Money raised and spent according to FECA rules is called:

Question

Quizplus · Accepted Answer

Money raised and spent according to Federal Election Campaign Act (FECA) rules is called hard money. Hard money is subject to strict limits and regulations, including limits on the amount individuals and political action committees (PACs) can contribute to candidates and political parties. Soft money, on the other hand, is money raised and spent outside of FECA rules, usually by interest groups and advocacy organizations. Independent expenditures refer to spending by outside groups on behalf of or against a specific candidate, while super PACs are political action committees that can raise unlimited amounts of money from corporations, unions, and individuals as long as they do not coordinate directly with a candidate or campaign.

Money Raised and Spent According to FECA Rules Is Called