Campaign Finance Regulation: Faulty Assumptions and Undemocratic Consequences

Efforts to limit political contributions and spending are extremely popular, yet there is no serious evidence that campaign finance regulation has achieved or will achieve its goals of reducing the influence of money, opening up the political system, and lowering the cost of campaigns. Indeed, since the 1974 amendments to the Federal Election Campaign Act, spending has risen sharply, the number of political action committees and the amount of PAC spending are up, and incumbents have increased both their reelection rate and the rate at which they outspend their challengers.

Filed Under: Contribution Limits, Contribution Limits, Contributions & Limits, Research, Contribution Limits, Contributions & Limits