Abstract: (5pp). In 1974 Congress passed a set of laws that changed the amount of money which could be donated to an individual campaign. Contributions to candidates are now limited to $1,000, per contributor, that's called hard money. But of course many people and organizations, including special interest groups such as defense contractors, the gambling industry, organized labor have more money that they would like to spend on politics than they can get to candidates in $1,000 increments. So they give much larger amounts to advocacy groups, political action committees and the political party. That is called soft money. Not much else has happened in the last 25 years of discussion. Bibliography lists 4 sources.
Subcatagory: Campaigns, Elections & Politicians