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Word: checkoff (lookup in dictionary) (lookup stats)
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...Congress passed the Federal Election Campaign Act, which required candidates to report expenses and contributions, and the Revenue Act, which set up a Presidential Election Campaign Fund, financed by an optional checkoff box on income tax returns that diverted $1 (since raised to $3) from the U.S. Treasury. Candidates were offered large lump sums to cover expenses related to the general election, so long as they agreed not to collect private donations or spend money raised for primary contests. As Watergate unfolded between 1972 and 1974, amid allegations (later substantiated) that Richard Nixon used large campaign contributions for illegal purposes...

Author: /time Magazine | Title: Campaign Financing: A Brief History | 6/30/2008 | See Source »

...don’t want to get to the point where every good thing becomes a checkoff on the termbill,” Gross said...

Author: By Anton S. Troianovski, CONTRIBUTING WRITER | Title: Wind Power Referendum Sails On | 12/10/2004 | See Source »

...30th birthday, he became the first Senator preceded in the chamber by both parents: the legendary Huey P. Long and Rose McConnell Long. A master of procedural rules and tax arcana, he was responsible for, among other things, the earned-income tax credit and the $1 taxpayer checkoff box to fund presidential campaigns...

Author: /time Magazine | Title: Milestones May 19, 2003 | 5/19/2003 | See Source »

...race over the past two elections. Candidates can get as much as three times the initial amount if they're being outspent by opponents or attacked by outside groups. The cash, about $1 million this year, comes mostly from a legislative appropriation, plus a state income-tax checkoff. The law also sets $250 contribution limits for traditionally funded candidates...

Author: /time Magazine | Title: Small-Money Politics | 11/4/2000 | See Source »

...schemes that may result from the Supreme Court's upcoming ruling would bring chaos to termbills, all in the name of suspicious free-speech claims. I share the Wisconsin students' aversion to thought control, but the special character of university student life may demand a more sophisticated response than checkoff programs...

Author: By Adam R. Kovacevich, | Title: Subsizing Dynamism | 4/5/1999 | See Source »

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