have all unspent campaign contributions allocated to the general budget at the end of each and every election cycle.

At the end of each election cycle, some candidates retain a substantial amount of money to help fund subsequent campaigns. Allocate all surplus monies to the general fund. This would put all candidates, new and existing office holders on equal footing at the beginning of the election cycle, help reduce the deficit and debt. Currently rules for surplus campaign monies depends on the states that the money is raised. Google : campaign warchest for various stories concerning monies held over by candidates.