Untitled document-4.pdf - I Money and PACS A Money 1 One of less effective ways of interest groups to advance cause a Not always the case b Campaign

Untitled document-4.pdf - I Money and PACS A Money 1 One of...

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I. Money and PACS A. Money 1. One of less effective ways of interest groups to advance cause a) Not always the case b) Campaign finance legislation in early 1970s changed (1) Restricted amount (2) Made PACs legal (political action committees) B. PACs 1. Grew rapidly a) 40% growth from little more than a decade (1) 4,000 to 5,700 b) Expansion of leadership and super PACs (1) Media attention 2. Leadership PAC a) Headed by member of Congress who raises money (1) Nancy Pelosi b) “nonconnected PACs” (1) Can solicit contributions from the general public 3. Super PAC a) Independent expenditure-only committee (1) George W Bush 4. Most are connected a) Particular corporation, labor union, trade association, or member organization b) Can only solicit funds from individuals of said organization. c) Top 10 along combine to give millions of dollars a year to their choice of candidate. (1) Still strict limits (a) member - $5000 per election 5. Where does it go?
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  • Spring '18
  • Political action committee

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