11.4 Review

Where do parties and candidates draw their money from?

• Federal and State treasuries

• Public treasury and political action committees

• Private contributors and public treasury

• Political action committees and individuals

What are PACs in the context of campaign finance?

• Grants of money from federal or State treasuries

• Political arms of special-interest groups

• Public financing for presidential elections

• Unaffiliated with any political party

What is the purpose of public subsidies received by presidential candidates?

• To raise and spend unlimited amounts

• To fund party-building activities

• To provide public financing for the presidential election process

• To disclose campaign finance data

Which law attempted to close the 'soft money' loophole in the 1974 and 1976 statutes?

• McConnell v. FEC in 2003

• FECA Amendments of 1974

• Bipartisan Campaign Reform Act of 2002

• Federal Election Campaign Act of 1971

What is the main responsibility of the Federal Election Commission (FEC)?

• To disclose campaign finance data

• To raise and spend unlimited amounts

• To administer all federal campaign laws

• To work directly with a candidate’s campaign

What are Super PACs allowed to do that traditional PACs are not?

• Administer all federal campaign laws

• Work directly with a candidate’s campaign

• Reveal their donors

• Raise and spend unlimited amounts

What is the purpose of the Presidential Election Campaign Fund?

• To disclose campaign finance data

• To raise and spend unlimited amounts

• To provide public financing for the presidential election process

• To place limits on campaign contributions

What are 527 organizations allowed to do in terms of raising funds?

• Place limits on campaign contributions

• Work directly with a candidate’s campaign

• Reveal their donors

• Raise and spend unlimited amounts

What was the controversial ruling in Citizens United v. Federal Election Commission?

• Unions and corporations are not allowed to spend money on federal elections

• Unions and corporations have a right to spend money on federal elections

• Unions and corporations have a right to raise unlimited sums of money

• Unions and corporations are not allowed to raise unlimited sums of money

What trend is unlikely to be reversed any time soon in terms of campaign finance?

• The limits on campaign contributions

• The timely disclosure of campaign finance data

• The public financing for the presidential election process

• The exploitation of the soft-money loophole