From Elissa Slotkin <[email protected]>
Subject Where did “end-of-quarter” come from?
Date December 29, 2023 2:39 PM
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We’re just two days away from our important Federal Election Commission (FEC) deadline: On December 31st, we will close the books on the final fundraising quarter of the year. Given that your inbox is likely full of emails from campaigns like mine ringing the alarm bells, I thought I’d throw in a bit of history to explain the context of all the kerfuffle that comes with these deadlines – and why so many campaigns, including my own, are in your inbox asking for donations right now.

If you already know how important these deadlines are, please use this link to make a contribution to our campaign today: [link removed]

Each year, candidates running for federal office face four official quarterly fundraising deadlines – March 31, June 30, September 30, and December 31. After these deadlines pass, we are legally required to report how much money we’ve raised and the number of donations we receive. Campaigns will have to file their reports by January 31st.

These deadlines were put into law in 1974 by the FEC Act. This was driven by reports of serious financial abuses in the 1972 presidential campaign. The FEC Act created limits for how much individuals could contribute to a campaign and established the Federal Election Commission. Since then, candidates running for federal office have to report what they raised, how much they spent, and how many individual donations they received four times a year.

Unlike many in politics, I won’t give you a made-up emergency or try to convince you that the sky is falling with these FEC deadlines. But these quarterly reports do set the tone for what this campaign can accomplish in the coming months. Friends and competitors alike watch these numbers and make critical decisions for the road ahead.

So this is why I ask, and where it comes from. If you’d like to help us knock this FEC deadline out of the park, please consider chipping in below. The sky will NOT fall if you don’t contribute, the country will NOT descend into chaos – but you WILL help us compete in one of the country’s most competitive Senate races! And isn’t that worth it?

CONTRIBUTE: [link removed]

Thank you,
Elissa
 


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