Campaign Finance Objective: To better understand campaign finance and its influence on political campaigns November 13, 2014

Slides:

Advertisements

Similar presentations

The Federal Election Commission and campaign finance Regulation

Advertisements

Interest Groups and the Political Process Post-Citizens United

Money and campaigning.

Interest Groups and the Political Process Post-Citizens United

Primary Elections Lecture 6.7. A.A primary election is an election in which voters decide which of the candidates w/in a party will represent the party.

Campaign Finance. 1972/1974 Federal Election Campaign Act (FECA) Creates the FEC –federal election commission to regulate, oversee and enforce campaign.

ISSUES Contributions: From what sources does money come? Where does it go? Should amounts be controlled? Expenditures: What can different “players” in.

THE CAMPAIGN PROCESS Chapter 12 O’Connor and Sabato

Campaign Finance Reform. Federal Election Campaign Act (1974)  FEC created  Contributions disclosed to FEC  Limit on campaign contributions  Public.

Campaign Finance. Why is money necessary to political campaigns? Why is money in campaigns problematic for representative democracy? Can we restrict money.

Campaign Financing Cost of Modern Campaigns Campaign Reform Legislation Post-Watergate Reforms (FECA) Bipartisan Campaign Reform Act (BCRA) Sources of.

CAMPAIGN FINANCE. MONEY Politicians need money to win elections election cost over $1.1 billion!

Campaign Finance & Reform AP GoPo. Court Cases Research the following court cases and record the 5 W’s (who, what, where, etc.) and the outcome – Buckley.

Financing Campaigns. Running for office is very expensive; for example, presidential candidates spend about 1 billion dollars each in the 2012 election.

* Independent Expenditures – spending by political action committees, corporations, or labor unions to help a party or candidate but done independently.

* A committee set up by a corporation, labor union, or interest group that raises and spends campaign money from voluntary donations. * PAC must give.

Election Reform and Campaign Finance Reform. I. The Primary Process A.Major criticism has been directed at the media hype of the Iowa Caucus and the New.

Campaigns Campaign Organization Reaching Voters: Campaigns and Media Negative Campaigning Campaign Financing Euroquest Travel Grou.

 Presidential Primaries  Part private, part public money Federal matching funds for all individuals’ donations of $250 or less (incentive to raise money.

Campaign Finance Or how can I raise $250 million to run for president?

Incumbents and Elections Free speech and Campaign Finance Reform.

What Determines Elections? Linkage Institutions #4.

 Presidential Primaries  Part private, part public money Federal matching funds for all individuals’ donations of $250 or less (incentive to raise money.

Unit II Election Process.  FEC – Federal Election Commission  BCRA – Bipartisan Campaign Reform Act  Buckley vs. Valeo  Citizens United vs. FEC 

Campaign Finance Reform Objective: Assess info on campaign finance reform and draw conclusions as to: 1)the constitutionality of various reforms, and 2)the.

Campaign Finance. Corrupt Practices Act First passed in 1925First passed in 1925 Limits primary and general election contributionsLimits primary and general.

NOMINATIONS AND CAMPAIGNS CHAPTER 8/10. THE NOMINATION GAME Nomination:  The official endorsement of a candidate for office by a political party.

Money and Elections Chapter 7 Section 3.

FIRST STAGE IN PRESIDENTIAL ELECTION PROCESS – CAUCUSES AND PRIMARIES Types of primaries: Closed Semi-closed Open Blanket (invalidated by Supreme Court)

Campaign Finance How to fund a race for government office.

Money and Elections. Strategies to prevent abuse in elections Impose limits on giving, receiving, and spending political money Requiring public disclosure.

Campaigns The Message and the Money. The Media and Campaigns Campaigns attempt to gain favorable media coverage: Isolation of candidate (Biden, Palin)

 Presidential Primaries  Part private, part public money Federal matching funds for all individuals’ donations of $250 or less (incentive to raise money.

Sources of Campaign Money Presidential Primaries Part private, part public money Federal matching funds for all individuals’ donations of $250 or less.

Campaign Finance The connection between money and the elections.

Campaign Finance Unit 4: The Electoral Process. Some terms to start FECA – Federal Election Commission BCRA – Bipartisan Campaign Reform Act Hard money.

Money and Campaigning American Government. FEC  In 1974 Congress passed the Federal Election Campaign Act  This act was passed in response to illegal.

Copyright © 2014 Cengage Learning CAMPAIGNING FOR OFFICE Chapter Ten.

Campaign Finance Sources of Campaign Money Presidential Candidates –Private Donors –Federal Government Congressional Candidates (& all other) –Private.

Summary of the Rules Governing Campaign Financing The New Rules of the Game.

Campaign Financing. Major Issues How much can candidates raise How much can donors contribute How does the government influence campaign spending How.

Campaign Finance The connection between money and the elections.

MONEY AND CAMPAIGNING. REVIEW What do PACs do? Electioneering Give money to candidate, help get elected = Once elected, support policies or political.

Campaign Finance. $8.29 per MN resident Over 1 Billion dollars spent on 2008 presidential race 2012: $2.3 Billion by registered groups $4 Billion.

Interest Groups and the Political Process Post-Citizens United

Interest Groups and the Political Process Post-Citizens United

Hard Money: Federal Election Campaign Act (1971, 1974) – increased disclosure of contributions for federal campaigns and 1974 amendments placed legal.

Interest Groups and the Political Process Post-Citizens United

Money in Elections and Improving the Election Process

Campaign Finance 527, PAC, SuperPAC ads fec

Interest Groups and the Political Process Post-Citizens United

Interest Groups and the Political Process Post-Citizens United

Interest Groups and the Political Process Post-Citizens United

Getting your money to the end zone.

Interest Groups and the Political Process Post-Citizens United

Unit 2: Pol. Beliefs, Behaviors & Unit 4: Institutions

Interest Groups and the Political Process Post-Citizens United

Interest Groups and the Political Process Post-Citizens United

Money and Campaigning The Maze of Campaign Finance Reforms

Election Reflection What role did you play in the election. How did you contribute to the goals of your team? How did other members of the team contribute?

5-2: Presidential Campaigns and Elections

ISSUES Contributions: From what sources does money come? Where does it go? Should amounts be controlled? Expenditures: What can different “players”

Election Reflection What role did you play in the election. How did you contribute to the goals of your team? How did other members of the team contribute?

Campaign finance.

Interest Groups and the Political Process Post-Citizens United

Campaign Finance Reform

Caucus Reflection What do you like/not like about using a caucus as a way to pick candidates? How did you attempt to influence voters to caucus with your.

Interest Groups and Campaign Finance

Presentation transcript:

Campaign Finance Objective: To better understand campaign finance and its influence on political campaigns November 13, srv/special/politics/campaign-finance/

I. Federal Election Campaign Acts, Established FEC-regulate elections 2.Candidates-disclose?? 1.Must disclose contributions $ expenditures 3.Pres. candidates-receive fed. Subsidies (tax check-offs) 4.Accept fed. Money=spending limitations… 5.$84 million in 2008 general election (McCain excepted/Obama did not – first major candidate to not accept) 1.Must raise at least $5,000 in 20 states

I. FECA 1971, 1974… Contribution limitations: –$1000 per candidate, per election –PACs: $5000 per candidate, per election, no overall cap II. Effects of Buckley v. Valeo (1976) –Court upheld limits on campaign contributions –Courts struck down limits on the amount individuals could contribute to their own campaigns(1 st amendment-free spend) –Perot-$60 million 1992 –Romney-$44 million 2008

III. Campaign Reform Act, 2002 (McCain- Feingold Bill/BRCA) Regulates soft money to NATIONAL political parties (Soft $=???) –Soft Money =undisclosed, unlimited donations to parties for party building activities (Now all money to the parties is regulated and capped by the FEC) Limits soft $ to STATE political parties-$10,000 (restricted to): –Voter registration, get out the vote drives Doubles “hard money” to $2000 (goes up with inflation-$2600 in 2013/14) –Hard Money =disclosed, limited donations to candidates No change on PAC limits ($5,000)

IV. Citizens United v. FEC, 2010 BRCA  banned corps/unions from “electioneering communications” –60 days of gen. election and 30 days of primary (unions/corps.) SCOTUS ruled: –Allowed corps/unions to air ads explicitly supporting or opposing a federal candidate (ISSUE ADVOCACY ADS WERE BANNED FROM DOING THIS PRIOR) –Eliminated the bans on electioneering communications –Kept rule that bans corps/unions from donating directly to candidates –Can say vote for or against THEREFORE…SUPERPACS super-pac---not-coordinating-with-stephen-colbert pac-ad-mitt-ripper

V. Analysis 1.No subsidies for congressional campaigns  incumbency advantage 2.Minor parties  5% of pop. Vote in previous election in order to receive subsidies 3.Parties are weakened even more  Candidate centered campaign vs. party centered campaign ($ goes to candidate) 4.Growth of PACs and candidate dependency 5.Cost of campaigning has risen (MEDIA – 250,000 to over 3 million for Super Bowl) More time spent fundraising

V. Analysis 6.No limitations on independent expenditures 7.“527s”  engage in political activities, receive unlimited contributions, spent on voter mobilization and issue advocacy ads, no money to candidate (CANNOT SAY VOTE FOR OR AGAINST) 8.PACS  engage in political activities, contributions to candidates are limited, can be given to candidate (Realtors PAC), report to FEC (CAN SAY VOTE FOR OR AGAINST) 9.SUPERPACS  engage in political activities, contributions cannot go to a candidate, contributions from individuals are unlimited, report to FEC, (CAN SAY VOTE FOR OR AGAINST) word---let-freedom-ka-ching