soft money – Flashcards
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soft money
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money donated by corporations and unions directly to *political parties*- "vote democrat" not "vote clinton"
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corporations, unions, and trade groups are prohibited by law from
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donating directly to *candidates*
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in the past, they have been able
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to make unlimited soft-money contributions
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Bipartisan Campaign Act (BCRA) aka the McCain-Feingold Act
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made it illegal for parties to raise and spend soft $
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McConnell v. FEC
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upheld the Bipartisan Campaign Act (BCRA) aka the McCain-Feingold Act
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Citizens United v. FEC
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groups can fund political actions = free speech. (but cannot endorse or coordinate with specific candidates). this created Super PACs: committees that raise unlimited sums of money from corporations, unions, and individuals but is not permitted to contribute to or coordinate directly with parties or candidates.
