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Sunday, February 8, 2015

FEC Increases Spending Limits

This happens in off years to adjust for inflation.

However the significant change this year is... I'll let the Wall Street Journal tell you. "In April 2014, the Supreme Court threw out the $123,200 cap on what individuals could give to federal candidates and political committees over a two-year election cycle, saying the limits infringed on First Amendment free-speech rights. Within two weeks, the three national GOP party committees formed a joint fundraising committee allowing them to host events where they could request checks three times the size of what they could accept on their own. Previously, they were not barred from creating a joint committee, but the aggregate limit would usually block individuals from giving the joint effort more than each committee’s cap.Under the new limits, the joint committee—called Republican Victory Fund—can accept as much as $100,200 from an individual person or political entity."

Good. Because I was feeling super bad for rich people's inability to completely buy elections. Read all about it here.
Nance at 12:37 PM

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Nance
Nancy Leeds is a writer and Democratic Campaign Operative who recently earned her MPA in Social Policy and Management at Columbia University. Sometimes people hire her to work on their non-profits and campaigns. When that happens, these opinions are still hers and do not reflect those of her candidates.
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