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How much can one donate to a political candidate? How is campaign financing regulated? Professor Daron Shaw has the answers on funding campaigns.

Campaign finance: Money and politics’ relationship gets stronger

Daron Shaw

Daron Shaw

Professor, University of Texas at Austin

Money and politics go hand in hand and the totals going back to 2008 reveal the relationship is only growing stronger. In 2020, spending in federal elections totaled $14.4 billion. It’s been increasing for more than a decade:    2016: $6.5 billion 2012: $6.3 billion 2008: $5.3 billion Does money drive election results?  Empirical analysis shows it does not. There are many examples of candidates spending extraordinary amounts of money and losing. Take South Carolina’s Jaime Harrison, D, who raised $109 million in 2020 and lost his Senate race to incumbent Sen. Lindsey Graham, R, by 10 percentage points. But there…

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