Thursday, November 21, 2013

Chapter 10 Section 3 Questions 1-8

Chapter 10 Section 3

1. Define:
-Political Action Committees: organizations specifically designed to collect money and provide financial support for a political candidate.
-Incumbent: government officials already in office
Grandfather Clause: a provisions that makes an exemption in the law for a certain group based on previous conditions.

2. Explain the basic purpose of a political action committee.
To provide financial support for a political candidate.

3. List the laws that govern the operations of PACs.
-A PAC must register with the government 6 months before an election
-It must raise money from at least 50 contributors and give it to at least 5 candidates in a federal election
-PACs must also follow strict accounting rules

4. Describe three requirements that the laws place on PACs.
-PACs can give $5,000 directly to each candidate
-See above (because 3 and 4 are pretty much the same question)

5. Why do PACs sometimes give money to candidates who do not always support their views?
So they will have better influence on those candidates and their interests will be protected.

6. In what way is campaign financing by independent and affiliated PACs more democratic than funding by wealthy individuals, corporations, and labor unions?
They show a more personal side of the population and seem to be more in for it for the good of the country than corporations who want the best for their company alone.

7. What was the unexpected result of laws passed in the 1970s to reform campaign finance?
It encouraged the growth of PAC’s.

8. Why do you think Congress has been reluctant to limit the financial contributions of PACs in federal elections?

It allowed house members to leave office with a large chunk of the leftover money from their campaign, but it was outlawed in 1992.

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