Retirement Funds

We've talked briefly about the importance of retirements in the process of incumbent exit from Congress. But we know it's really all about the Benjamins. So what happens to all of that campaign contribution dough that an outgoing incumbent has balled-up in a war chest? From Roll Call, we learn that While a retiring member of Congress is allowed to use the money for charity or save it for a potential future campaign, much of the money ends up with their co-partisan legislators and their parties' campaign committees.

Of course we'll be talking more about retirements and money in congressional campaigns later in the semester.