Number: 98-255 Title: Political Action Committees: Their Role in Financing Congressional Elections Authors: Joseph E. Cantor, Government and Finance Division Abstract: Political action committees, or PACs, are legal entities through which interest groups raise and spend money in elections. They constitute one of four major sources of funds in congressional elections. While PACs proliferated and became an issue in the 1970s and 1980s, interest groups have long played a major role in funding American political campaigns. Pages: 6 Date: July 11, 2003