Campaign Finance Reform For Combat Modern Day Spending Problems Essay

Campaign Finance Reform For Combat Modern Day Spending Problems Essay

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In the last 16 years there have three major contributions to campaign finance reform to combat modern day spending problems. In 2002 both parties within Congress saw the need to reform the way candidates campaign. This led to the Bipartisan Campaign Reform Act (BRCA). This act included several provisions that were designed to end soft money for any activity that affects federal elections. The provisions include: “Prohibiting national parties from raising or spending non-federal funds; Requiring state, district and local party committees to fund certain "federal election activities" with federal funds (i.e. hard money) and, in some cases, with money raised according to new limitations, prohibitions, and reporting requirements (i.e. Levin funds), or with a combination of such funds; Limiting fundraising by federal and nonfederal candidates and officeholders on behalf of party committees, other candidates, and nonprofit organizations.” () These provisions were passed in 2002 but they began to be loosened in 2007. There was a lot of pushback on this bill from both sides of the aisle. The Supreme Court stepped in to help alleviate some of the issues people had with the legislation by loosening its hold on campaign regulations. In a decision made by The Supreme Court, advocacy groups who were funded by corporations or unions were given the ability to run ads during the month prior to a primary and the two months before the general. This was previously barred by BRCA. The Court gave more leeway to what these issue ads could say giving these advocacy groups more campaign freedom. ("Campaign Finance Law Quick Reference for Reporters." Federal Election Commission.)
Citizens United v FEC (2010) and McCutcheon v. FEC (2014) are the guidin...

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...of men held that the prospect of fundraising would deter them from running for office. In fact, Representative Nancy Pelosi believes that “if you reduce the role of money in politics and increase the level of civility in debate, more women will run for office”. (2) The second consequence is that money buys elections, which means that whoever is able to spend the most will win their election. This means that voters really don’t have a real choice because incumbents with a big war chest scare off potential challengers. (3) The third consequence is that critics believe that this system favors the wealthy while leaving out the middle and lower class. This gives people with more money more of a voice creating inequality. (4) The current system does not do enough to combat corruption. (Sides, 2012) So what are feasible reform measures and how will they reduce corruption?

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