People often bemoan the amount of money that is spent by interest groups' efforts to influence elections. Should interest group spending be regulated or is it a matter of free speech (and thus groups should be able to spend whatever they like

The interest groups on the first Amendment allowed people to assemble together to speak their opinions and rights.

In 1971 the Federal Election Campaign Act was passed, setting limits on how people donate money in public disclosure of campaign.

Explanation:

People or individual would concur with me that interest groups under the Constitution have their right to encourage  a particular point of view. What most people do not agree at some point, however, this is  the level  that some interest group influence activities  preserved under the First constitution,

In addition to rights of  free speech the First constitution allows people the right to come together. for example  pluralists states that assembling in groups is normal and that people will tend to move toward others with same views

As of today, the debate about interest groups often circulates around whether the First Amendment shields the rights of groups and individuals to lend money, and if  government can control the use of this money.

In 1971, the Federal Election Campaign Act was passed, setting limits on how much money presidential and vice-presidential candidates and their families could provide for their own campaigns.it also made unions and cooperation's to form PACs and expected  public disclosure of campaign donations and their sources.

In 1 the year 1974, the act was modified in a way to control the amount of money used on congressional campaigns.