Campaign finance

Definition

The system of laws and regulations governing how money is raised and spent in political campaigns. Key issues include contribution limits, disclosure requirements, and the role of Political Action Committees (PACs) and Super PACs in funding elections.

Examples

  • The Federal Election Campaign Act (1971) established disclosure requirements and contribution limits
  • The Citizens United v. FEC (2010) Supreme Court decision allowed unlimited independent spending by corporations and unions
  • Super PACs can raise unlimited funds but cannot coordinate directly with candidates
Key Fact

Citizens United v. FEC (2010) ruled that political spending by corporations is protected free speech.

Related Terms

Voting and elections Interest groups Electoral process Landmark supreme court cases

Study This Concept

Practice campaign finance with free review games in these units:

U.S. Government Unit 7: Political Parties and Elections