Living with the FECA: Confessions of a Sometime Campaign Treasurer

Michael S. Berman

The ANNALS of the American Academy of Political and Social Science, 1986, vol. 486, issue 1, 121-131

Abstract: Presidential campaigns now require the use of substantial legal and accounting resources principally to assure compliance with the Federal Election Campaign Act. The act was designed to reassure the American public that the federal election process was not irreparably corrupted, and, in presidential campaigns, to provide a more level playing field in the accumulation and use of funds. It may be now that the act has become a burden on the process. Contribution limits, certain matching-fund rules, and state expenditure limits in early primary and caucus states have caused candidates to find creative ways to avoid their impact. The rules governing expenditure of funds on grass-roots activity, the heart of American politics, have become far too complicated. All of this means that a person must think twice before taking on the responsibility of being the treasurer of a presidential campaign.

Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:486:y:1986:i:1:p:121-131

DOI: 10.1177/0002716286486001010

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