October 13, 2014

Campaign Finance 40 Years Later

Introduction

campaign financeLast month, supporters of campaign finance reform gathered on Capitol Hill in Washington. Jonathan Ernst/Reuters

On Oct. 15, 1974, Congress enacted the Federal Election Campaign Act Amendments, ushering in the modern era of federal campaign finance regulation. Forty years later, many of those provisions have been struck down as unconstitutional and Supreme Court rulings have paved the way for outside groups to raise and spend more money.

Should what remains of this legislation be used as the foundation for additional reforms, or is the system so badly damaged that lawmakers should start from scratch? What more can be done to curb the influence of money on elections?

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Debaters