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Answer :
Final answer:
The timeline reflects the process of campaign finance reform in the U.S., from the establishment of the FEC in 1975, through the passing of the BCRA in 2002, to the Supreme Court's decision in Citizens United v. FEC in 2010.
Explanation:
The timeline reflects the process of campaign finance reform in the United States. In 1975, the Federal Election Commission (FEC) was established to enforce campaign finance laws. Despite this, political parties and action committees discovered loopholes to donate large sums.
This led to the introduction of the Bipartisan Campaign Reform Act (BCRA) or McCain-Feingold Act in 2002, which imposed restrictions on donations to political parties. However, in 2010, the Supreme Court's controversial ruling on Citizens United v. FEC removed corporate spending limits, arguing that the BCRA violated a corporation's free speech rights.
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