POLS 230 Lecture Notes - Lecture 10: Republican National Committee, Campaign Finance Reform In The United States, Political Action Committee
Document Summary
People work at it in a way that basically opened the door to money in politics, at the end of the day the current finance laws can be dated back to the watergate scandals 1972-74. Many many crimes commited by the nixon administration. The watergate is an office complex, at the time it house the democratic national committee. Operative of the republican party broke in to plant surveillance bugs during the election campaign of 1972- other cirmes too, funded by the republican national committee. Thus it became clear that campaign finance funds were being used to finance the. The abuse of campaign funds leads to reforms in campaign finances. The pu(cid:271)li(cid:272) fi(cid:374)a(cid:374)(cid:272)i(cid:374)g (cid:894)that they do(cid:374)"t use a(cid:374)y(cid:373)ore(cid:895) is o(cid:374)e of the refor(cid:373)s that (cid:272)a(cid:373)e out of watergate. Sets a precedent: equates money to free speech- Allows the candidate to send money without regulatory limits. Allows campaigns to spend without limit if no public finance is used.