Wasn the Bipartisan Campaign Reform Act (sponsored by Senators McCain and Feingold) supposed to ban all this soft money?
The politicians told us that it would, but really it only banned political parties from raising soft money. One of the big critiques of the bill at the time it passed was that soft money would simply move from the parties to these outside 527 groups. The proponents of McCain-Feingold thought this wouldn’t happen because politicians would no longer be asking for the money. That seems pretty naïve. Unfortunately, while the bill didn’t ban soft money, it did double the limits on hard money, making a bad situation worse.
Related Questions
- Doesn the failure of the Bipartisan Campaign Reform Act to ban all soft money prove that its hopeless to get big money out of politics?
- Wasn the Bipartisan Campaign Reform Act (sponsored by Senators McCain and Feingold) supposed to ban all this soft money?
- What is the Bipartisan Campaign Finance Act of 2002?
