Monday, October 7, 2013

Much Ado About McCutcheon: The Continuing Erosion of Campaign Contribution Limits

My latest piece is up in Pacific Standard magazine.

Here is an excerpt:

Shaun McCutcheon wants to make political donations to federal candidates. Allow me to clarify; McCutcheon wants to make a lot of political donations to federal candidates. The Republican National Committee, among others, wants him to be able to do so. So what’s the problem?

Currently, McCutcheon can give $2,600 per election directly to a federal candidate, a total of $48,600 per election to all federal candidates, and $74,600 per election to federal political party committees and political action committees, or PACs, that give money to federal candidates. Put another away, McCutcheon (and other individuals) are subject to a $123,200 per election aggregate contribution limit with respect to candidates, political parties, and PACs. McCutcheon, an electrical engineer living in Alabama, would like to change that. The result is the latest and greatest campaign finance question to hit the high court since Citizens United.

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