Political Action Committee (PAC)
A committee that raises money and gives donation on behalf of organizations to political candidates or political parties.
A Political Action Committee (PAC) is a separate entity from a political campaign, political party, or elected official, that raises money to advocate for or against specific issues or candidates in an election. PACs are regulated by the Federal Election Commission (FEC) and must follow strict guidelines relating to transparency and disclosure.
PACs can be categorized into two main types – connected PACs and non-connected PACs. Connected PACs are sponsored by corporations, unions, trade associations, or other organizations that have a stake in influencing policy decisions. Non-connected PACs, on the other hand, are not sponsored by any corporate or labor union entity and exist solely to advocate for specific political causes.
PACs can receive contributions from individuals, corporations, labor unions, and special interest groups, but they are required by law to disclose their expenditures and identify their donors. PACs may contribute funds directly to political campaigns or make independent expenditures to advocate for or against a candidate or issue.
The role of PACs in politics has been subject to much scrutiny and controversy. Critics argue that they erode the integrity of the political process by allowing wealthy donors to wield undue influence on elected officials. However, supporters argue that PACs provide a vital avenue for individuals and groups to engage in the political process and promote their interests and values.
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