meta_pixel
Tapesearch Logo
Log in
Cato Podcast

Campaign Contributions and "Things of Value"

Cato Podcast

Cato Institute

Cato, Peace, Policy, Politics, Markets, Defense, Government, News, News Commentary, 424708, Immigration, Libertarian

4.5979 Ratings

🗓️ 19 June 2021

⏱️ 15 minutes

🧾️ Download transcript

Summary

Campaign finance laws are complicated. They leave well-meaning people on the hook for potential criminal violations. Allen Dickerson of the Federal Election Commission details just one example.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Kator Daily Podcast for Saturday, June 19th, 2021.

0:04.3

I'm Caleb Brown.

0:05.3

What's a thing of value in the context of federal elections?

0:08.9

Is it just direct contributions of goods or money? Is it a public endorsement of a candidate? What about a

0:15.1

particular question and the response to it? It turns out that the answer holds

0:20.3

great implications for not just elections but freedom of speech and foreign policy.

0:25.6

Alan Dickerson is a member of the Federal Election Commission.

0:28.8

We spoke earlier this week about how the FEC resolves these kinds of questions.

0:33.6

You and I understand what a campaign contribution is,

0:38.6

or at least we think we do.

0:40.4

It's money given to a campaign that is then under the control of the campaign and then they use that money to advocate for themselves in an attempt to attract voters to their various policy positions or wishes for the

0:58.0

future of government. How has that idea what constitutes a contribution? How has that changed over time?

1:08.0

Well, I would argue it's changed since the very beginning and this is always the problem is that people have a sense of what these words mean and I think quite often those senses are

1:19.9

are very helpful because they give guidance you know the people who are trying to go out there and engage in politics.

1:25.0

But when Congress, as sometimes happens when you try to take your general understanding of a concept and make it into law,

1:32.0

lots of words get put on pages and complexities arise. So in this particular case, I think what you said is definitely the understanding of a contribution. But the actual law says that it's money or

1:46.3

instruments or basically money or anything of value given for the purposes of influencing a federal election.

1:54.0

And way back in the beginning, I like to call it the original Senate campaign finance law.

1:59.0

The Supreme Court looked at this and they said, well, that can be almost anything.

2:03.0

When you say something of value, we know what money is.

2:06.0

We know that there are brisk markets and kinds of property.

2:10.0

It's not that complicated to assign some sort of monetary value to those things but something of value and you said the Supreme Court had a problem with this characterization.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Cato Institute, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Cato Institute and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.