Definition of superPAC
What is a "superPAC"? What is the definition of the term "superPAC"?
The "superPAC" is a relatively new beast that emerged as a result of two court rulings, including an important 2010 ruling by the Supreme Court.
The "superPAC", which is officially known as an "independent expenditure-only committee", has become an increasingly popular method of influence for special interest groups.
The "superPAC" is like a traditional PAC (Political Action Committee) without many of the restrictions. For instance, a "superPAC" can raise and spend unlimited amounts of money for the sole purpose of supporting or opposing political candidates.
A "superPAC" can directly attack a political candidate. The only caveat is that a "superPAC" is not allowed to coordinate directly with candidates or political parties.
The "superPAC" will be an extremely crucial part of the 2012 Presidential election.
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