Voting Blogs: The McCutcheon Case: Hard money, soft money and now something in between? | More Soft Money Hard Law
Campaign finance regulation in the United States is complex, and judges have begun to complain about it. Most famously, Justice Kennedy spoke about the proliferating and abstruse rules in his opinion for the Court in Citizens United. At oral argument in a recent case, Justice Scalia suggested that no one really understood the law. The complexity of campaign finance rules is not just the handiwork of the regulators: the Court’s own doctrine can be hard to fathom. Once there was supposedly a clear distinction between “contributions” and “expenditures,” but this is no longer quite the case. And the line that once separated legal, clean “hard money” from illegal “soft money” may soon be harder to discern, after the Court has decided the pending case of McCutcheon v. Federal Election Commission. The hard money/soft money distinction became the central focus of the campaign finance discussion in the 1990s. Hard money was understood to mean funds raised and spent within election law requirements—funds “subject to the [Federal Election Campaign] Act’s disclosure requirements and source and amount limitations.” McConnell v. Federal Election Commission, 540 U.S. 93, 122 (2003). Soft money was the unregulated funding, “beyond [federal law’s] reach” that parties and groups used to influence federal election campaigns. McConnell at 128. According to critics, soft money was imported into federal races through ingeniously devised loopholes, or simply disregard of the law. Hard money limits offered protections against corruption; soft money was effectively unlimited and overwhelmed those protections.