Summary of US Election Costs 1860-2000 and Contribution Limit Data Costs of Presidential General Elections in Current and Constant (2002) Dollars, 1860 through 2000 (note: public funding began 1976) $400,000,000 $366 million $350,000,000 Democratic and Republican party candidates only. Starting 1976, data include spending by parties on behalf of candidates but not spending by independent groups. Also excluded is non-candidate advertising spending by parties, which is quite large in 1996 and especially 2000. $300,000,000 $250,000,000 $200,000,000 $150,000,000 $100,000,000 $50,000,000 $0 1860 1868 1876 1884 1892 1900 1908 1916 1924 Current Dollars 1932 1940 1948 1956 1964 1972 1980 1988 Constant Dollars Source of current-dollar data: to 1988: Herbert Alexander, Financing Politics , 4th edition (CQ Press, 1992), p. 80; 1992-2000: Anthony Corrado, published sources. sumcamp.pdf 06/11/03 © 2003 Robert C. Sahr, Political Science Department, Oregon State University, Corvallis, OR 97331-6206 e-mail: [email protected]; WWW: http://www.orst.edu/Dept/pol_sci/fac/sahr/sahrhome.html 1996 Summary of US Election Costs 1860-2000 and Contribution Limit Data, page 2 Costs of Republican and Democratic Presidential General Election Campaigns in Constant (2002) Dollars, 1860 through 2000 (note: public funding began 1976) $300,000,000 $260 million Starting 1976, data include spending by parties on behalf of candidates but not spending by independent groups. Also excluded is non-candidate advertising spending by parties, which is quite large in 1996 and especially 2000. $250,000,000 $200,000,000 $150,000,000 $114 million $127 million $100,000,000 $70 million $50,000,000 $0 1860 1868 1876 1884 1892 1900 1908 1916 1924 1932 Democratic 1940 1948 1956 1964 1972 Republican Note: "X" in Republican series indicates winner and open diamond in Democratic series indicates winner Source of current-dollar data: to 1988: Herbert Alexander, Financing Politics , 4th edition (CQ Press, 1992), p. 80; 1992-2000: Anthony Corrado, published sources. 1980 1988 1996 Summary of US Election Costs 1860-2000 and Contribution Limit Data, page 3 Value Needed to Equal Campaign Contribution Limits of 1974 in Inflation-Adjusted Dollars of Each Year 1974 to 2003 $100,000 $90,000 Read this chart as follows: To equal in value the $25,000 per year individual limit set in 1974 would require about $89,000 in the year 2003 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 $1,000 Individual to candidate per prim ary or general election $20,000 Individual to natl party com m ittee per year $25,000 Individual total per calendar year $5,000 PAC to candidate per prim ary or general election and individual or PAC to any other political com m ittee per year $15,000 PAC to natl party com m ittee per year 2002 Summary of US Election Costs 1860-2000 and Contribution Limit Data, page 4 Inflation-adjusted Value of 1974 Campaign Contribution Limits Each Year 1974 to 2003 $30,000 Read this chart as follows: The $25,000 per year individual limit set in 1974 equals about $7,000 in inflation-adjusted (2002) dollars in the year 2003 $25,000 $20,000 $15,000 $10,000 $5,000 $0 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 $1,000 Individual to candidate per prim ary or general election $20,000 Individual to national party com m ittee per year $25,000 Individual total per calendar year $5,000 PAC to candidate per prim ary or general election or individual or PAC to other political com m ittee per year $15,000 PAC to national party com m ittee per year 2002
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