What is Political Action Committee (PAC)?
A political action committee (PAC) is an organization that pools campaign contributions and is organized for the purpose of raising and spending money to elect and defeat candidates. The term PAC is mostly used in the US and Canada. Here we will talk about PACs in the US. The legal term PAC has been created in pursuit of campaign finance reform in the United States.
As of October 2018, there are 63,000 PACs active in the US.
Super PACs, officially known as independent-expenditure only committees, may not make contributions to candidate campaigns or parties but may engage in unlimited political spending independently of the campaigns. Unlike traditional PACs, they can raise funds from individuals, corporations, unions, and other groups without any legal limit on donation size.
As of October 2018, 2,226 groups organized as super PACs have reported total receipts of $1,191,193,328 and total independent expenditures of $644,652,217 in 2018.
Here is a list of major of Super PACs in the United States.
As of October 2018, there are 63,000 PACs active in the US.
Super PACs, officially known as independent-expenditure only committees, may not make contributions to candidate campaigns or parties but may engage in unlimited political spending independently of the campaigns. Unlike traditional PACs, they can raise funds from individuals, corporations, unions, and other groups without any legal limit on donation size.
As of October 2018, 2,226 groups organized as super PACs have reported total receipts of $1,191,193,328 and total independent expenditures of $644,652,217 in 2018.
Here is a list of major of Super PACs in the United States.
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