Campaign Finance: The Importance Of Money In Politics

Each year billions of dollars are spent on getting candidates of various offices of government elected. Many candidates have had tremendous success through the efforts of much needed monetary contributions to their campaign. Contributors range from unions, religious leaders, organizations such as Mothers Against Drunk Drivers (MADD), the National Rifle Association (NRA), and senior citizens groups. When these groups, known as special interest groups, donate to candidate’s campaign, they expect the candidate to respond to their issues. Because special interest groups, as well as private citizens donate more and more money to campaigns, there is some concern that there is a great need for campaign finance reform.

‘Despite several attempts to regulate campaign finance, money increasingly dominates the U.S. Electoral process and is the main factor contributing to a candidates success’ Discuss (30 marks)

One of the issues I am most passionate about is that of money in American politics. Increasing campaign costs, coupled with a decrease in the number of donors contributing to those campaigns, is a disturbing trend which has caused many to feel the need to question the state of our democracy—myself included. The problem of mainstream political corruption and legalized bribery is one that I was made aware of three years ago, and has since become one of the things keeping me up at night most often.

Political campaign financing refers to all finances that have been raised and expended in order to promote political candidates, parties, and initiatives. According to a survey conducted in November 2018, when questioned “Do you know what political campaign financing is?” approximately 50% of respondents answered yes, 27% answered no and 23% answered that they had heard of it. The same survey relayed that only 4% of participants had positive views, 35% had negative views and the remaining 61% were unsure of their views on campaign financing. Yet when asked the question “Regarding the role of money in American political campaigns, what level of influence do you think money has?” 96% of respondents said too much,

The Democratic and Republican presidential nominees for 1999 raised an astounding 126 million to finance their campaigns in the primaries (Godfrey). The U.S. national political parties raised a record 107.2 million dollars in soft money contributions in 1999 (Campaign Finance Reform). During the 1995-96 elections, public citizens estimated that an astounding 150 million dollars was spent on "phony" issue ads designed to support or oppose congressional and presidential candidates (Campaign Finance Reform). This outrageous influx of money into congressional and presidential campaigns has placed a blanket of corruption and injustice over our nation’s elections. With the rise of campaign corruption, many

From the very first elections held in the United States, there has always been a strong link between money and politics. During the first elections in the late 1700’s you had to be a white male landowner over the age of 21 in order to vote, meaning that you had to have money in order to have your vote counted. It seems today that we cannot go a day with out seeing campaign finance in the media, whether or not it is through advertisements for politicians in the media or asked to donate money to help let your favorite candidate win. Because campaign finance has always been on the back burner of political issues, there has hardly been any change to the large influence money has over the election process and politicians. While money has it’s

In the 2016 election cycle, over 1.4 billion dollars was given to presidential candidates (Federal Election Commission 2016a). This is more than any other presidential election cycle in history (Price 2016). Another billion dollars was given to U.S. House of Representatives candidates, and about 600 million dollars was given to U.S. Senate candidates (Federal Election Commission 2016b). The majority of this money went to funding the candidates’ campaigns. This money controlled whose ads voter’s saw on television and which candidates were able to afford to travel the country campaigning for votes. In many cases, the candidate with the most money available won their election. Most campaigns are financed in large part by a small number

The right of free speech granted to all citizens in the first amendment, the necessity of funding expensive political campaigns, and the fact that small donations make a candidate responsive to the needs of their constituents, all make any restrictions on campaign financing unneeded and onerous. Congress should strike down any bills attempting to reform this essential part of the U.S. election process. Any further restrictions on donations to political campaigns will prove detrimental to the United States functioning system of elections by limiting individuals’ freedom of speech, making our candidate’s campaigns underfunded and unresponsive to the needs of the American people.

Daniel R. Ortiz’s writing, The Democratic Paradox of Campaign Finance Reform states that those who argue for campaign finance reform, violate the democratic theory in the name of defending it. This article reveals the paradox between campaign finance reform and other types of regulation of political process. Although the paradox is unavoidable, along with discomforting, it should be made evident.

With the introduction of “soft” money in politics, elections no longer go to the best candidate, but simply to the richer one. Soft money is defined as unregulated money that is given to the political parties that ends up being used by candidates in an election. In last year’s elections, the Republican and Democratic parties raised more than one-half of a billion dollars in soft money. Current politicians are pushing the envelope farther than any previous administrations when it comes to finding loopholes in the legal system for campaign fundraising. The legal limit that any one person can contribute to a given candidate or campaign is one thousand dollars. There is, however, no limit on the amount of money one

Lawn signs, television advertisements, billboards, and political rallies are some of the key components of a successful political campaign. A political campaign is an organized effort which seeks to influence the democratic public that is voting for its elected officials. These seemingly trifling parts of a campaign cost money. Money equals power, is the political mantra in today’s society. Campaigning can cost millions of dollars, and it is logical to believe that only those with the means have the ability to participate in the race for leadership. In a democratic society such as ours, every person has the right to vote and stand up for what they believe is right. Every person, from Donald Trump to the regular middle class citizen,

Elections shape the scope and size of our government. It’s an event where the people can decide the direction of a locality, a state, and even the federal government. Immigrants and youth who can’t vote are still impacted by the decisions of those being elected. Elections are paramount to our system of governance, however the way campaigns are run, and how funds are raised lack any meaningful oversight. The united states campaign finance system is in need reform, due to increasing deregulation, poor voter participation, and drastic increases third party spending. The root cause of this issue is our deregulated campaign finance system.

New PACs formed with each election year and they had the ability to fund a candidate of their choice, and to force that candidate to try to carry out the organization's goals, no matter how detrimental. Ultimately, PACs lead to Super PACs, which, in addition to sharing many attributes to PACs, can raise and donate significantly larger sums of money, and hide the names of their donors for long periods of time. Additionally, Independent Expenditures organizations face no restrictions on the amount of money they can raise, and 501(c) groups can completely conceal the identities of their donors for the duration of an election season. In fact, 501(c) groups have become so powerful that they provide approximately half the money used during election seasons with the hope of swaying citizens to vote for their favored candidate. (Karlan 13) These organizations clearly demonstrate the effect and the power that money holds in both elections and the government in general. However, Pamela S. Karlan, a professor of law at Stanford Law School, shares this message: “However, money is only one symptom of a deeper political pathology.” This serves as a reminder that dollar bills can not singularly take blame for the uncertainty in our

The idea of money in politics has always been a polarizing issue. For over one hundred years the discussion of individuals and corporations financing campaigns has led to a debate of corruption versus free speech. Is money in politics a corrupting influence that always leads to quid pro quo? Or, is it an issue of allowing individuals to use their money as an extension of their freedom of speech? Recently, campaign finance reform has been a very dynamic issue. With the last major supreme court case Citizens United v. FEC, money in politics has taken a significant turn from the status quo. With only seven years after the Citizens United ruling we can already see the effects of less regulated free speech in politics.

In a country built from unparalleled equality, our election system is not inclusive of the less affluent candidates. Inevitably, monetary funding has become a centralized focus point for American politics and has provided a reckless entry way for candidates not prepared for the presidency. Taking this current election for example, Hillary Clinton, democratic presidential candidate, received a donation of 25.6 million dollars from the Hedge-Fund, this being only a small fraction of her over all funding. Contrastingly, Jill Stein, Green Party Candidate, has only received 3.2 million dollars in total funding for her campaign. The difference is striking. Providing a