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Real0ne -> RE: FEC slams Trump for $19 million illegal campaign contributions (1/15/2017 12:38:55 PM)
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On Jan. 1, the contribution limits reset for the party committees, and the Hillary Victory Fund can go back to its donors for another $350,000 in party funds.
All told, a single donor can give more than $700,000 for the election. That's serious money, according to campaign finance lawyer Brett Kappel. He said, "It also shows you where campaign finance law has gone. We're now back in the era of soft money."
"Soft money" was the term for unregulated contributions to the party committees in the 1980s and '90s. The soft money system led to corruption cases in both major parties, and Congress barred party committees from raising it in 2002.
But eight years later, the Supreme Court gave unregulated money a new path with Citizens United and other court decisions.
In a 2014 ruling in the case McCutcheon v. FEC, the Supreme Court elevated the importance of joint fundraising committees between campaigns and parties, such as the Hillary Victory Fund.
Campaign finance law had previously set an overarching limit on how much one person could give to federal candidates and the major parties — combined — in one election cycle. In McCutcheon, the Supreme Court said that limit was unconstitutional. As in other rulings, the court said removing the limit didn't raise questions of corruption.
http://www.npr.org/2015/12/23/460762853/how-hillary-clinton-could-ask-a-single-donor-for-over-700-000
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