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History Of Campaign Finance Reform

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Campaign finance reform is a movement in the United States to help change the involvement of money in American political campaigns (Boundless, 2015). “ Throughout the history of campaign finance reform, three main areas have consistently been the target of regulation: contributions, expenditures, and advertising. Over the years Congress has instituted limits on how much individuals or organizations may contribute to federal campaign committees and political groups, how much campaign committees may spend during the course of an election, and how much money might be used for advertising expenses during a campaign” (Smith, 2010). To help limit contributions, expenditures, and advertising Congress has passed laws which are known as campaign finance …show more content…

FECA limited how much candidates could spend on media publicizing (Williams, 2010). The law also confined the amount of money a competitor could contribute to his own campaign (Williams, 2010). Federal Election Campaign Act also tightened disclosure laws, constricted donations from enterprises and unions, and set in motion the idea of political action committees also known as PACs (Williams, 2010). PACs are interest groups that raise money for a candidate or party that they favor in a election (Trautman, 2015). The Federal Election Campaign Act limited individuals in 2015-2016 federal election to donate only 2,700 dollars per election to candidate committees and 5,000 dollars per election to PACs (fec.org). It also limited candidate committees donors to only donate 2,000 dollars per election to candidate committees and 5,000 dollars to PACs per election (fec.org). In 1974, Congress passed revisions fortifying FECA (Williams, 2010). The federal court case of Buckley v. Valeo 1796 challenged the Act as disregarding the First Amendment (Williams, 2010). The Supreme Court ruled that expenditures were limiting free speech for a candidate and this it was in fact disregarding the First Amendment (Williams, 2010). Buckley v. Valeo was a lawsuit between Republican Senator James Buckley and Democratic Senator Eugene McCarthy against …show more content…

The Tillman Act of 1907 prohibits money contributions to political campaigns by partnerships and national banks (Profile: Tillman Act, 2015). The Act was ignored by loopholes that the citizens and corporations found (Profile: Tillman Act, 2015). The Federal Corrupt Practices Act (FCPA) of 1910 expands on the Tillman Act of 1907 (Profile: Tillman Act, 2015). The FCPA expands on the Tillman Act by establishing limits on how much campaigns can spend on US House election campaigns (Profile: Tillman Act, 2015). The Act additionally requires knowledge of all monies spent and contributed during federal campaigns (Profile: Tillman Act,

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