McCutcheon decision not boding well with WMNF listeners
The US Supreme Court this week struck down overall limits on campaign contributions, but left in place limits on how much can be dolled out to individual candidates.
The justices said in a 5-4 vote that Americans have a right to give the legal maximum to candidates for Congress and president, as well as to parties and PACs, without worrying that they will violate the law when they bump up against a limit on all contributions, set at $123,200 for 2013 and 2014. That includes a separate $48,600 cap on contributions to candidates. But their decision does not undermine limits on individual contributions to candidates for president or Congress, now $2,600 an election.
This smacks of the controversial citizens united ruling that gave rise to super pacs and raises more questions about the growing ability of wealthy individuals and deep pocketed corporations and special interests to use their buying power to out voice the common Joe Schmo.comments powered by Disqus