The Supreme Court on Wednesday struck down biennial aggregate campaign contribution limits. For 2014, the overall limit was $123,200. There was a lower limit of $74,600 for donations to PACs and party committees (of which no more than $48,600 could be given to a nonnational party committee). And donors could give, at most, $48,600 to all candidates. At this point, the court hasn’t touched the limits to individual candidates. So, what’s the impact of this decision? Here are a few data points.
First, the parties will become more powerful. Over the past few elections, most people looking to get around donation limits gave tons of money to Super PACs. Now contributors can ingratiate themselves with a party by giving directly. Along the same lines, major bundlers (e.g. those who have a habit of getting ambassadorships) will gain more pull.
A Few Data Points on the Supreme Court’s Donor-Limit Decision | FiveThirtyEight
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