Campaign Finance (AQA A-Level Politics): Flashcards

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Campaign Finance
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Total 2020 US election spending

$14 billion

Hard money definition

Funds contributed directly to candidate's campaign

Max individual donation per candidate per year

$2,800

Soft money definition

Money spent indirectly to promote/attack candidates

Max PAC donation per candidate

$5,000

Bipartisan Campaign Reform Act year

2002

McCain-Feingold Bill

Another name for BCRA (Bipartisan Campaign Reform Act)

Citizens United v FEC (2010) impact

Removed restrictions on independent political spending

Super PACs legal requirement re: campaigns

Must not formally coordinate with candidate's campaign

PAC spending ratio: business vs labour groups

7:1

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