I. Intro
a. In contrast with the presidential election, spending in congressional races has declined since 2006; however, campaign financing in congressional electrons is still equally as important as the presidential election.
b. Money does not buy victory but it certainly doesn’t hurt it; in fact, trends in the United States, especially in the case of the Senate and House elections, the more money challengers can spend when they run against incumbents, the better their chances are of victory.
c. But many citizens wonder where this money comes from. Most people know that the national political parties fund most of the elections; however, most citizens don’t know that that is not the only place funding comes from.
d. Thesis
d.i. Although campaign finance is regulated very closely by the Federal Electron Campaign Act of 1974 (FECA) and the Bipartisan Campaign Reform Act of 2002 (BCRA), there are many ways to finance a campaign besides receiving money from political parties (party in government), including individual citizens, political action committees (PACs), and the candidates’ own resources. In this paper I will be describing these three other ways that a candidate can raise funding for his or her election as well as describe the restrictions that FECA and BCRA have both placed on these different types of contributions.
II. Paragraph 1: Individual Contributions
a. Most of the money contributed directly to candidates comes from individual citizens and it’s been observed that although the number of small donors is growing, the nature of the individual contributor has changed.
b. Before the 1970’s, congressional and presidential candidates were allowed to take unlimited sums of money from any one individual. This caused a growing fear that powerful, wealthy individuals could control the campaigns with their money and also that these individuals were getting something in return for their contributions.
c.