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Congress passed FECA
required broad disclosure of campaign financing -
Watergate Scandal
large amount of money funneled to Nixon through private donations and taking advantage of the system -
Adding Amendments to Enforce FEC
limits contribution to campaigns and expeditures unless candidate accepts public financing. -
Buckley v. Valeo
saying limting contributions is a violation of free speech. -
U.S. Senate killed bills by bipartisan maenvuers
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bipartisan legislation for voluntary spending limits which rewards those who bare soft money was killed by a republican filibuster
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McCain & Feingold want to eliminate soft money but legislation defeated by filibuster
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Campaign Integrity Act
banned soft money ; limits on hard moeny -
Bipartisan Campaign Reform Act
eliminated all soft money
doubled contribution limit on hard money
banned use of corporate or union money to advertise 30 days within a convention and 60 days of an election
