Wednesday, April 2, 2014

Supreme Court Lifts Cap on Total Campaign Donations to Federal Candidates

Posted By on Wed, Apr 2, 2014 at 9:11 AM

The U.S. Supreme Court swung open the doors this morning to individual political donors by lifting the caps on how much individuals can give to candidates, parties and political action committees during a two-year election cycle.

The biggest change will be that a single donor will now be able to give the maximum amount allowed by law to as many federal candidates, parties and committees as he or she wishes. The five justices appointed by Republican presidents made up the majority of today's ruling and the four justices appointed by Democratic presidents dissented.

Today's decision in McCutcheon v. the Federal Election Commission is just the latest in an ongoing challenge to how money lords over U.S. politics. Simply put, today's ruling puts more power in the hands of the nation's wealthiest donors to have a greater impact on federal elections.

However, today's decision does not alter the current limits on individual contributions to candidates for president or Congress, which currently stands at $2,600.

But there is no longer a cap on all contributions, which up until today was set at $123,200.

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