to keep too much money from being spent on campaigns.
True
As of the 2004 Election, there were over 4000 PACs. With the advent of the $1 Billion dollar presidential campaign (and that is just Obama's spending- not counting McCain's spending or independent spending like PACs and 527s), the level of PAC contributions and number of PACs has inevitably grown since 2004, and will likely continue to grow in the future.
The Taft-Hartley Act limited high dues for union membership as well as union contributions to political campaign funds.
The Taft-Hartley Act limited high dues for union membership as well as union contributions to political campaign funds.
The Federal Election Campaign Act.
The federal election campaign act.
Federal Election Campaign Act
most PACs associated with interest groups can only collect funds from group members interest groups can establish nonconnected PACs that accept contributions from the public
Private sources of campaign finance include any group who is not affiliated with a branch or agency of the government itself. This includes diverse actors such as individuals, corporations, non-profit organisations, lobbying groups, and others.
super PACs can spend any amount supporting a candidate, as long as they do not work directly with the candidate's campaign
Federal Elections Commission
taft-hartley act