RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Excellent: US Supreme Court strikes down overall donor limits Wed Apr 02, 2014 8:47 pm | |
| The US Supreme Court has struck down overall contribution limits for individual political donors.
The court ruled 5-4 that individuals could give to candidates, parties and political groups without observing an overall cap of $123,200 (£74,000).
The ruling leaves in place the limit on how much a donor can give to a single candidate - currently $2,600 (£1,560).
The decision is the latest in a series which have loosened restrictions on US campaign finance.
Contribution limits were established by Congress in the 1970s in an attempt to restore the public's faith in government after President Richard Nixon's resignation in the Watergate scandal.
http://www.bbc.com/news/world-us-canada-26855657#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
|
|