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Political Candidate Funding
How and where the candidates get their money.
17
Political Studies
12th Grade
11/03/2009

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Cards

Term
Political Action Committee (PAC)
Definition
A private group, regardless of size, organized to elect political candidates. Legally, what constitutes a "PAC" for purposes of regulation is a matter of state and federal law.
Term
hard money
Definition
Money any person or group can give to an individual candidate or party, but there are limits.
Term
$25,000
Definition
Amount of hard money a corporation or an individual can give to a party.
Term
$5,000
Definition
Amount of hard money a PAC can give to a candidate.
Term
$2,300
Definition
Amount of hard money a person can give to a candidate. This changes based on the inflation clause.
Term
soft money
Definition
Money spent by an independent party to fund a separate campaign for a candidate. IT IS NOT GIVEN DIRECTLY TO THE CANDIDATES.
Term
grassroots
Definition
Unaffiliated interest groups. They start at letter writing, move to demonstrations then protests and finally give highly valued opinions.
Term
Campaign Finance Reform Act
Definition
2002
Placed new restrictions on soft money. Stated that ads may only be placed 30 days before the primary and 60 days before general elections. McCain pushed this through and it came back to bite him.
Term
Bipartisan Campaign Finance Reform Act
Definition
2002
Bans all soft money from going directly to the political parties. Individual donations were increased from $1,000 to $2,000. Individual donations can give $25,000 to parties.
Term
Ethics in Governmet
Definition
1978
Former Executive/Legislative Branch officials cannot lobby for interest groups for two years after leaving the government.
Term
Lobbying Disclosure Act
Definition
1995
Legislative/Executive Branch officials must register and report issues worked on and donations received.
Term
American Bar Association (ABA)
Definition
Influences judicial appointments more than any other interest group.
Term
American Civil Liberties Union (ACLU)
Definition
Files lawsuits that most would not take, such as Reno v. ACLU (Porn on library computers).
Term
Amicus Curiae
Definition
Literally translates as "friend of the court." This is a legal term referring to someone, not a party to a case, who volunteers information or an opnion on a point of law.
Term
Writ of Certiorari
Definition
A term related to how a higher court decides which cases to hear.
Term
Federal Election Commission (FEC)
Definition
Controls the money raised by the people for the presidential candidates. When a person renews their dirver's license, they are asked if they would like to donate $1 from their tax $s to the presidential fund. This money is doled out as matching funds. If a candidate accepts the money, then the amount of outside money they can raise is limited.
Term
Buckley v. Valeo
Definition
Court case stating that candidates can use as much of their own money as they want for their campaign.
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