McCain-Feingold Act
Bipartisan Campaign Reform Act of 2002
§ LEGISLATIONcampaign finance· 2002
What It Did
Banned national party committees from raising or spending soft money (unlimited, unregulated donations) and restricted electioneering communications — broadcast ads mentioning a federal candidate — within 30 days of a primary or 60 days of a general election. Key provisions were later struck down by Citizens United.
The Vote
House · 240–189 (passage)
D
198 YEA · 12 NAY
R
41 YEA · 176 NAY
Senate · 60–40 (passage)
D
48 YEA · 2 NAY
R
11 YEA · 38 NAY
Key Sponsors
→ John McCain (R-AZ) · Senate
→ Russ Feingold (D-WI) · Senate
→ Christopher Shays (R-CT) · House
→ Marty Meehan (D-MA) · House
Sources: Congress.gov · VoteView · FRED
In the Years Following
Economic indicators related to this law, showing 5 years before through 10 years after.
Corporate Profits After Tax
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CPI — All Items
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Many factors influence economic outcomes. This chart shows trends in the years surrounding this legislation — not necessarily caused by it.