Respuesta :

The main reason for the passage of the campaign finance laws was because the finances were related to the use of Public Funds. See further explanation below.

What were the legal explanations for the above?

In Buckley v. Valeo (1976), the Supreme Court held that restrictions on candidate spending and candidate self-financing violated First Amendment guarantees of free speech.

Courts have allowed the president's campaign spending limits to stand because the limits depend on public funds received. Courts upheld limits on individual or PAC contributions; thus, from 1971 to FECA until 2002, individuals and groups were only allowed to make contributions to candidates of no more than $1,000 and no more than $25,000, while PACs were limited to contributions to candidates. Donations up to $5,000.

What is the History of FECA?

Over the last century, there have been four key periods of campaign finance regulation in the United States: '

  1. the period preceding the Federal Election Campaign Act of 1971 (FECA) and its subsequent amendments;
  2. the period following the FECA and its subsequent amendments;
  3. the period The period of FECA step-up regulation, which lasted from 1974 to 2002; the era following the adoption of the Bipartisan Campaign Reform Act (BCRA) in 2002; and
  4. the era following Citizens United v. Federal Election Commission (2010), a US Supreme Court decision that overturned major portions of the BCRA.

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