Campaign Finance - PowerPoint PPT Presentation

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Campaign Finance

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Federal Election Campaign Act (FECA) What is the important political event that provides context for this case? Watergate What was the decision in the case? – PowerPoint PPT presentation

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Title: Campaign Finance


1
Campaign Finance
  • October 21, 2004
  • The first day in the post-curse era of Red Sox
    baseball!

2
Buckley v. Valeo (1976)
  • Who was Buckley and why was he suing? Senator
    from NY
  • Which law was targetted? Federal Election
    Campaign Act (FECA)
  • What is the important political event that
    provides context for this case? Watergate
  • What was the decision in the case?

3
Buckley decisionkey elements
  • Distinguishes between contributions and
    expenditures regarding 1st Amend.
  • Expenditures are more like pure speech, shouldnt
    regulate
  • Contributions are less directly speech, more
    likely to raise perception of corruption or quid
    pro quo, some limits OK
  • Money Speech

4
Bi-Partisan Campaign Reform Act (aka
McCain-Feingold)
  • S.Ct. upholds in January 2003 (McConnell v. FEC)
  • RehnquistWith two relatively minor exceptions,
    the entire statute is constitutional. 5-4,
  • Lots of folks suggesting this infringes on 1st
    Amend. Rights, Scalia, sad day for freedom of
    speech

5
Major provisions of McCain-Feingold (BCRA)
  • Bans all soft money contributions to national
    political parties
  • Bans corporations, trade associations, and unions
    from paying directly for electioneering
    communications within 60 days of a general
    election or 30 days of a primary
  • Increased limits on individual hard money
    contributions

6
Still to come
  • Possible regulation of internet based advertising
    (currently exempt)
  • Possible regulation of anonymous donations
  • Possible circumventions
  • Own your own news outlet (NRA)
  • 527sunlimited money by advocacy groups as long
    as no coordination with a candidate
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