Campaign Finance

  • Campaign finance law is enforced by the Federal Election Commission
  • Federal law limits how much individuals and organizations can give
  • Political action committees can spend money to directly influence elections
  • Candidates can choose to get federal funds, but if they do they must agree to abide by certain spending limitations
  • By refusing matching funds, candidates are free to spend as much money as they can raise privately
  • In 2008, $2.4 billion was spent on the presidential campaign