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Essay Question: Campaign Finance R eforms. Jessica. The Question. The US C ongress has debated a variety of campaign finances reforms over the last decade. The proposals included the following: Eliminating soft money Limiting independent expenditures
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The Question The US Congress has debated a variety of campaign finances reforms over the last decade. The proposals included the following: • Eliminating soft money • Limiting independent expenditures • Raising limits on individuals contribution
The Question Select one of the listed proposals and do the following: • Define the proposal • Describe an argument that favors the proposal • Describe an argument that is against the proposal
Points • 1 point is earned for the definition of the proposal* • 1 point is earned for the description of the argument in favor of the proposal • 1 point is earned for thedescription of the argument againstthe proposal. • *The response may get description points without the definition points, but the description must reference the particular proposal.
Eliminating Soft Money Definition: • Prohibiting or regulating campaign contributions to political parties and/or contributions for party building activities
Eliminating Soft Money Arguments in favor for: • Soft money is often used to circumvent limits on hard money • Levels the playing field • Lessens concern about undue influence of “fat cats”/ buying influence • Provides more disclosures and transparency • Decreases overall cost of the campaign
Eliminating Soft Money Arguments against: • First amendment • Contrary to ruling in Buckley v. Valeo* • Party money is one step removed between contributor and decision-maker • Weakens political parties • Might lessen grassroots participation
Limiting Independent Expenditures Definition: • Limiting money spent by individuals and groups not directly affiliated with the candidate or the party
Limiting Independent Expenditures Arguments in favor for: • Can be used to circumvent limits on hard money • Levels the playing field • Possibly reduces negative issue ads. • Candidates want to control their own campaign • Lessens concern about undue influence of “fat cat”/ buying of influence
Limiting Independent Expenditures Arguments against: • First Amendment • Contrary rule in Buckley v. Valeo • Might lesson grassroots participation
Raising Limits on Individual Contributions Definition: • Prohibiting or regulating campaign contributions to political parties and/ or contributions for party building activities
Raising Limits on Individual Contributions Arguments in favor for: • Limits are not indexed inflation • Candidates can spend less time fundraising • Decrease influence of PACs • Decreases restrictions under First Amendment rights* • Decrease reliance on less-regulated forms of campaign funds
Raising Limits on Individual Contributions Arguments against: • Allows the rich to have/buy more influence • Too much money in the process already • Drives up the cost of campaigns
Good luck “And may the odds ever be in your favor.”