76080201

NEWS FROM...

FEDERAL ELECTION ©
COMMISSION

1325 K Street, N.W.,Washington, D.C. 20463

DAVID FISKE
‘SUSAN TIFFT
(202) 382-4112

RELEASE: 12 NOON, TUESDAY CONTACT:
SEPTEMBER 21, 1976 ‘

FEC ISSUES PRESIDENTIAL
CAMPAIGN FINANCE SUMMARY --

UNVEILS NEW COMPUTER SYSTEM

WASHINGTON - September 21 - The Federal Election Commission today issued a consolidated
campaign finance report on Presidential candidates indicating that a total of $77,875,647
was reported as campaign expenditures by all Presidential candidates during the January |

1975 - August 1976 primary and pre-nomination period.

The FEC report, ac-ompanied by a 126 page computer print-out, was released during
the public unveiling cf a new FEC computer system that will be used for consolidating and

analyzing federal campaign finance data.

The report indicated that Democratic candidates and their campaign committees reported
$42,408,755 in receipts and $42,806,339 in total expenditures, that Republican candidates
and their campaign committees reported $32,475,977 in receipts and $29,986,245 in total
expenditures, and that other candidates reported $660,632 in receipts and $772,288 in total
expenditures duriag the 20-month period. The report also indicated that the 15 candidates
receiving federal funds spent $52.1 million in net campaign expenditures subject to
limitation. .

FEC Chairman Vernon W. Thomson said, "The new FEC computer system will for the
first time make available extensive summaries and analysis of federal campaign finances
prior to the November election. In the past, this kind of data has only been developed

long after the elections are over."

He said, “Our computerized data indicates that the FEC is monitoring and auditing
more than $100 million in connection with the primary and general elections of the
Presidential race alone. This new computer system will assist the FEC in its audit and
enforcement tasks. It will also be of invaluable assistance in aiding public disclosure."

"In addition to regularly providing comprehensive computer print-outs like the first
one issued today, we also have available a special computer terminal in our Public Records
Office which is available to the public and the press for selective inquiry of particular
information," Thomson said. .

The finance summary released today on Presidential candidates is based on the
campaign finance reports as submitted by the candidates and their political committees.
Adtuctmente hove not bec. 0 fur cranslezs between condidates aad committees, loans and
loan repayments, unsettled campaign debts, or verification by FEC audit. The figures are
based on total figures as reported by the candidates and their committees, and should be
regarded as indicators of the total flow of money in a campaign, not necessarily as a net

campaign cost. .

In addition to today's first Presidential summary report, the FEC plans. to release .
at a later date, reports on the financial activity of multi-candidat pecial ‘interest. ~
groups, and of contributors to the Presidential campaigns. Reports ‘or ressional 7
campaigns and the Presidential general election will be issued in 1977..;° Bo ee

-30-



695

o
nN
°
©
2
Re)
N

“soxopUy J9jNdWOD Yj UT BBP OY} Jo UONBOITIAA YITM paused
suod st dnou8 piryy y ‘padnoig Ayoarios are soyepipues puy sdayyturWoD yey) amnsua pue ‘sroquiNU

 UONBOYHUAP! USIsse 0} ‘oAlE Ady UOYM SJUdUINDOP AUP! 0} WED} e sopNjoUT soyJo oI) qyeqs

Anus wep oy} 0} UONIPpe UT ‘potad uoNsIa JeIoUES yBod ayy 103 aw Ul weIgold ay JUoWo|dutt
0} porry sooAojdure Arerodure, be TeUOHIppe ue IWIM BT JO 338}s juoueuad & sey 201330 Joyndw0D ouL

. *asn o1qnd 10j a[quyreas sf pus.siajzenb
“Peay Dad J SOYJO Splod9y oNGng OY} UE payEdoy SI speUTULID, esouy Jo aUQ “uORRULIOJUT sefNoTIEd
Jo Axnbuy eayosjes 10y Moje yor sjeuruue, Asmmbut oy oe a1oy} ‘uOHIppe uy ‘eJep sJoynduroo
dy} JO synojuLd poyep-dn payepyosuos opyaosd AysepnBor | yoru ‘omnutur sod soul] OOO SuNUUd
JO ojqudeo soyutid paads ysry B 0} ut sousod UO}UTYSEMA 0} YORG [EIIWISUBI], “YSU Ar0AD payepdn usyy
SE sHasnyoessey Ut JajnduOd oy} UT oseq BIEP OY] “WYsIU pue Asp Supjiom sys9[9 AsjUa eye Jo sygiys
omy Aq pajyers ore osoyy 'ejep SulZazUe Joy syfun Avjdsip copia Arjue wep (LYO) usp sopnjour syozrenb
~peoy Dad 38 quauidinbs oy, “syyesnyousseW puv “D’q ‘uOSuTYseA UIEMI9q SOUT] auOYde[a} poads
yay Aq parytusues; st eyep pur ‘ooxurerg Uy poyedo] Sf JJoS}T JoyNdutOD oY, ‘syjasnyoesseyy ‘preUAEYY
Ur ‘uoneiodiog yuowdinby [ey13Iq 941 Aq popyAoid QI-ddd OA 8 St quoudinba oy} ‘syjosnyoussey
‘sonuterg Ul ‘uoeodIo saoualg SANOBIOJUT YYIM JOR UCD UT DAY ayy Aq padojessp sem
woysAs ay, “sodas Jo ouINJoA yOI3 OY} a[pueY 0} JoJULId poads YysIy B snjd ‘Ayyiqedeo Arnbur auy-uo
Pue Anju eyep ouy-uo yyoq sey uo|sstwMIOD UOHODIA [e1Opa, 94} Aq pesn Butoq usoyshs 1oyNdw09 ayL,

WALSAS UALNdWOD Odd



Re)
o
Ne)
Q
Nw
a
oe]
a
so

7

*sUOTIOD{O [eIOPIy
JO Sujoueuly 94} UO o[qeITeAe SuyuO9eq MOU EJep Jo yUNOUTE yseA OY} JNOGE
SUO|snjoUOD MeEIP pu ozAleUR ‘JOo[as A[[pEor 0} aIqQISSOd yf oYBUE PnoYs
syodas asoy, ‘ssooord jeorjtod ay) uo sioyorwesal se [fam SB oTqQnd jeroues
94) 03 J1JOUAQ Jo 2q [IIH Saltag aNsOpsIG Da Sty) Sedoy uorsstuUIOD o4L

“uiayss saynduiod aq ay} Aq pozes9Ued soxopul ayy UO paseg ‘sol0g
aInsojosi| Daa OU) UF ISITJ OU} St Oder SIYT, ‘wHI0y ‘wWIOI9IU Jo poyuLTd UT
SIQUIEAE 9q ][1M pue Byep oy) Jo sisAjeue AreWUINS B pue XepUT UL Jo Adoo
payutsd & apnyour [im yodas paysyqnd yore ‘onqnd ayy 0} uoyNquysip
Joy odes paysiiqnd & ut payerodioout aq [IIM Xepuy yee ‘puovas “oq
ay) IB SplOd9y ONIGN_ JO 29133 94} UE ynoyULd Joynduroo B Jo WHOS 94)
Uy a[Qu{TeAe puk siseq A[fep B UO payepdn oq []IM XOpUT You “ysIT.y ‘sULIOJ
OM} UT OIQETTeAB apeur 9q [IM BJep SIY3 Tupeplfosuoo soxepuy snopea ony,

“Apyoinb ojqnd ay} yoeor ued uoWeUOsUy sty} AjjULIOdUIT jsoWy
*SayepIpuvd JO JTeyoq UO saa}zTWUOD puUe sjenplAIpul Aq sainjipuadxo
juopuadapul pure ‘saaiuui0d pue sayepipueo o1toads 0} suornqiyUu0.
1210} YIM ‘s1OyNQLUOD ‘sajzepIpueD Jeepag oIJIoeds yo yoddns ut sdnosd
ysorajuT jeloods Jo AyAyjoe oy} Sudjedureo s,oyepipueo yora jo suroueuly
dy) Jo amnjoid Areuuins v dojeasp 0} a[qissod yt oyeuL [IM Jaynduioo oy.L
“eyep JO siskjeue pus UCHepyOsuod pidez Joy «moje pue ‘sjusunoop 94}

WO} UOTBULIOJUT B10} [ITM YOIY ‘U9}sAs Jojnduos Mau B Sunuowejdur
S} pue pousisop sey Oxy OY) ‘uoryseY Afowy B UT aiqepeAe syrodar pue
SOXOPUT 959Y} SALUT 0} PUB SJUBUINIOP Jo aUINJOA sf4) aTPUBY 0} JopIO' Uy

“sjUawWar|Nber ainsojo
“SIP J}9Y} Our 0} Uyedured UMO Jey) UO UO;EJUDULNDOp Jo saBed QOO'E
JoAO Poy Apvore oaey soyepipuvo [eUapIsoly oaty ‘foAoq jUnplAlput our
UQ ‘seded UOT IU B JaA0 BuTJUasaidas sjusUINDOP QOO'OOI all 0} pasoadxa
GIB soazzIUIUIOD JeoNYod QOS‘, pus soyepipues jesopey oos'z ‘used
“WED O16] 94} JO, ‘asn WNUTXBUT JO 9q UBD jf Jey} OS BJEp 94} azEBWUINS
ue oJepyosuod 03 Moy pur ‘orqnd 43 0} 9[QIsseD9R Aipear yep 9y) ayeUT
0} Moy Jo UOHsenb zB pastes sey syUdUUNIOP asoy} JO OtUNJOA sNOWOUD BY L

“BYBP OY} 9OUATAJar ssosO PUL oJEpyOSUID YoIyM Sodas pue
Saxopur jo ApopeA B Ysyqnd 0} pasinbar st Oyy ey) ‘:o;Ippe uy ‘aseyound
JO MOJAOI JOJ OIQUTIwAL are sajdoo wOXOTU pue Jaded yjog *ysonbas lew
Aq Jo stoyrenbpeay Og 38 Jayy!9 ydiooar Jo sinoy gp UTM sodas [eB 03 -
ss9008 JOaNp sey O1qnd 94} days ysiy B SY ‘o[Qnd oY: 0} o[qeyIeAe syrodox
@SOY} OYLUL 0} ParNbar st UOIssIWUWOD UONoeAIT [es psy oy} pue ‘siseq
Apeyenb Jo AtyuoU e uO AWATJOR jRIOURULY JTAYyI rsO[OSIP 0} parInbax
ore udjeduied Jeepag & SUTOUBUTY UT PAATOAUT s[eNpIA:pUT PUB sadzjTWUIOD
‘soyeprpueo [[e ‘syuowpuowy Joy usIedwieD UONoaI;; JeJepeg ay) JopUuy

WALSAS SUNSOTOSIG O54