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Open Access. Powered by Scholars. Published by Universities.®

2003

University of Michigan Law School

First Amendment

Ackerman (Bruce)

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Full-Text Articles in Law

The Campain-Finance Crucible: Is Laissez Fair?, Jamin B. Raskin May 2003

The Campain-Finance Crucible: Is Laissez Fair?, Jamin B. Raskin

Michigan Law Review

The 2001 passage of the Bipartisan Campaign Reform Act ("BCRA"), popularly known as "McCain-Feingold," set the stage for a momentous constitutional conflict in the United States Supreme Court in the 2003-04 Term. Among other things, the new legislation bans "soft money" contributions to the national political parties by corporations, labor unions, and individuals; prohibits state parties that are authorized to accept such contributions to spend the proceeds on activities related to federal elections; forbids federal candidates to participate in raising soft money; doubles the amount of "hard money" an individual can contribute in a federal election from $1,000 to $2,000 …