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Detailed text transcripts for TV channel - MSNBC - 20131008:13:03:00

United. that provided a blueprint of how to raise money outside the political party structure. so big money was back, just not inside the two-party system, only on the outside. and today we have yet another supreme court case with the potential of removing another barrier to campaign donations. the case is called mccutchen versus the ftc and it s a direct challenge to donation limits put in place nearly 40 years ago. let me explain the limits they re talking about. federal law limits the total amount you can contribute in a two-year election cycle. so no one individual can contribute more than $123,200 total to all candidates running for federal office 2013 and 2014. there s also a base limit of course in place which says an individual can t donate more than $2,600 directly to any one federal candidate during their campaign cycle primary in general. an important distinction. ....

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