Hi,
I'm a Brit, so know virtually zero about this, so can anyone tell me where I might find answers to the following, if no one in the forum knows, please? I only need the 'dummies' version, nothing complicated, by the way.
I've looked on opensecrets.org - that's great for telling you who gets what, but doesn't really get to the basics of what I'm looking for.
1. I read that the giving of huge donations was banned in 2002, but that that law was later appealed and revoked/amended. So can, say, $1,000,000+ donations be made to a presidential candidate from one source?
2. If not, can a company/wealthy individual exploit loopholes in the law (by forming a committee or something) so they can give bigger donations than is strictly allowed?
3. When someone pledges a very large amount of money to a presidential campaign, at what point is it handed over? At the moment it's pledged; in instalments; whenever the person pledging wants to?
Any info, no matter how brief, or website links will be most appreciated.
Thanks for your time,
Steve
I'm a Brit, so know virtually zero about this, so can anyone tell me where I might find answers to the following, if no one in the forum knows, please? I only need the 'dummies' version, nothing complicated, by the way.
I've looked on opensecrets.org - that's great for telling you who gets what, but doesn't really get to the basics of what I'm looking for.
1. I read that the giving of huge donations was banned in 2002, but that that law was later appealed and revoked/amended. So can, say, $1,000,000+ donations be made to a presidential candidate from one source?
2. If not, can a company/wealthy individual exploit loopholes in the law (by forming a committee or something) so they can give bigger donations than is strictly allowed?
3. When someone pledges a very large amount of money to a presidential campaign, at what point is it handed over? At the moment it's pledged; in instalments; whenever the person pledging wants to?
Any info, no matter how brief, or website links will be most appreciated.
Thanks for your time,
Steve