Political Communication and Campaign Finance Reform

Ten years ago, the United States held its first billion-dollar election -- that was roughly the amount spent by all candidates for Congress and the presidency put together. The same year brought the first large-scale campaign finance scandal since Watergate, best remembered for the almost accurate metaphor of President Bill Clinton selling overnights in the Lincoln Bedroom in exchange for large contributions to the Democratic Party. And both took place at a time when Americans were deeply disconnected from politics;… more

"The billion-dollar election." Get used to that phrase, because you’ll be hearing it a lot over the next year and a half. That’s the total that all candidates for the presidency are expected to spend on their campaigns between now and 2008. It’s a staggering figure that critics will surely cite as evidence that money has thoroughly corrupted politics. Newt Gingrich shocked the bluenoses back in 1996, when he said that there was too little money in politics, not too… more

It takes a lot of money to run for many political offices today. Such high barriers to entry, along with disturbing levels of corruption, show not only the need to offset the influence of money in politics, but also for new approaches and rationales for campaign finance regulation. The Political… more