Book Review on Campaign Finance

A detailed Summary of Book Review on Campaign Finance

Campaign finance reform has already become an issue for debate in this election year's primaries. This matter does not hold a large amount of interest for the average American, it is not an issue that is going to sway a large amount of voters. The book examines all facets of campaign finance including sources of contributions and finance reform. The book then takes a close, hard look at the 1980 presidential election and the 1982 congressional races. The author approaches the subject matter in a very thorough and systematic method. He makes very insightful comments on the state of campaign finance in the early 1980's which are still relevant in this election year because this issue has been an important facet of the primary debates. The book discusses the history of campaign reform from its beginnings in the early 20th century. The book touches on the theoretical aspects of election campaign finance, but is more a study of hard data and facts, the history of campaign spending in a few different periods and the actual evolution and cash explosion that now creates a truly national spectacle.

Alexander begins the book describing why such large amounts of political campaign money is needed. "Since the Republic's founding,

Campaign finance reform has been an issue that has been mumbled about and tossed around for almost a century, however the movement did not have any significant backers until the 1960's. The first mention for reform was made by Theodore Roosevelt. His idea was to simply disclose where and how candidates got there cash to run an election, and in 1907, corporations were banned from contributing, and full disclosure of funds was enacted. Between his administration, all the way until 1961, and John F. Kennedy, presidents had only gone on record advocating reform, while little else changed. In that year, Kennedy established the bi-partisan Commission on Campaign Costs. No reform came from this group, but in 1971 Congress passed the Federal Election Campaign Act (FECA), this act would later be important in the Watergate affair. The bill set limits on individual contributions and required fuller disclosure of campaign finances. After Watergate, new pressures emerged to clean up the practices of candidates running for political offices. In 1974, Amendments to FECA introduced public financing for presidential elections which would give matching funds to whatever total candidates could raise. It gave a flat grant to parties and created further limitations on other expenditures. These amendments also established the Federal Elections Committee (FEC), which was formerly organized the next year.

There were many questions surrounding these new laws which were later answered by the Supreme Court which declared some of the measures unconstitutional. The rule which has allowed George Bush Jr. to go above spending limits in his primary campaign stems from this Supreme Court opinion. The Court found that if a candidate accepted the matching public funds they were to be offered, then they must abide by the new rules. The Court came to this controversial conclusion after deciding that the giving of political

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Approximate Word count = 1290
Approximate Pages = 5 (250 words per page double spaced)

Category: Politics