Conservative Political Forum

General Category => Political Discussion and Debate => Topic started by: walkstall on November 03, 2014, 03:08:11 AM

Title: Money talks: Midterm spending super-charged by new method
Post by: walkstall on November 03, 2014, 03:08:11 AM
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snip~
Previously, individual donors were restricted from giving more than $123,000 to candidates, political party committees and political action committees during a two-year election cycle. But a U.S. Supreme Court ruling in April in the case McCutcheon v. FEC struck down those restrictions.

That has super-charged donations to so-called joint fundraising committees, or JFCs, which increasingly allow donors to disburse large amounts of money across multiple political interests. Contributors donate one sum that committees distribute among candidates, party committees, political action committees and other groups.


more @
http://www.cnbc.com/id/102136708?__source=xfinity (http://www.cnbc.com/id/102136708?__source=xfinity)|mod&par=xfinity#.