Term Paper on Campaign Finance Reform

This essay has a total of 613 words and 3 pages.

Campaign Finance Reform


Funding is a crucial component of every political campaign. Over the past several
decades, the cost of running a campaign has vastly increased. As a result, the United
States Congress has produced several proposals regarding campaign finance reform. These
proposals included the elimination of soft money and the raising of limits on individual
contributions.


Of the various proposals discussed in Congress, one is the elimination of soft money.
Soft money is donations given to political parties for party activities rather than in
support of a particular candidate or campaign. Soft money is spent on activities such as
voter registration and issue advertising. One proposal that was put forth in 1997 was the
McCain-Feingold Bill, the basis of which was a ban on soft money. This bill would
prohibit all soft money contributions to national political parties. Additionally, state
parties that accepted these unregulated contributions would be prohibited from spending
them on federal elections. There are, however, both proponents and opponents of this
notion to eliminate soft money. Supporters of this reform argue that political parties
become under the control of large contributors of soft money, many of which hope that
their large contributions would pay off in the form of a policy decision or bill
endorsement. Proponents advocate that this is detrimental to the democratic process, and
that soft money contributions eliminate the power of the broad electorate. Nonetheless,
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