"Money is the mother's milk of politics." Discuss in your group what you think this quote means.
Campaign costs previous four presidential election cycles:
Many people complain about the role of money in campaigns and elections. Today, we will be looking at how the government has tried to regulate campaign spending.
- Should there be limits on how much an individual, business, or interest group can donate to a candidate?
- Should there be limits on how much an individual can spend on their own campaign?
- Should there be public financing of campaigns at either the presidential or congressional levels?
- Does money=speech?
Your Task: What are the rules concerning political contributions? What laws have been passed? What has the Supreme Court said? How is it regulated? Create a timeline that illustrates the government's attempt to limit the proliferation of money in campaigns using the following legislative acts, court cases, government agencies, and related terms.
Key Terms: FECA, BCRA, soft money, FEC, McCutcheon v. FEC, Buckley v. Valeo, McConnell v. FEC, Citizens United v. FEC, SuperPACs