TOP SPENDING2004 : Bush2008 : Obama2012 : Obama
CAMPAIGN REFORM ACTOriginally signed in the 1970’s .It was established in an attempt to regulatecampaign finance by legislation
HARD MONEY money given directly to a candidate to assist .
SOFT MONEYMoney that can be spent by a political party.Can be used towards grass roots organizations,recruitment, advertising, etc.…Must be put in a NON- federal bank accountcan’t be used towards president or elections
BUCKLEY VS. VALEO Lawsuit filed due to the passing of amendments to federal electioncampaign 1971 Limited contributions to federal office Provided for public financing of president elections limited expenditures by candidates and associated committees Filed by James L. Buckley Against Francis R Valeo, court decided in favor of valeo except thelimited expenditures law was canceled.
C I T I Z E N S U N I T E D V S. F E D E RA L ELECTIONS COMMISSION Supreme court case in which the court held that the firstamendment prohibited the government from restricting independentpolitical expenditures by corporations and unions
WORK CITED PAGE http://en.wikipedia.org/wiki/Bipatisan_Rampaign_Reform_Act http://www.usnews.com/opinion/articles/2008/10/21/data-points-presidential-campaign http://www.huffingtonpost.com/2012/11/13/campaign-finance-reform_n_2122811.html http://caselaw.lp.findlaw.com/scripts/getcase.pl?court=us&vol=424&invol=1 http://dictionary.reference.com/