What does soft money mean?

Definitions for soft money
soft mon·ey

This dictionary definitions page includes all the possible meanings, example usage and translations of the word soft money.

Princeton's WordNet

  1. soft moneynoun

    political contributions made in such a way as to avoid the United States regulations for federal election campaigns (as by contributions to a political action committee)

Wikipedia

  1. soft money

    The financing of electoral campaigns in the United States happens at the federal, state, and local levels by contributions from individuals, corporations, political action committees, and sometimes the government. Campaign spending has risen steadily at least since 1990 (for example the average campaign spending for a candidate who won an election to the House of Representatives in 1990 spent $407,600, while the average winner thirty years later spent $2.35 million (approximately $1 million adjusted for inflation); in the Senate, average spending for winning candidates went from $3.87 to $27.16 million (about $13.71 million adjusted for inflation)).In 2020, nearly $14 billion was spent on federal election campaigns in the United States -- "making it the most expensive campaign in U.S. history", "more than double" what was spent in the 2016 election. Critics complain that following a number of Supreme Court decisions -- Citizens United v. FEC (2010) in particular—the "very wealthy" are now allowed to spend unlimited amounts on campaigns (through "Super PACs"), and to prevent voters from knowing who is trying to influence them (contributing "dark money" that masks the donor's identity). Consequently, as of at least 2022, critics (such as the Brennan Center for Justice) allege "big money dominates U.S. political campaigns to a degree not seen in decades" and is "drowning out the voices of ordinary Americans." Public concern over the influence of large donors in political campaigns was reflected in a 2018 opinion poll which found that 74% of Americans surveyed thought it was "very" important that "people who give a lot of money to elected officials" "not have more political influence than other people", but that 72% thought this was "not at all" or "not too" much the case. Another 65% of respondents agreed that it should not be impossible to change this and that "new laws could be written that would be effective in reducing the role of money in politics".Laws regulating campaign donations, spending and public funding have been enacted at the federal level by the Congress and enforced by the Federal Election Commission (FEC), an independent federal agency. Nonprofit, non-governmental grassroots organizations like the Center for Responsive Politics, Consumer Watchdog and Common Cause track how money is raised and spent. Although most campaign spending is privately financed (largely through donors that work in subsidized industries), public financing is available for qualifying candidates for President of the United States during both the primaries and the general election. Eligibility requirements must be fulfilled to qualify for a government subsidy, and those that do accept government funding are usually subject to spending limits on money. Races for non-federal offices are governed by state and local law. Over half the states allow some level of corporate and union contributions. As of 2021, some states have stricter limits on contributions, while some states have no limits at all. Much information from campaign spending comes from the federal campaign database which does not include state and local campaign spending.

ChatGPT

  1. soft money

    Soft money is a term used in political funding to refer to donations that are made to political parties instead of a particular candidate. These donations are typically used to fund general party activities, like voter registration campaigns, rather than to support a specific candidate's campaign. This type of funding does not have the same legal limits, rules and regulations as direct donations to candidates (hard money), which enables interest groups and corporations to contribute more heavily in comparison.

Wikidata

  1. Soft Money

    Soft Money is the second official solo album from American indie hip hop artist Jel. It was released on Anticon in 2006. Produced entirely by Jel, the album features appearances from many of his Anticon colleagues, including Odd Nosdam, Pedestrian, and members of Why? and Subtle, as well as Wise Intelligent of Poor Righteous Teachers and Stefanie Böhm of Ms. John Soda. The album was mixed by Odd Nosdam. Artwork was provided by Adam Drucker and Erin Perry.

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Numerology

  1. Chaldean Numerology

    The numerical value of soft money in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of soft money in Pythagorean Numerology is: 6

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"soft money." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/soft+money>.

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