MeganFelder AmericanGovernmentMoney

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 3

Felder, Megan

American Government
03/24/2020- Late
Essay: Money and Elections
Word Count: 569

Money and U.S. Campaigns

In order to run for an office and win, it’s important to have knowledge of legislation and

economic policy. However, the ability to fundraise and financially drive one’s campaign is just

as imperative to their chance of success. In addition to having the required funds for advertising,

campaign staff and rallies, fundraising is an indicator of viable political candidates (Grutz). With

money being a key part in a campaign, donations and contributions from third parties can yield

corrupt politicians and must be closely monitored. Through a series of measures, congress has

attempted to curb the impact of money in our elections. As we look further into the election

system, we must analyse: How does money influence the outcomes of elections, including policy

and what has congress done to lessen these influences?

In order to understand the significance of money in elections, it’s important to elaborate

on the benefits and outcomes of donations and other campaign finances. As stated above,

fundraising helps indicate which candidates are likely to succeed. For many political candidates,

the amount of money they raise in the beginning of their campaign directly affects their

likelihood of continual funds. Candidates such as Jeb Bush and Ted Cruz both raised high

amounts during the 2016 elections and in turn resulted in increased press (Grutz). Despite the

benefits of high fundraising, many red flags arise when discussing donations, especially in

regards to large corporations. Many people have wondered whether congressional donations

have been used to influence policy (Grutz). Interest groups and corporations make donations to

candidates which in turn vote for or against bills that would hinder the interest of that group. This
Felder, Megan
American Government
03/24/2020- Late
Essay: Money and Elections
Word Count: 569
raises questions as to whether our representatives have our best interest in mind. However,

congress has taken steps to lessen the influence of money on our democracy.

Since the 19th century, congress has introduced legislation to combat the influence of

money on politics. Early on, Theodore Roosevelt suspected that money in elections would be

used for corruption and influence (Grutz). Acts ,such as the Tillman act, limited corporations

from contributing money to candidates running in federal elections (Grutz). Additional policies

would come to limit the individual contributions and thus aim to prevent the influence of donors.

However, corporations and individuals alike fought, utilizing the 1st amendment, to express their

views by financial endorsement of candidates. The case of Buckley V. Valeo ruled that limiting

personal endorsements was unconstitutional. Throughout the late 1900’s, many rules towards

campaign finance were not followed. In 2002, John McCain and Russ Feingold created the

Bipartisan Campaign Reform Act which placed limits on total money given to political parties

and attempted to prohibit candidate and PAC coordination. When a case was brought against

these restrictions, the supreme court upheld the act. However, Citizens v. FEC allowed

corporations to spend unlimited money on super PACs as well as led to removal of spending

limits on corporations. Congress has attempted and succeeded to an extent to implement

legislation to lessen monetary influence on elections and thus policies.

While it is important that candidates have access to financial contributions, thus

improving their chances of election, there are instances in which these donations may lead to

corruption in the government. Policies created to lessen the impact of these donations have had a

small influence in the past, while newer acts have increased the limitations of corporations and

personal endorsements.
Felder, Megan
American Government
03/24/2020- Late
Essay: Money and Elections
Word Count: 569

Works cited

Krutz, Glen, et al. American Government. Openstax,


Pressbooks,https://pressbooks.online.ucf.edu/amnatgov/chapter/introduction/ .

You might also like