Asked by Alexus Rudel on Jul 20, 2024
Verified
What is the difference between hard money and soft money?
Hard Money
Refers to currency backed by a physical commodity or with intrinsic value, and in politics, to legally specified campaign contributions.
Soft Money
Political contributions made in such a way as to not be subject to federal regulations or limits, often channeled through political parties for "party-building" activities.
- Differentiate between hard money and soft money in campaign finance.
Verified Answer
LL
Lemperouge Lelouch
Jul 21, 2024
Final Answer :
Students' answers may vary.
Hard money , in federal elections, refers to the contributions by individuals and PACs to specific candidates whose campaigns are regulated by the FECA.Soft money refers to campaign funds raised legally by national political parties and used to influence federal elections, while often circumventing federal restrictions on campaign spending.
Hard money , in federal elections, refers to the contributions by individuals and PACs to specific candidates whose campaigns are regulated by the FECA.Soft money refers to campaign funds raised legally by national political parties and used to influence federal elections, while often circumventing federal restrictions on campaign spending.
Learning Objectives
- Differentiate between hard money and soft money in campaign finance.