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Investments glossary

Political Action Committee (PAC)


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Quotes of the day:

Truth may be stretched, but cannot be broken, and always gets above falsehood, as does oil above water.

— Miguel Cerbantes

Political action committees (PACs) are formed to privately raise money to donate to a political campaign in hopes of influencing the election. Super PACs can raise unlimited amounts of money to influence an election, but they are not permitted to donate directly to a campaign.

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