Question

What is the difference between “hard money” and “soft money”?

Answer 1

"Hard money" and "soft money" are terms used to describe different types of political campaign contributions in the United States.

Hard money refers to contributions that are made directly to a candidate or political party and are subject to federal regulations, including limits on the amount that an individual or organization can donate.

Soft money, on the other hand, refers to contributions that are made to political parties or organizations for "issue advocacy" or voter mobilization efforts, rather than directly to a candidate. Before being banned in 2002, soft money contributions were not subject to the same federal regulations as hard money, and could be made in unlimited amounts.

Answer 2

Hard money is a type of campaign funding that is regulated by the Federal Election Commission and is directly given to political candidates or parties. The donations are limited and transparent. Soft money, on the other hand, is unregulated funding given to political parties or organizations for generic party-building activities like advertising or voter outreach.

Answer 3

Hard money" refers to physical currency or assets with intrinsic value, such as gold or silver. "Soft money" refers to currency that has no intrinsic value and is based on trust, such as fiat currency issued by governments.

Answer 4

Hard money refers to physical currency or assets, typically backed by a tangible commodity like gold. Soft money, on the other hand, refers to currency that has no intrinsic value and is not backed by a physical asset, such as fiat currency issued by governments.