Description
Read the following articles and be prepared to write your opinion. Based on these articles and your readings for the week, analyze the future of political fundraising in the U.S. Is there a need for further campaign finance reform? If so, what steps should be taken? Is strengthening the FEC the answer? Some argue that PAC contributions, which have been limited to $5,000 for many years, should be indexed to inflation. Others believe the growth of SuperPACs and IEs have corrupted the system, while others believe campaign spending is Free Speech (such as the Supreme Court). Can political parties still compete with outside spending groups?
- Petition: Join Ben & Jerry's co-founder Ben: Get Big Money Out of Politics!
- Politico's "Gay donor: Gay rights not 'inevitable'"
- The New York Times' "Koch Brothers' Budget of $889 Million for 2016 Is on Par With Both Parties' Spending"
- The New York Post's "The Koch brothers strike back"
- The Washington Times' "George Soros funds Ferguson protests, hopes to spur civil action"
Explanation & Answer
Attached.
Running head: CAMPAIGN REFORMS
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Campaign Reforms
Institution Affiliation
Date
CAMPAIGN REFORMS
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Introduction
In America political campaigns have resulted in being very expensive and disagreeable to
the people of the states. It is one of the major origins of people conflicting with each other thus
many of the promoters of the funding limits conclude that corruption in the campaigns is caused
by the wealthy benefactors and companies which have too much influence in the polls. These
reforms are implemented to control the amount of money that is involved in the political
campaign thus to make the election that taking place and limiting the effect of wealthy people
and corporations (Stephanopoulos, 2015).
The future of political fundraising in the US
The Supreme Court acknowledges that enabling unlimited contribution can lead to
corruption in the election thus the implementations of the limits to the contributors who are
involved in the election. Each of the states has different limits of the individuals and the political
parties. These rules apply are applied differently to the non-party or outsider such as the PACs
thus allowing them to contribute directly to individuals up to $5000. When a political action
committee is to use the entire fund independently the limiting rules don’t apply to such groups
which are now known as the super PACs. This enables such groups to receive contributions from
all over without restrictions. Due to this most of the super PACs will spend more contribution
than the federal...
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