Today the Supreme Court, in McCutcheon v. FEC, issued a ruling striking down the aggregate limits on individual campaign contributions under the Federal Election Campaign Act. By a 5-4 decision, the court found the restrictions to be a violation of First Amendment rights. Prior to today’s decision, individuals could contribute up to US$48,600.00 to all political candidates and US$74,600.00 to all political action committees and parties over a two-year election cycle period. Also, individuals were limited to a total of US$123,200.00 per election cycle to all candidates, political action committees, and party committees. The Supreme Court’s decision today strikes these limitations.
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