A Political Action Committee
(PAC) is an organization created for the purpose of campaigning for or against
a political candidate. Money is derived from a number of sources including multi-national
corporations, wealthy individuals and bundlers. As with other aspects of this
section, the actual influence exerted by PACs may well be considered excessive.
At the very least, there is always the potential for an unhealthy relationship
to emerge between those who have money and those who make political decisions.
Many PACs gain contributions
from their employees (in the case of organizations) or their members. This could
be considered undemocratic because not all employees or members would necessarily support that particular candidate. Those
PACs who are not directly connected to a political candidate may also gain
money from everyday citizens, thereby promoting a specific agenda in tune with
its particular cause. There are also leadership PACs (such as Every Republican
is Crucial and AmeriPAC: The Fund for a Greater America) formed by politicians
themselves in order to fund campaigns by other politicians. This might reflect
a degree of shared ideological ground or a semblance of party loyalty.
Leadership PACs are formed for two reasons; to make allies and to make money.
They can also act as something of a sounding board to the party leadership.
Super PACs is a term widely used
within political discourse, although it should be noted that it is not a type
of PAC in itself. Super PACs simply refer to the increase influence of PACs since
the Citizens United case ruled that organizations and corporations hold the
same first amendment rights as individuals. The Citizens United ruling has prized
open the floodgates for an even greater amount of campaign finance within
American politics. During the 2012 campaign, it is estimated that super PACs
spent over $546 million. The crucial point to note of course is that money from
all PACs is categorized as soft money and therefore not subject to regulation
from the FEC. The only legal obligation is that PACs must register their
financial reports with the FEC. Money raised by PACs constitutes the majority
of campaign finance raised in the states, which gives further support to the party
decline thesis.
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