Tag Archives: Supreme Court Strikes Down Limits On Overall Campaign Contributions

Supreme Court Strikes Down Limits On Overall Campaign Contributions – 2 April 2014

RT logoA 5-4 split decision handed down Wednesday morning by the Supreme Court of the United States has invalidated a long-standing law that limited the overall amount of money US citizens can contribute to political campaigns each election cycle.

The landmark ruling in the case of McCutcheon v. Federal Election Commission will not directly impact a law that currently keeps Americans from legally being able to contribute more than $2,600 apiece to individual candidates running for federal office each two-year period. It does, however, erase a so-called “aggregate cap” of $123,200 that up until now prevented people from contributing a combined total of more than $48,600 to the candidates of their choice and $74,000 on parties and Political Action Committees, or PACS, each cycle.

Read the full story at: www.rt.com /link to original article