Soft money

Soft money

Soft money refers to political funds raised outside the regulations and laws of the Federal Election Campaign Act, and has been the main target for advocates of campaign finance reform.

Soft money had to be deposited in non-federal party accounts at state level and could not be used in connexion with federal elections. A series of legal loopholes were used to get around this technicality, until the practise was banned by the McCain-Feingold law in 2002.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Government
Category: U.S. election
Company: BBC
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Related terms

soft money

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