1. Chapter 7 Section 3 Money and the Election Process
The Electoral Process
Chapter 7 Section 3
Money and the Election Process

2. Campaign Spending Amounts
Campaigns cost a lot of money to run
It is spent primarily on:
Radio
Television
Professional Campaign Managers and consultants
Newspaper advertisements
Pamphlets
Buttons
Posters
Office rent
Polls
Mass mailings
Travel
And more…

3. See page 174 for graph

4. Sources of Campaign Funding
Private givers:
Small contributors- those who give $50 or less
Wealthier persons and families- can afford very large donations to candidates
Candidates themselves- Ross Perot spent over $65 million of his own money on 2 failed Presidential campaigns

5. Political Action Committees
PACS
The political arms of special interest groups that have a major stake in public policy
AARP, NEA and NFIB (National Federation of Independent Businesses)
See page 175 for graph
All PACS are good for some people, no PAC is good for all people.

6. Temporary Organizations
Groups formed for the immediate purposes of a campaign
Examples would include
Women for Choice for Clinton and Gore
Swiftboat Veterans for Truth

7. Why people give Belief in candidate or party Want something in return
Want certain laws passed or appealed

8. Regulating Campaign Finance
Federal Election Commission
Set up by Congress in 1974, the FEC is an independent agency in the executive branch. Six members are appointed by the President with approval of Senate.
Enforce the following:
Disclosure of Contributions
Limits on Contributions
Limits on Expenditures
Public funding for parts of the Presidential Election
Process.

9. Public Funding of Presidential Campaigns
Congress first began public funding of presidential campaigns in 1971.
Everyone who files federal income tax can check off yes or no for public financing.
If you take money, you agree to spending limits

10. Raising Money on the Internet
Joe Trippi