• Research Paper on:
    Political Action Committees and Their Influence Upon Campaign Finance

    Number of Pages: 5

     

    Summary of the research paper:

    In five pages this tutorial considers PACs in terms of definition and candidate significance along with their impact upon campaign finance through legislative influence that has been occasionally positive but mostly negative. Six sources are cited in the bibliography.

    Name of Research Paper File: MM12_PGpacs.rtf

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    Unformatted Sample Text from the Research Paper:
    we have followed your instructions.] [Tutorial: We will begin this paper by explaining what a political action committee (PAC) is, i.e., a special interest group. We will then discuss campaign  financing and include examples of how PAC contributions influenced Congressional actions. It is important for the student to include their own research in the final paper and to remember to  cite TPS as a source.] A political action committee (PAC) is described as an organization established for the purpose of helping their chosen candidates win the election (The American  Presidency 2000). Political action committees may be established by any specific group or combination of groups, including unions, corporations and/or other large interest groups such as trial lawyers, pharmaceutical companies  and so on (The American Presidency 2000). The PAC works by collecting contributions from private individuals; they then distribute these funds to the political candidates they want to support (The  American Presidency 2000). PACs are most common in the national Congressional elections (The American Presidency 2000). There are two primary categories for PACs: 1.) those that are concerned mainly about  economic interests and 2.) those wanting to promote specific political beliefs (The American Presidency 2000). There are about 4,000 PACs in the United States (The Economist 1997). Amongst them, they  contribute about one-third of all the funds collected for campaigning (The Economist 1997). There may be a more dangerous group than PACs; these are the groups within the PAC that  pulls away from their PAC to provide needed funds to a candidate (The Economist 1997). For example, companies in a particular industry may act on their own, giving money to  a candidate at the end of a campaign for a media blitz that will often be exactly what that candidate needs to win the election (The Economist 1997). They certainly 

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