Super PACs and the Impact They Have On U.S. Politics
In the year 1944, the Congress of Industrial Organization (CIO) established the first Political Action Committee or the PAC for the purpose of raising funds for the re-appointment of Franklin D Roosevelt as the president. Over the years, the PAC has come to signify a kind of political committee that raises funds in order to cater to the expenses related to the electing and defeating a particular candidate.
What Are Super PACs All About?
Built on the premises of the PAC, the Super PAC gained prominence in the year 2010 post the decision of the U.S. Court of Appeals in the Speechnow.org vs FEC case. According to the decision, the Super PAC will not make any kinds of grants to political parties or to the candidates. They are, however, at perfect liberty to indulge in independent investments in federal groups. These unlimited investment options include election campaigns, establishing communication, advocating a particular candidate and the like.
Impact of Super PACs on U.S. Politics
According to the judgement passed in the Speechnow.org vs FEC case, the government can have absolutely no hold on the independent expenses of corporations made for political objectives. Super PACs, however, have been subjected to certain restrictions. Not only are they restrained from regulating with the concerned candidates, they are also required to disclose the identity of their donors.
The question that now arises here is what has been the impact of the entire Super PAC deal on the political ambiance of the U.S.? Ever since the judgement of the U.S. Court of Appeals, Super PACs have made a move in favor of certain issues- prominent among them being advocating the Republican presidential candidate. Those in favor of Super PACs justify that since the candidates are restricted from establishing coordination with them, free speech that has been protected by the First Amendment is an absolutely just scheme.
However, there is a certain section that disagrees with the entire thing in the light of the $2 billion that is being spent by the Super PACs on the imminent presidential election. The warning that restricts super PACs from coordinating with the candidates has also been put down as being next to impossible by this section.