POLI SCI 104 Study Guide - Federal Election Campaign Act, Water Balloon, Campaign Finance Reform In The United States

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30 Oct 2014
Professor

Document Summary

Midterm exam next monday same format as first exam. Wednesday in this room: wednesday after class (my session) and thursday at 4:30 (ta session). Polls open from 7 am 8 pm. Presidential race is tightening a bit, but path to 270 electoral votes is much easier for obama than mccain. U. s. congress: limits on contributions, no limits on spending. President: limits on contributions and limits on spending. Perot, forbes, and other wealthy candidates can opt out of the system. Limits on money one can spend on one"s own campaign or independent spending struck down in buckley v. valeo (1976) Explosion of pacs in 1970s and 1980s. Obama declined public financing in 2008 and will raise over. Campaign finance reform passed in 2002 after a decade-long battle. Bans soft-money contributions to national parties (went into effect nov. 5th, 2002). Issue ads within 60 days of an election have to be paid with hard money.