![]() ![]() Under the old regime, a major donor could not have spent more than $123,200 per election cycle on direct political contributions to federal candidates and political committees. But the fundamental dynamic shaping our campaign finance system today - the legally enforced advantage that outside groups hold over political parties - will remain largely undisturbed by McCutcheon. Those few can now knock themselves out with profligate political giving. ![]() There are relatively few people who are rich enough to spend more on political contributions than the pre- McCutcheon limits allowed and who have the ideological motivation to do so. It probably will not have a dramatic effect on the campaign finance system, however. FEC, 1 striking down longstanding limits on the overall amount an individual could spend on federal political contributions, will further loosen the reins on major political donors. ![]() Supreme Court’s recent decision in McCutcheon v. ![]()
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