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Hard money consists of campaign contributions tracked and regulated by the Federal Election Commission. Soft money, on the other hand, are those donations not subject to FEC guidelines (e.g., party building, get out the vote activities). While the Republican National Committee and the Democratic Congressional Campaign Committee compose the largest fundraising arms of each party, there are several others at both the federal and state level. Using the link below, explore the party fundraising activities of various committees in this election cycle (2018). You can explore total independent expenditures, total receipts, etc.
https://www.opensecrets.org/parties/topparties.php?cmte=&cycle=2018
Select a committee and discuss their financial involvement in campaigns. What is the purpose of this PAC? Has the amount of money raised/spent by this committee increased/decreased recently? Why do you think that is? On most reports you’ll see PAC Contribution Data. Are there any notable recipients or donors connected to this PAC? Overall, how successful do you think this committee has been in achieving their aims?
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https://www.opensecrets.org/orgs/summary.php?id=D000021957
For this post I looked at the Democratic Congressional Campaign Committee. Acording to the DCCC’s website “The DCCC is the official campaign arm of the Democrats in the House of Representatives. The only political committee in the country whose principal mission is to support Democratic House candidates every step of the way to victory.” In 2018 the DCCC has contributed $264,425 in total to Democratic House nominees.
While $264,425 is a Significant amount of money the DCCC contributed 3.2 million dollars to Democratic candidates in 2006. The amount allotted to candidates has steadily decreased. The DCCC has been spending big this cycle when it comes to contributions to committees. In 2018 the DCCC contributed $2,284,395 to committees such as ActBlue Technical Services. Nevada congressional candidate Susie Lee has been given the most by the DCCC as of yet. I expect the DCCC’s efforts to be evident by the presence or lack of a “blue wave”.
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