Whoa, SCOTUS just made another ruling that could change the course of future elections. While Democrats might also benefit, the answer to creating a stronger democracy can't be to flood political campaigns with even more money! All politicians are too beholding to special interests as they are. *sigh* I guess all Campaign Finance Reform laws are moot now, or will be overturned by the Supremes?
From Business Insider
The Supreme Court struck down caps that individuals can make to candidates or political parties during a two-year election cycle, in an opinion issued Wednesday by Chief Justice John Roberts.
The case, McCutcheon v. Federal Election Commission, marks the most consequential campaign finance ruling from the high court since the landmark Citizens United decision in 2010.
Critics immediately denounced the decision, saying it would give wealthy donors more freedom to influence an election.
. . . In 2014, the limit on all contributions was $123,200.
The Supreme Court's decision does not do away with limits on individual contributions to candidates for president or Congress, which now stands at $2,600 an election.
Here is the McCutcheon opinion striking down the aggregate contribution limits, 5-4: http://t.co/79SqmOO2Pz— SCOTUSblog (@SCOTUSblog) April 2, 2014
By a 5-4 decision, the Supreme Court has ruled that the super-rich should have more speech than the rest of us. #SCOTUS— Sen. Barbara Boxer (@SenatorBoxer) April 2, 2014
To be clear, SCOTUS's new ruling maintains the maximum an individual can give to ONE candidate, but strikes down a cycle's aggregate limit.— Taniel (@Taniel) April 2, 2014
Scotus overturns $48,600 ceiling, letting anyone contribute more than that in 2-year cycle. BTW, median household income in U.S. is $51,017.— Steven Greenhouse (@greenhousenyt) April 2, 2014
Note to #SupremeCourt it's We the People, not We the Wealthiest People.— sjcarl (@sjcarl) April 2, 2014
Haven't we all felt so manacled, limited to $123,000 in political contributions every 2 years? #SCOTUS to the rescue! Free the plutocrats!— Lisa Bloom (@LisaBloom) April 2, 2014
How The Supreme Court Just Legalized Money Laundering By Rich Campaign Donors http://t.co/Aa4cvZNkY9— Ian Millhiser (@imillhiser) April 2, 2014
Good thing we have this Supreme Court to protect us against the scourge of activist judges— Michael Cohen (@speechboy71) April 2, 2014
The ghost of the 2000 election showed up today with today Supreme Court ruling http://t.co/A9tYOb9hmF— John Conner (@MotorCityLib) April 2, 2014
SCOTUS strikes down overall limit on campaign contributions. So you can now legally own a person as long as they're a politician.— CC:Indecision (@indecision) April 2, 2014
People are making too big a deal of the #SCOTUS ruling today. Once I'm elected president, there won't be a need for elections anymore.— Speaker Cruz (@HavanaTed) April 2, 2014