Political Action Committee (Super PAC)

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Definition of 'Political Action Committee (Super PAC)'

A political action committee (PAC) is a type of organization that raises and spends money to influence the outcome of elections. PACs are not allowed to contribute directly to candidates, but they can spend money on independent expenditures, such as advertising, that support or oppose candidates.

Super PACs are a type of PAC that was created by the Supreme Court in 2010. Super PACs are not subject to the same contribution limits as traditional PACs, and they can raise unlimited amounts of money from individuals, corporations, and unions. Super PACs can also spend unlimited amounts of money on independent expenditures.

The rise of Super PACs has been controversial. Some people believe that Super PACs give wealthy individuals and corporations too much influence over the political process. Others believe that Super PACs are a necessary way for people to express their political views and to hold elected officials accountable.

The debate over Super PACs is likely to continue for some time. However, one thing is clear: Super PACs have become a major force in American politics.

Here are some additional details about Super PACs:

* Super PACs can be formed by any individual or group of individuals, as long as they are not a candidate for office.
* Super PACs must register with the Federal Election Commission (FEC).
* Super PACs must disclose their donors to the FEC.
* Super PACs can raise money from individuals, corporations, and unions.
* Super PACs can spend unlimited amounts of money on independent expenditures.
* Super PACs cannot contribute directly to candidates.
* Super PACs cannot coordinate their activities with candidates.

The rise of Super PACs has had a significant impact on the political process. Super PACs have given wealthy individuals and corporations more influence over the political process. They have also made it more difficult for candidates to raise money from small donors.

The debate over Super PACs is likely to continue for some time. However, one thing is clear: Super PACs have become a major force in American politics.

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