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Published byGarry O’Neal’ Modified over 9 years ago
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PACs
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Political Action Committees Political Action Committees, commonly called "PACs," are organizations dedicated to raising and spending money to either elect or defeat political candidates.
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Political Action Committees Most PACs are directly connected to specific corporations, labor groups, or recognized political parties.
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Political Action Committees Examples of these PACs include Microsoft (a corporate PAC) and the Teamsters Union (organized labor).
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Political Action Committees PACs solicit contributions from employees or members and make contributions in the PACs name to candidates or political parties.
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Political Action Committees Non-connected or ideological PACs raise and spend money to elect candidates -- from any political party -- who support their ideals or agendas
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Political Action Committees Non-connected PACs are made up of individuals or groups of U.S. citizens, not connected to a corporation, a labor party or a political party.
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Political Action Committees Examples of non- connected PACs include the National Rifle Association (gun owner rights) (abortion, pro- choice). A non-connected PAC can solicit contributions from the general public of U.S. citizens and permanent residents.
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Political Action Committees A third type of PAC, called "leadership PACs" are formed by politicians to help fund the campaigns of other politicians.
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Political Action Committees Politicians often create leadership PACs in an effort to prove their party loyalty or to further their goal of being elected to a higher office.
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Political Action Committees Under federal election laws, PACs can legally contribute only $5,000 to a candidate committee per election (primary, general or special). They can also give up to $15,000 annually to any national party committee, and $5,000 annually to any other PAC.
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