Soft Money

Whether the "soft money" problem is consumer privacy, patient rights claims, environmental pollution, or prescription drug benefits for elderly Americans, soft money donors will use their money in Capitol Hill and the White House I will hear your opinion. - It's time to end a corrupted soft currency system, "said General Scott Hashbagl, a president, based on a campaign for the fiscal reform campaign. You should not operate this system through excessive contributions to make an excessive impact.

First of all, I understand what soft money is. Soft money is the money used by political parties, illegal use and acquisitions by federal candidates. Soft money is illegal and we are trying to eliminate it from the national campaign. I understand that it is illegal to use soft money since 1907. We can not pay more than a certain amount to federal candidates or political parties in order to influence the voter's voter turnout rate. No one can do anything because there are loopholes in the law. It was not until 1988 that anyone knew about it. It was revealed in the battle of Dukakis and the fight of Bush. Soft money is used for "party building" and has nothing to do with election election itself.

Elimination of political parties' soft money and regulating similar expenditures by groups other than political parties is a central feature of many proposals for reforming campaign funds. Soft campaigns have been defined as funds raised and used outside the regulatory structure of federal election campaigns and have played an increasingly controversial role in politics over the past decade.

The money donated to the event is divided into "hard money" and "soft money". Hard money is money donated directly from individuals or organizations to activities. Soft money is money from individuals or organizations not participating in activities, but groups used by candidate-specific advertisements or other support candidates will benefit the candidate, but due to official activities legitimate It is not adjusted in a way. In the 1971 federal campaign campaign law candidates are required to clarify the campaign donation and the source of campaign costs. In 1974, it was modified to legally restrict donation to the campaign. It prohibits direct donation to company and union activities and limits individual donation for each activity to $ 1,000. It introduced public funds for the president's primary elections and elections. This measure also provides a limit of $ 5,000 per activity of the PAC (Political Behavior Committee)