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There is no support for the notion that campaign contribution limits hurt challengers. If anything, contribution limits can work to reduce the financial bias that traditionally works in favor of incumbents. |
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Although Congress recently passed strong new rules to limit undue access by powerful interests, the federal ethics enforcement process is flawed in many ways. |
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In 2002, Congress passed the Bipartisan Campaign Reform Act (BCRA), which offered some significant reforms such as banning unlimited ‘soft money’ contributions to political parties and clamping down on electioneering spending by outside interests. Unfortunately, BCRA also doubled the amount of money that an individual may give to a federal candidate from $2,000 to $4,000 per election cycle. |
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Despite the recent corruption scandals in Washington DC, the most significant problem with money in politics is that large contributions unduly influence who runs for office and who wins elections in the United States. |
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