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Give that much and in the past have given up to the aggregate limit. if you take into account the whole two-year cycle $123,200. that is one in 4 million americans but it is 1 in 6 billionaires. the coch brothers and others are among that class. we were a country that was founded on, you know, let s remove tyranny, let s remove kings, but there used to be this concept of divine right of kings. now we have this divine right of corporations and divine right of the .01%. i don t think the american public agrees with that. this is useful. let me dig down on this a little bit. i like the idea that we were founded on this democratic ideal. we were founded on the democratic ideal penned by a slave owner. certainly at no point less than 100 years of women having full citizenship rights. we re always sort of striving towards this perfection. the question is whether this decision pushes this back. i like both of what you said ....
Corporations and unions can spend unlimited amounts of money to influence elections. the mccutcheon decision keeps in place caps on how much a person can give to any one candidate, a party committee, but it eliminates the overall cap on contributions to candidates and committees over a two-year period. before today, that aggregate limit was $123,200. as of today, that limit is history. a single donor can give millions of dollars directly to candidates and party committees every election cycle. in fact, they only need to write a single check to a joint fund-raising committee which can then distribute the money across the country. and that goes to the crucial aspect of all this. until now, someone who wanted to dump millions of dollars into an election cycle had to funnel their cash through outside spending groups. like the koch brothers backed americans for prosperity. now, thanks to the supreme ....
The mccutchen decision keeps in place caps on how much a person can give to any one candidate, a party committee, but it eliminates the overall cap on contributions to candidates and committees over a two-year period. before today, that aggregate limit was $123,200. as of today, that limit is history. a single donor can give millions of dollars directly to candidates and party committees every election cycle. in fact, they only need to write a single check to a joint fund-raising committee which can then distribute the money across the country. and that goes to the crucial aspect of all this. until now, someone who wanted to dump millions of dollars into an election cycle had to funnel their cash through outside spending groups. like the koch brothers backed americans for prosperity. now, thanks to the supreme court, wealthy donors can distribute millions directly to a political party which gives the donors more direct influence over the political process. ....
Laws since the 2010 citizens united decision which said corporations and unions can spend unlimited amounts of money to influence elections. the mccutcheon decision keeps in place caps on how much a person can give to any one candidate, a party committee, but it eliminates the overall cap on contributions to candidates and committees over a two-year period. before today, that aggregate limit was $123,200. as of today, that limit is history. a single donor can give millions of dollars directly to candidates and party committees every election cycle. in fact, they only need to write a single check to a joint fund-raising committee which can then distribute the money across the country. and that goes to the crucial aspect of all this. until now, someone who wanted to dump millions of dollars into an election cycle had to funnel their cash through outside spending groups. like the koch brothers backed americans for prosperity. now, thanks to the supreme court, wealthy donors can distribut ....
Yesterday, the supreme court struck down one of the limits, getting rid of what had been a ceiling of $48,600 in donations to all candidates for federal office, and $74,600 to political parties and pacs. for a combined total of $123,200 in any two-year election cycle. in a 5-4 ruling, the majority said political spending is a form of free speech, and chief justice john roberts said, quote, the government may no more restrict how many candidates or causes a donor may support than it may tell a newspaper how many candidates it may endorse. in an unusual oral dissent from the bench, justice steven breyer warned, if the court in citizens united opened a door, today s decision may well open a floodgate. now, republicans believe this is a big win for them in the short term, and in the short term, it is. the history of campaign spending tells us, if one party has an advantage in one cycle, in the next cycle, the other party catches up in a hurry. in the long term, it means ....