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Campaign Finance: An Overview (CRS Report for Congress)

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Release Date Revised April 20, 2007
Report Number RL33580
Report Type Report
Authors Joseph E. Cantor, Government and Finance Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   Revised Jan. 26, 2007 (20 pages, $24.95) add
  • Premium   Revised Dec. 4, 2006 (21 pages, $24.95) add
  • Premium   July 31, 2006 (22 pages, $24.95) add
Summary:

Concerns over financing federal elections have become a seemingly perennial aspect of our political system, long centered on the enduring issues of high campaign costs and reliance on interest groups for needed campaign funds. Rising election costs had long fostered a sense in some quarters that spending was out of control, with too much time spent raising funds and elections 'bought and sold.' Debate had also focused on the role of interest groups in campaign funding, especially through political action committees (PACs). Differences in perceptions of the campaign finance system were compounded by the major parties' different approaches. Democrats tended to favor more regulation, with spending limits and public funding or benefits a part of past proposals. Republicans generally opposed such limits and public funding. […] This report (formerly CRS [Congressional Research Service] Issue Brief IB87020) provides an overview of campaign finance law governing federal elections, issues raised in recent years by campaign finance practices, and recent legislative activity and proposals in Congress, with a focus on the current (109th) Congress. It will be updated as developments warrant.