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Diagram by the Sunlight Foundation depicting the American campaign finance system. The financing of electoral campaigns in the United States happens at the federal, state, and local levels by contributions from individuals, corporations, political action committees, and sometimes the government.
Campaign finance laws in the United States have been a contentious political issue since the early days of the union. The most recent major federal law affecting campaign finance was the Bipartisan Campaign Reform Act (BCRA) of 2002, also known as " McCain - Feingold ".
Money raised is applied for the salaries of non-volunteers in the campaign, transportation, campaign materials, media advertisements and other contingencies. Under United States law, officially declared candidates are required to file campaign finance details with the Federal Elections Commission (FEC) at the end of every calendar month or ...
SCHOUTEN: We really don’t have the full picture of legal expenses from campaign finance reports. Senior advisers have told CNN that Trump is paying some of his legal expenses out of pocket , for ...
According to FEC filings, Menendez’s campaign paid more than $2.3 million to five different law firms in the last quarter of 2023 in the wake of his September indictment (campaign expenditure ...
Over the years, this tiered approach has led to many campaign finance laws being upheld, including contribution limits and disclosure laws, and others struck down, like the limits on independent ...
The FEC was established in 1974, in an amendment of the Federal Election Campaign Act (FECA), to enforce and regulate campaign finance law. [7] Initially, its six members were to be appointed by both houses of Congress and the president, reflecting a strong desire for Congress to retain control. [7]
President Nixon claimed that the Political Broadcast Act did not sufficiently limit campaign expenditures, noting that it "plugged only one hole in a sieve." [ 4 ] This bill was an attempt to regulate election spending, but despite having the necessary membership to override the veto, Senate Democrats did not pass the law without the President ...