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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
What is a sentence for loophole?
"There are a number of loopholes in the tax laws whereby corporations can save money."
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 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.
Purpose of the FEC?
The Federal Election Campaign Act (FEC) is a law passed in 1974 for feforming campaign finances, it provided public financing for presidential primaries and general elections, limited presidential campaign spending, required disclosure, and attempted to limit contributions.
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.”
Can California create its own money?
No, California cannot create its own money as that is within the authority of the federal government by the U.S. Constitution. States in the U.S. are not allowed to print their currency.
What are the major powers of federal government?
print money, declare war, create an army and make treaty
