Presidential Election Campaign Fund
We would like to see approximately 1.04 billion dollars raised for this campaign.
Restrictions of Contributing
The Federal Campaign Finance Act of 1971 made sure that information was made available to the public through public disclosure about how the candidate spent funds. It also limited the amount a group or individual could donate.
Aside the restrictions, campaigning can include public support from a celebrity and tax donations which helps the candidate's popularity.
This is donations given to political parties as a whole, not a certain candidate. This has to be used for general expenses and if often used for television advertisements.
The point of this is to allow wealthy groups and people to donate as much as they please without restrictions on that.
The Bipartisan Campaign Reform Act made the decision to only allow hard money (federal money) in raising money.
Political Action Committees
PAC's are political organizations made to support candidates by contributing money. They are started by corporations, labor unions, along with other interest groups. These committees supports candidates who share their views on issues. PAC's are a huge part of campaign finance since they can give unlimited amounts for or against parties.
- Club for Growth- they seek a governmental conservative economic agenda
- Koch Industries- have been a loyal donor to the republican party over the years
- Associated Builders and Contractors- they wouldn't want to have more regulations put on minimum wages and contributed to republicans (who opposed more regulations) when there was an act on minimum wage requirements
- Blue Cross/Blue Shield- they don't want more regulations for insurance plans
- National Federation of Independence- they are an association of small business owners and mainly republicans support this