The Supreme Court announced Tuesday that it will hear a case challenging the per-biennial cycle limit on campaign contributions from individuals.
The case, McCutcheon v. Federal Election Commission, argues that the limit on what individuals are allowed to give candidates ($46,200 per two-year cycle) and parties and PACs ($70,800 per two-year cycle) is an unconstitutional violation of the individual donor’s free speech rights.
While the last election certainly disproved the narrative, that changes in our campaign finance regulations would allow a certain political party to buy elections from here on out, we can all certainly expect to hear a great deal from those on both sides of this idea in the days ahead. Thoughts?
Obviously, maybe in a roundabout way, foreign money is coming into an American campaign.Sen. John McCain • Criticizing the recent $10 million donation casino magnate Sheldon Adelson made to Mitt Romney’s Super PAC by suggesting that Adelson likely used profits from properties he owns in the Chinese special administrative region of Macau to fund Romney’s campaign. (It’s an issue near and dear to McCain’s heart, as the campaign finance bill that Citizens United largely struck down, McCain-Feingold, bears his name.) The Las Vegas Sands head also played a heavy role in the primaries, heavily funding Newt Gingrich’s electoral efforts. While people from foreign countries cannot fund election efforts, McCain is arguing that efforts like Adelson’s skirt around this, due to the fact that Adelson is the leader of a multinational corporation. Follow McCain’s logic here?
So, to anyone who thinks Reddit is just a bunch of silly videos and a meme machine, here’s probably the most interesting use of the site so far. A Reddit political action committee. Their issues? Net neutrality, campaign finance reform, and a general emphasis on progress before profit. This is why Reddit is different. We don’t see anyone making a DiggPAC. source
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