Government Campaign Finance Report

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Campaign begins after the nomination of the candidates. The campaign is the process of the candidate to achieve the goal to convince supporters or voters in order to win the chair. In this era, winning or losing the campaign involves serious money. A candidate cannot get elected if nobody knows who the candidate is and what are his abilities. Money buys this which gets name recognition. Here’s where the campaign spending in other words significance of money is most important. Without money, a no name candidate has no chance of getting elected. The government matching funds are given in the primary and general election campaigns, these funds come from the taxes paid by the citizens. Year by year the money spent by the candidate for the campaign …show more content…

Without limits and regulations, candidates will be able to spend as much as they want, which may be unfair to the other candidate who is also a participant but does not have as much access to funds. Restrictions on the campaign spending would guard the democracy against the pressure of abundant money from the government and from the wealthy individuals. The candidates should be on equal seating; the government should not be determined by how much a person advertises. Article information says that $7 billion was spent on 2012 campaign by the candidates, parties and outside groups - beating even the unprecedented expected total of $6 billion, according to a review of campaign finance reports by the Federal Election Commission [5]. An article published in yester years (2010) mentioned that in the campaign spending may hit $2 billion, but the same year (2010) $6.8 billion were collected by the candidates via special interest groups and political parties, this abundant money was pumped into the race of election in order to win. This article has put up an statistical data or chart which consists of spending’s by the special interest groups and the political parties on the race of the house and the senate election on that particular year (2010) …show more content…

The supporters argued that excessive spending breeds corruption, blocks grassroots candidates and keeps wealthy special interest groups in the hip pocket of the candidate. Opponents mentioned that limiting spending is a violation of our first amendment rights to free speech and that if a candidate can raise the money, concern person (he/she) should be able to spend it. A cap on expenditure was made into legislation with FECA. Nonetheless, the Supreme Court overturned the law in landmark case just a few years later [2]. In recent months the Supreme Court had strike down the limits on campaign spending. The decision ensured that a great role is there for wealthy donors in the American politics, the Supreme Court had struck down restrictions on how much individual donors may contribute to candidates, political parties and political action committees. Defenders of the spending limits fear that the ruling may set the stage for a ban on contribution limits altogether

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