Wednesday, March 29, 2017

Campaign Matching Funds Disbursed

New Jersey election officials are releasing the amount of public campaign matching funds being disbursed to candidates.
The Election Law Enforcement Commission stated that more than $1.7 million has been given to two candidates vying to succeed Republican Governor Chris Christie.
According to the commission, Republican Lieutenant Governor Kim Guadagno received more than $830,000. Democrat Jim Johnson, a former Clinton Administration treasury official, has received more than $875,000.
The program allows candidates to get $2 in public cash for every dollar raised. Candidates must raise $430,000 to qualify and there's a cap of $4 million.
Matching funds are financed through donations from state income tax forms and through the general fund.

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