Financing the 1988 Election

What cost more than $2,7 billion and increased 50 percent over levels just four years earlier? Campaign-related spending during the 1987-1988 U.S. election cycle topped all previous records, not only in amount but also in ingenuity. The 1988 election saw the advent of a wide variety of political funding vehicles, some of which demonstrate the inventiveness of political actors in circumventing the laws of campaign finance and continue to provoke controversy and demands for further regulation...