Campaign financing Chapter 17. Costs 2008 Presidential Election- Costs were 1.784 billion. Candidates spend money for primary and general election. Money.

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Presentation transcript:

Campaign financing Chapter 17

Costs 2008 Presidential Election- Costs were billion. Candidates spend money for primary and general election. Money spent for TV Spots, internet ads, appearances. Travel, campaign staff, etc.

Finance Laws 1970’s try to eliminate illegal, secret contributions- Nixon, LBJ/”Fat Cats” Federal Elections Commission(1974)- independent agency that regulates amounts given to candidates and party. 1,000 per candidate and 5,000 per party/committee. 25,000 per year.

Current laws 2002 Bi-partisan Campaign Finance Reform Act 1. Soft Money- Given for general purposes, voter drives, ads, party mailings- $2,000 per individual. 2. Unions and corporations were banned from issue ads of a candidate for up to 60 days before an election. 3. Web Sites that cost $ or more are regulated by the FEC.

Changes? Questions? What changes would you like to see to campaign funding/financing.

Chapter 17 Study booklet. Create a study booklet that shows understanding of the following areas: 1. Campaign finance 2. Expanding Voting Rights 3. Influences on Voters.

17-1: Election Campaigns I. Electing the President A. Electoral votes and states B. Campaign Strategy C. Campaign Manager D. TV E. Internet What should you know? Why is it important?