Explain how both legislation and the federal court system have paradoxically reformed and expanded issues dealing with federal campaign finance donations. Explain whether you agree or disagree with these laws and judicial decisions.
What will be an ideal response?
An ideal response will:
1. Explain that federal law limits individual contributions to $2,700 per candidate for each election; the limit is $5,000 per candidate for each election by PAC contributions from corporations, labor unions, trade associations, and other organizations and interest groups.
2. Explain that, in Citizens United v. Federal Election Commission, the U.S. Supreme Court opened a major loophole by allowing independent super-PACS (IEOCs) to make unlimited contributions to federal races, provided there is no coordination between the PAC and the candidate.
3. Explain that the U.S. Supreme Court in McCutcheon v. Federal Election Commission further eroded federal campaign finance rules when it decided that aggregate limits on individual donations were no longer valid.
4. State and defend a position regarding views on the limits and expansion of federal campaign finance.
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What is the top circulating U.S. newspaper?
a. USA Today b. the Wall Street Journal c. the New York Times d. the Washington Post
What is the largest tax expenditure in the United States?
a. deduction of mortgage interest on owner-occupied houses b. deferral of income from controlled foreign corporations c. exclusion of employer contributions to health care and insurance d. exclusion for interest earned on state and local government bonds