A Minimum of 350 words required with references. Please read and answer all questions.
According to federal finance laws individual contributions to federal candidates are capped at predetermined amounts.
An example: you can contribute $2700 to a Congressional candidate for each primary runoff and general election. (www.fec.gov) In contrast an individual (you) can contribute unlimited amounts of funds towards a Political Action Committee (PAC). According to the Federal Election Commission (FEC) The term political action committee (PAC) refers to two distinct types of political committees registered with the FEC: separate segregated funds (SSFs) and non-connected committees. Basically SSFs are political committees established and administered by corporations labor unions membership organizations or trade associations. These committees can only solicit contributions from individuals associated with connected or sponsoring organization. By contrast non-connected committees as their name suggests are not sponsored by or connected to any of the aforementioned entities and are free to solicit contributions from the general public. (FEC 2015)
Directions: Using at least one specific example address the influence of political action committees on campaigns and elections.
Reference
Federal Election Commission. Quick Answers to PAC Questions. Retrieved from http://www.fec.gov/ans/answers_pac.shtml