit to collect checks in huge sums, but there are huge complications incumbent in that system once the money comes across the table.
All of this, of course, is limited to the official super PAC spending. In campaign finance circles, so-called “dark money” groups also are operating. Unlike super PACs, which have to disclose their donors in regular reports to the Federal Elections Commission, the “dark money” operators are technically organized under the tax code as social-service or nonprofit groups that can hide their patrons. A must-read New York Timesof the top 15 Democratic-aligned nonprofits spent more than $1.
Yes, these are absolutely insane sums of money in politics. In a time not that long ago, general election campaigns ran on a public financing system that ensured ideas, not checkbooks, fueled the presidential campaigns. George W. Bush and John Kerry each had about $150 million in public financing toFast-forward a little more than a decade.
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