Federal Elections Commission

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Presentation transcript:

Picture: Thomas Nast's cartoon depicting William “Boss” Tweed with a money bag for a head.

Federal Elections Commission An independent agency in charge of administering all laws dealing with federal elections Under-funded and under-staffed

Require timely disclosures about the source of the money Place limits on campaign contributions Place limits on campaign expenditures Provide public funding for several parts of the presidential election process

The history of campaign spending for president – showing the dramatic increase in the cost to run for office.

Chart showing what expenses were used for by candidate Trump over a short period in 2015.

Fundraising and spending on House of Representatives elections from 1992 and 2016. https://www.opensecrets.org/overview/

Hard Money - given directly to a candidate for the purpose of use in an election. FEC regulated Soft Money - given to state and local party organizations for voting related activities. NOT FEC regulated

Individuals: limited to $2,700 per election Interest Groups/PAC’s: limited to $5,000 per election Political Parties Government Subsidies https://www.opensecrets.org/overview/limits.php

A Political Action Committee (PAC) - committee that raises and spends money to elect or defeat candidates; restricted in how much can be used to support specific candidates. Super PAC: A type of PAC that may raise and spend unlimited sums of money for advertisements to support or oppose political candidates. Unlike traditional PACs, Super PACs may not donate money directly to candidates.

Super Pac Super Pac

PAC Amount Raised % to Dem % to Rep National Association of Realtors $3,960,700 42% 58% National Auto Dealers Association $2,659,250 28% 72% Super PAC Amount Raised Viewpoint Priorities USA Action $133,407,972 Liberal Right to Rise USA $86,817,138 Conservative Senate Leadership Fund $85,994,270 Senate Majority PAC $75,413,426 https://www.opensecrets.org/pacs/toppacs.php