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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 ".
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 ...
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 ...
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 ...
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 quarter. Summaries of these reports are made available to the public shortly thereafter, revealing the relative financial situations of all the campaigns.
America desperately needs a constitutional amendment to control dark money in our political campaign system.
In response to the Occupy Wall Street protests and the worldwide occupy movement calling for U.S. campaign finance reform eliminating corporate influence in politics, among other reforms, Representative Ted Deutch introduced the "Outlawing Corporate Cash Undermining the Public Interest in our Elections and Democracy" (OCCUPIED) constitutional amendment on November 18, 2011.