Money in the US electoral process (Federal Election Campaign Act 1971 (TV:…
SOFT MONEY- Money which was created by loopholes and so is unregulated. It comes in forms of money that is contributed to parties for'general political activities' and as 'sending on behalf of the candidates'. (independent expenditures)
HARD MONEY- Money which its directly contributed to campaigns and so can be regulated by the FEC.
PAC- The financial wing of a PG, official ways a PG can donate to a campaign. 2012, PACs in the finance, insurance and real estate sector gave $71mn to candidates.