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Campaign Finance Reform

Campaign Finance Reform. A. 1970s – Federal Election Campaign Acts (FECA). Created Federal Election Commission (FEC) to watchdog campaign spending. Interest Groups must form Political Action Committees (PACs) to spend on campaigns. A. 1970s – Federal Election Campaign Acts (FECA).

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Campaign Finance Reform

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  1. Campaign Finance Reform

  2. A. 1970s – Federal Election Campaign Acts (FECA) • Created Federal Election Commission (FEC) to watchdog campaign spending. • Interest Groups must form Political Action Committees (PACs) to spend on campaigns.

  3. A. 1970s – Federal Election Campaign Acts (FECA) • Established limits on “hard money” contributions. • Individual Candidate $1000 (primary) $1000 (general election)

  4. A. 1970s – Federal Election Campaign Acts (FECA) • Interest Group Candidate $5000 (primary) $5000 (general election) • Lots of small contributors instead of a few big ones.

  5. A. 1970s – Federal Election Campaign Acts (FECA) • Loopholes: • 1) Rich Individual candidate. • 2) “Soft Money” Political Parties. • 3) Independent Expenditure Ads.

  6. B. McCain-Feingold Act (2002) • Formal Name: Bipartisan Campaign Reform Act (BCRA) • Individual Candidate $2000/primary $2000/general election (Indexed for inflation.)

  7. B. McCain-Feingold Act (2002) • 1) Millionaire’s Amendment. Higher contribution limits for opponents of rich, self-funded candidates. • 2) Individual Political Party $ 25,000/year

  8. B. McCain-Feingold Act (2002) • 3) Blackout periods on Independent Ads: -- 30 days before primary. -- 60 days before general election. • Only “hard money” ads allowed.

  9. C. Court challenges to BCRA • McConnell v. FEC (2003). • 5-4 decision w/ Sandra Day O’Connor as swing vote upholding BCRA.

  10. C. Court challenges to BCRA • Roberts/Alito Court: • FEC v. WRTL. • Davis v. FEC. • Citizen’s United v. FEC. • RNC v. FEC.

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