About PACs - Political Action Committees

In 1944, organized labor got around federal election laws by urging its union members to contribute money directly to the re-election campaign of President Franklin Roosevelt. The act marked the birth of Political Action Committees, or PACs, as they are known today. Love them or hate them, PACs have become an important and influential part of U.S. politics. What kind of PACs are there and what rules must they follow? Read more here...