Theoretically, one person can now give $5,200 to each of the 535 members of Congress -- about $2.78 million -- though it's hard to imagine why anyone would do that. But there is no limit on how many PACs can exist, so there's practically no limit to how much influence a single donor can now wield through them.
"It starts to feel like a story that's so far removed not only from the average citizen but even the average citizen of the upper class," said Jessica Levinson, a money-in-politics expert at Loyola Law School.
"Now it essentially becomes the cost of business to give huge amounts of money," she said, adding only the richest will be able to keep up.
Some donors who made this rarefied list might want to change their telephone numbers.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.