How Does Money Affect The U.S. Elections?
What Are Super PACs? http://bit.ly/1XNjIvu Subscribe! http://bitly.com/1iLOHml Each election year, candidates spend million of dollars on their campaigns. So do candidates with big money...
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The 2016 election has heard a lot of talk about campaign finance reform and the effect of money in politics. So, does money actually influence elections? Well, to start, political expenditures have changed dramatically over the past few elections. In 2000, outside spending on political campaigns was roughly fifty million dollars. In 2012, it was more than one billion. So what changed? Well, in January of 2010, the US Supreme Court ruled in a case known as “Citizens United”, which basically allowed unlimited political spending by individuals and corporations. The way this works is that although the law sets a limit on contributions directly to a candidate, there is no limit to indirect candidate contributions. This is where the commonly used term “Super PAC...
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The 2016 election has heard a lot of talk about campaign finance reform and the effect of money in politics. So, does money actually influence elections? Well, to start, political expenditures have changed dramatically over the past few elections. In 2000, outside spending on political campaigns was roughly fifty million dollars. In 2012, it was more than one billion. So what changed? Well, in January of 2010, the US Supreme Court ruled in a case known as “Citizens United”, which basically allowed unlimited political spending by individuals and corporations. The way this works is that although the law sets a limit on contributions directly to a candidate, there is no limit to indirect candidate contributions. This is where the commonly used term “Super PAC...
