Media and Power - Public funding of Elections Federal...

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Public funding of Elections Federal Election Campaign Act of 1979 Hard money-money that goes directly to the candidate and is regulated and bound by law Soft money-controversial, banned in 2002, used for party building, does not go directly to the candidates goes to the party, up until 2002 had no regulations at all; in 2000 both parties received at least 1 Billion dollars each in soft money Party building-voter registration drives, advertising for a political party, advertising for specific issues Campaign Finance Reform Act of 2002- McCain v. Feingold- passed by congress signed by president and upheld by the supreme court. 1.bans soft money-at the national level not at the state level, restricts money raised at the state level from being used at the national level. 2.changes the limits on donations for individuals, restricts donations to 2,000 dollars per candidate per election cycle (every 2 years). 3.bans solicitation of campaign donations while on federal grounds
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This note was uploaded on 04/16/2008 for the course POLS 2305 taught by Professor Raulston during the Spring '08 term at University of Texas-Tyler.

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Media and Power - Public funding of Elections Federal...

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