Presidential elections will be held in America in 2024, and political activities regarding this election have already intensified. Just a few days ago, in one of its decisions, the Supreme Court of Colorado disqualified Trump as a presidential candidate. On the other hand, Joe Biden from the Democratic Party seems fully prepared to enter the field again.
America’s presidential election is considered an important election not only for this country but for the entire world because the President of this country is seen as the most powerful in the world. This is why all the parties use their maximum strength to achieve victory.
America’s presidential election is undoubtedly the most discussed in the world. But, the special thing is that it is also considered the most expensive election. To ensure their victory here, candidates start their campaign years in advance.
In this situation, let us know in this report what the method of funding presidential elections in America is and how much is spent in these elections.
How Much Does A US Presidential Election Cost?
Be it the democracy of India or America; expenditure is incurred in publicity campaigns. If we talk about America, the presidential election here is very complicated. The journey to the White House of this country is as fun as it is to reach there.
In America, preparations for the presidential elections begin one and a half years before the election date. During this period, all the parties contest elections, and their candidates make plans to make their place among the public. These schemes prepare a roadmap from lobbying to the fundraising level.
A special thing about the American presidential election is that no limit has been set on the expenditure on elections. That means a party can spend as much as it wants. According to an estimate, a presidential election in this country costs about one billion dollars.
|
Expenditure On Presidential Elections In America |
|
|
Year |
Expenditure (In Crores) |
|
2000 |
22,000 |
|
2004 |
30,000 |
|
2008 |
36,000 |
|
2012 |
45,000 |
|
2016 |
49,000 |
| 2020 |
1,12,000 |
How Much Was Spent In The 2016 Elections?
Talking about the presidential elections held in 2016, one billion dollars were spent per candidate during the election campaign this year. That means approximately Rs 6,800 crore was spent in this year’s presidential elections.
Also, Know The Expenses Of The 2020 Presidential Election
Advertising Analytics Cross Screen Media report says that in the last presidential election, i.e., in 2020, very few campaign programs were organized due to coronavirus infection. But, the candidates spent heavily on social media and TV advertisements. The total cost of this election was estimated to reach 14 billion US dollars, which proved to be the most expensive presidential election in the history of America.
What Does American Law Say On Donation?
American law regarding donations for elections says that no person can donate more than $2,800 to a candidate. However, the candidates contesting for President can spend as much money as they want from their private property for the election campaign.
What About The Candidates Who Are Not Rich?
According to American law, candidates who are not rich or do not have personal property to spend on campaigning can also spend millions of dollars in elections. Political Action Committees are allowed to deposit unlimited funds during the election campaign. However, these committees are not directly linked to the candidates, and there are some limits on this expenditure.
Money Will Also Be Available To Spend In General Elections
According to American law, major party candidates are also given money to spend on campaigning in general elections. Between 1976 and 2012, money was also provided for the conferences of major parties in which candidates were nominated. However, in 2014, government funding for these conferences was stopped.
Who Received How Many Donations In The Last Election?
During the last presidential election (2020), Democratic candidate Joe Biden became the first candidate in American history to collect donations exceeding one billion dollars. This party had collected a record donation of $938 million through its campaigns by 14 October 2020. Former President Donald Trump received a donation of 596 million dollars.
How Powerful Is The Post Of President Of America?
The President of this country is considered the most powerful person in the world. However, this does not mean that the President of America has the authority to do anything. Let us know about the rights of this post.
- No person can become President of America more than twice
- The American President is the head of the government and states.
- It is the President who implements the laws passed by the Parliament.
- The President of America can also recognize a new country.
- The President cannot pass any bill on his own.
- Getting support from the general public in the speech can pressure the MP to make a law.
Now Let Us Know Who Can Run For The Post Of President In America
According to Section 1 of Article 2 of the US Constitution, three important things have been kept in mind in the Presidential elections to be held in America, under which the foundation of this country’s elections is laid. According to this rule, if a person wants to become the President of America, he must fulfil three conditions.
- The person participating in the presidential election must be a born American.
- His age should be at least 35 years.
- The person contesting elections must have lived in America for at least 14 years.
How Much Salary Does The President Of America Get?
The salary and allowances of the President of America are the highest in the world. The American President is given a salary of $4,00,000, i.e. Rs 2,94,19,440 every year, which is almost five times more than the salary of the Indian President.
