ap us govt pacs january 16, 2013
DESCRIPTION
AP US Govt PACs January 16, 2013. Objective : Examine the growth, influence, strategies and pros/cons of political action committees. I. Growth of PACs. Definition : groups that raise funds for favored candidates WHY : “Open up” contributions masses more people to support your cause - PowerPoint PPT PresentationTRANSCRIPT
AP US GovtAP US GovtPACsPACs
January 16, 2013January 16, 2013
Objective: Examine the growth, influence, strategies and pros/cons of
political action committees
I. Growth of PACs
• Definition: groups that raise funds for favored candidates
• WHY: “Open up” contributionsmasses more people to support your cause
• FECA 1974: 1. Individuals-$1000 (now $2500/inflation)2. Individuals-$1000 to a PAC, no limit on #PACs3. PACs-5x an individual (now 2.5), no limit on amount that a PAC can
contribute/year4. No limit on independent expenditures that a PAC could make
II. Explosive Growth of PAC contributions
• PACs-even donate to candidates facing no opposition
• Most congressional campaign money comes from Individual contributions
III. PAC StrategiesWHERE does the money go AND WHY
1.Incumbents –2004, 79% of PAC moneyincumbents
2.Winners-double spending
3.Those likely to grant access 1.party leader, committee chair (60 mins video)
III. PAC strategies…
3. Voter education (mailings, fliers, commercials)
4. Independ. expenditures, issue advocacy ads
5. “Bundling”-many individual contributions
6. 527s Groups– Not regulated by FEC
IV. Who has PACs??
1. 50%=Corporations
2. Ideological organizations
3. Professional/trade/health (AMA)
4. Labor Unions (WEA)
V. Dangers of PACs
1. Ethic concerns: “buying votes”
2. Special accessaverage person lacks
3. Drives up cost of campaigningfundraising
4. Further incumbency advantage
VI. In defense of PACs
1. 1st amendment’s rightright to petition the government
2. PACs=political education