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I understand there's a 2600US$ cap on "each gift to a political candidate" and today's ruling doesn't affect this cap. I presume a donor could still give make a
by denzil_correa 13y ago
I understand there's a 2600US$ cap on "each gift to a political candidate" and today's ruling doesn't affect this cap. I presume a donor could still give make a very high donation in multiples of 2600US$. Am I right?
- hga 13y agoNo, the caps on contributions to each "point source", you might call it, e.g. each candidate, remain the same. What was overturned was overall spending limits, that you could only donate a total of X dollars per election or whatever.
- denzil_correa 13y agoNPR is reporting otherwise > Overby says that even with the individual candidate limit still in place, the ruling "[makes] it possible for a donor to give a party leader a check for more than $1 million, with the money getting parceled out in $2,600 amounts to the candidates." http://www.npr.org/blogs/thetwo-way/2014/04/02/298326893/supreme-court-strikes-down-overall-limits-on-political-contributions http://www.npr.org/blogs/thetwo-way/2014/04/02/298326893/sup... I'm confused!
- hga 13y agoSo am I (well, not that much, that NPR would make a mistake biased towards their bias, or outright lie, would be nothing new). That's another "point source", of course, but per this (now slightly out of date) chart from the FEC: http://www.fec.gov/pages/brochures/contriblimits.shtml http://www.fec.gov/pages/brochures/contriblimits.shtml there would seem to be a limit to how much you could send to a "party leader". Maybe it would have to be washed though 200 (!) "political committees" to allow for 1M in 5K max chunks ... which would seem to be a bit obvious. Although that would be a loophole the Congress could close up, assuming it exists. E.g. a limit to the total to a "party leader" or PACs he controls would fly with 8 of the Supremes.