Supreme Court Strikes Down Ban on Aggregate Campaign Donations

New York Times: “The Supreme Court on Wednesday issued a major campaign finance decision, striking down limits on federal campaign contributions for the first time. The ruling, issued near the start of a campaign season, will change and most likely increase the role money plays in American politics.”

“The decision, by a 5-to-4 vote along ideological lines, … said that overall limits of $48,600 every two years for contributions to all federal candidates violated the First Amendment, as did separate aggregate limits on contributions to political party committees, currently $74,600.”

“The decision chipped away at the central distinction drawn by the Supreme Court in its seminal 1976 campaign finance decision, Buckley v. Valeo.”

Federal law continues to ban contributions by corporations and unions.”

“Wednesday’s decision may increase overall campaign spending, but it may also rechannel some of it away from “super PACs” and toward candidates and parties.”