Thursday, April 3, 2014

Supreme Court Campaign Finance Decision

"On Wednesday, the Supreme Court released another ruling on campaign donations," writes Ashe Schow @ the Washington Examiner.
Naturally, those who fundraise off the idea that donating to campaigns equals more free speech for the wealthy were apoplectic.

So, for those screaming about “bribery” and “money in politics,” here’s a simple breakdown of the decision:

1. You can now donate to as many candidates, committees and PACs as you want.

2. You can still only donate $2,600 to each candidate.

The decision struck down the limits on total campaign donations - currently set at $74,600 for committees and PACs and a separate $48,600 cap on direct candidate contributions.

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