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Dec. 10, 2014

Congress Proposes More Money for Parties

Congress introduced a spending-bill provision that clears up some of the murky laws surrounding how candidates fund their campaigns by giving donors the freedom to contribute more to the Democrat and Republican parties (or an independent party, if they want). “The bill, if passed, would ultimately allow donors to contribute $324,000 to a national party a year – 10 times the current limit,” The Wall Street Journal reports. “In 2014, individuals seeking to donate to a national party were permitted to give up to $32,400 a year directly to the party. … The provision … would severely reduce the impact of the McCain-Feingold Act passed in 2002, which banned party committees from accepting soft money – funds raised outside of federal limits that parties could use for purposes other than advocating for or against a candidate.” Allowing for direct contributions could siphon money from the money going to super PACs – a situation created during Congress’s last round of campaign finance laws fixing the fixes that fixed the fixes that Congress broke in the first place. Then, they have the gall to complain when their laws don’t go according to their wishes (Harry Reid, we’re looking at you). More…

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