Search results
Results from the WOW.Com Content Network
Over the decades it has risen much faster. Jane Mayer notes that in 1972 a $2 million dollar political donation by an insurance magnate (by W. Clement Stone to Richard M. Nixon) in 1972 "caused public outrage and contributed to a movement that produced the post-Watergate reforms in campaign financing".
Campaign finance – also called election finance, political donations, or political finance – refers to the funds raised to promote candidates, political parties, or policy initiatives and referendums. Donors and recipients include individuals, corporations, political parties, and charitable organizations.
Anonymous contributions over $100 were also banned, as well as mandated extensive campaign disclosure information to promote transparency surrounding donors to political campaigns. The Political Reform Act also enacted laws to minimize incumbent advantage, like prohibiting mass mailings as a public expense.
Citizens United v. Federal Election Commission, 558 U.S. 310 (2010), is a landmark decision of the United States Supreme Court regarding campaign finance laws, in which the Court found that laws restricting the political spending of corporations and unions are inconsistent with the Free Speech Clause of the First Amendment to the U.S. Constitution.
A publicly funded election is an election funded with money collected through income tax donations or taxes as opposed to private or corporate funded campaigns. It is a policy initially instituted after Nixon for candidates to opt into publicly funded presidential campaigns via optional donations from tax returns.
While a significant amount of campaign donations come from Political Action Committees, small donations can make a difference in their fundraising efforts, especially for candidates who reject PAC ...
Public campaign finance reports and other documents obtained by the Pennsylvania Capital-Star show McClelland received donations and spent money on campaign expenses after announcing her candidacy ...
Fundraising plays a central role in many presidential campaigns, and is a key factor in determining the viability of candidates. Money raised is applied for the salaries of non-volunteers in the campaign, transportation, campaign materials, media advertisements and other contingencies.