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what is the mccain-feingold campaign?

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  • 1 decade ago
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    The McCain-Feingold Act, Public Law 107-155, is the US federal law that regulates the financing of political campaigns; chief sponsors were Senators John McCain and Russell Feingold. The law became effective 6 November 2002.

    It is ironic that the legislation is known as "McCain-Feingold" because the Senate version is not the bill that became law. Instead, the companion legislation, introduced by Rep. Christopher Shayes, is the version that became law. Shays-Meehan was originally introduced as H.R. 380.

    The law, also known as the Bipartisan Campaign Reform Act, focused on areas:

    Soft money in campaign financing

    Issue ads and

    Controversial campaign practices during the 1996 federal elections

    Increasing political contribution limits for private individuals

    The law was in development for a long time, first being introduced in 1995. It is the first major change in campaign finance law since the Federal Election Campaign Act of 1971.

    Legislative History

    On 22 January 2001, Sen. John McCain introduced. Eventually, the bill would have 41 sponsors:

    Sen Feingold, Russell D. - 1/22/2001

    Sen Cochran, Thad - 1/22/2001

    Sen Levin, Carl - 1/22/2001

    Sen Thompson, Fred - 1/22/2001

    Sen Lieberman, Joseph I. - 1/22/2001

    Sen Collins, Susan M. - 1/22/2001

    Sen Schumer, Charles E. - 1/22/2001

    Sen Snowe, Olympia J. - 1/22/2001

    Sen Wellstone, Paul D. - 1/22/2001

    Sen Jeffords, James M. - 1/22/2001

    Sen Reed, Jack - 1/22/2001

    Sen Durbin, Richard - 1/22/2001

    Sen Wyden, Ron - 1/22/2001

    Sen Kohl, Herb - 1/22/2001

    Sen Boxer, Barbara - 1/22/2001

    Sen Harkin, Tom - 1/22/2001

    Sen Stabenow, Debbie - 1/22/2001

    Sen Cantwell, Maria - 1/22/2001

    Sen Kerry, John F. - 1/22/2001

    Sen Dayton, Mark- 1/22/2001

    Sen Corzine, Jon S. - 1/22/2001

    Sen Cleland, Max - 1/23/2001

    Sen Nelson, Bill - 1/23/2001

    Sen Mikulski, Barbara A. - 1/24/2001

    Sen Carper, Thomas R. - 1/24/2001

    Sen Feinstein, Dianne - 1/24/2001

    Sen Lincoln, Blanche L. - 1/25/2001

    Sen Carnahan, Jean - 1/30/2001

    Sen Bingaman, Jeff ]- 1/30/2001

    Sen Bayh, Evan - 1/30/2001

    Sen Johnson, Tim - 2/8/2001

    Sen Leahy, Patrick J. - 2/8/2001

    Sen Sarbanes, Paul S. - 2/8/2001

    Sen Reid, Harry - 2/8/2001

    Sen Miller, Zell - 2/27/2001

    Sen Clinton, Hillary Rodham - 2/27/2001

    Sen Edwards, John - 3/8/2001

    Sen Dorgan, Byron L. - 3/14/2001

    Sen Landrieu, Mary L. - 3/14/2001

    Sen Graham, Bob - 3/15/2001

    Sen Dodd, Christopher J. - 3/30/2001

    The Senate passed the bill, 59-41, on 2 April 2001. (Roll Call Vote)

    Democrats voting no:

    Breaux , Hollings , Nelson,

    Republicans voting yes:

    Chafee , Cochran , Collins , Domenici , Fitzgerald , Jeffords , Lugar , McCain, Snowe , Specter, Stevens , Thompson

    On 18 June 2001, the bill was referred to the House Subcommittee on Telecommunications and the Internet, where it sat.

    On 28 June 2001, HR 2356 was introduced in the House. On Valentine's Day 2002, the House approved the bill, 240 - 189. (Roll Call Vote no)

    On 20 March 2002, the Senate concurred with the House version of the bill, by a 60-40 vote. (Roll Call Vote)

    Democrats voting no:

    Breaux (D-LA), Nelson (D-NE)

    Republicans voting yes:

    Chafee (R-RI), Cochran (R-MS), Collins (R-ME), Domenici (R-NM), Fitzgerald (R-IL), Jeffords (R-VT), Lugar (R-IN), McCain (R-AZ), Snowe (R-ME), Specter (R-PA), Stevens (R-AK), Thompson (R-TN)

    The McCain-Feingold-Cochran campaign reform bill is similar to the bills that were debated in the 105th and 106th Congresses. A strong bipartisan majority of both the House and the Senate favors this reform. It contains the following major components:

    A Ban on Soft Money. The bill would prohibit all soft money contributions to the national political parties from corporations, labor unions, and wealthy individuals. State parties that are permitted under state law to accept these unregulated contributions would be prohibited from spending them on activities relating to federal elections, including advertising that supports or opposes a federal candidate. In addition, federal candidates would be prohibited from raising soft money. These provisions would shut down the Washington soft money machine, prohibiting the $100,000, $250,000 and even $500,000 contributions that for the last decade have flowed to the political parties.

    McCain-Feingold-Cochran would also double the amount of "hard" money individuals may contribute to state parties for use in federal elections, from $5,000 to $10,000. It would increase the amount of "hard" money an individual may contribute in aggregate to all federal candidates, parties, and PACs in a single

  • Anonymous
    1 decade ago

    Just google McCain Feingold campaign finance reform..

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