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Matching funds or public funding

Public money can be given to presidential candidates who agree to limit their spending on the campaign. Contributions from individuals in which the aggregate amount contributed by the individual is $250 or less are eligible to be matched on a dollar- for-dollar basis from the Presidential Election Campaign Fund. This fund includes proceeds from the voluntary check-off of $3 per person from income tax returns of eligible taxpayers. See also Taxpayer check-off system. Read more about Matching funds or public funding

McCain-Feingold

Formally titled the Bipartisan Campaign Reform Act, the McCain-Feingold law is named after its two chief Senate sponsors, John McCain, a Republican from Arizona, and Russell Feingold, a Democrat from Wisconsin, who sought to remove “soft money” as an influence on candidates running for federal office. The law eliminated “loopholes” (or legislative oversights) that in the past allowed the use of soft money to aid candidates running for federal office. See also Hard money/Soft money. Read more about McCain-Feingold