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Soft Money: It’s Elimination From Governmental Campaigns

Soft Money: It’s Elimination From Governmental Campaigns

Soft Money: It’s Elimination from Governmental Campaigns

The current use of soft money in the US Governmental elections is phenomenal.  The majority of candidates funding comes from soft money donations.  Congress has attempted to close these funding loop holes; however they have had little success.  Soft money violates standards set by congress by utilizing the loop hole found in the Federal Election Commission’s laws of Federal Campaigns.  This practice of campaign funding should be eliminated from all governmental elections.
	In 1907 it was considered illegal for any corporation to spend money in connection with a federal election.  In 1947 it was illegal for labor unions to spend any money in connection with any federal election.  And since 1974, it has been illegal for an individual to contribute more than $1,000 to a federal candidate, or more than $20,000 per year to a political party (Campaign Finance).  Congress defined this as a way to prevent the influence of a candidate or federal election.  The so-called “soft money” which is used to fund candidates’ elections is defined as money which violates the Federal Election Commission’s laws on federal elections.  In laments terms a simple loophole

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