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Soft money created a loophole in federal elections by giving PACs the ability to receive unlimited contributions and spend without limits. This practice was banned in 2002.
Wiki User
∙ 9y ago
Wiki User
∙ 8y agoIt wasn't soft money but the Supreme Court decision that corporations are humans. This gave them freedom of speech rights and the ability to fund campaigns as much as they want.
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How did soft money create a loophole in federal election finance law?
By allowing the political action committee to collect without limit and spend without repercussion.
Why is more money being spent on federal elections than ever before?
The U.S. Supreme Court ruled that the government cannot restrict spending on elections by organizations or individuals.
Did the new deal create jobs by giving federal money to business?
Yes, the new deal created jobs by giving federal money to businesses
Can the legislative branch coin money?
Indeed it can. The legislative branch can coin money.Answer:No, the legislature can spend money, spend money and create a deficit but they don't create money. The Federal Reserve Bank controls the money supply and the Mint actually produces the money.
Can Legislative Branch coin money?
Indeed it can. The legislative branch can coin money.Answer:No, the legislature can spend money, spend money and create a deficit but they don't create money. The Federal Reserve Bank controls the money supply and the Mint actually produces the money.
Why did the federal reserve increase the money supply during y2k scare?
they wanted to create a bubble.
What is a sentence for loophole?
He found a legal loophole that allowed him to avoid paying taxes on his income.
What are the major powers of federal government?
print money, declare war, create an army and make treaty
What was the immediate purpose of the federal emergency relief administration?
The federal emergency relief administration was to provide money for relief to the states and cities. The money that was given out was used to create jobs and help those who had no jobs.
What bans soft money in federal campaigns?
The Bipartisan Campaign Reform Act of 2002 bans soft money in federal elections, and it was re-affirmed without comment by the Supreme Court of the United States on 10 June 2010. The soft-money ban limits individual contributions to political parties even if the money is to be spent on activities unrelated to federal elections.Previously, the Supreme Court upheld the soft-money ban in a 2003 decision, McConnell v. F.E.C. It said there was “no meaningful distinction between the national party committees and the public officials who control them” and so “large soft-money contributions to national parties are likely to create actual or apparent indebtedness on the part of federal officeholders.”
What best describes the purpose of the Federal Emergency Relief Administration?
The federal emergency relief administration was to provide money for relief to the states and cities. The money that was given out was used to create jobs and help those who had no jobs.
How did the 12th amendment attempt to address problems that came up in presidential elections in the Federal Period?
A bank was necessary to carry out the powers granted in the Constitution such as collecting taxes and coining money
