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The History of Campaign Finance Reform
The federal election campaign act was passed into law in 1971, and it went into effect on April 7, 1972. The FECA required that all campaigns report all of their incoming and outgoing finances. It also laid out a lot of regulations for how PACs operated. This led to a lot of problems because there wasn't any kind of regulatory agency or body that could really keep an eye on these rules.
The second part of our campaign finance history starts with both a scandal and reform linked to Theodore Roosevelt, and carries through to more recent Supreme Court rulings.
Research:
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