Blame SCOTUS — The Super Rich Flood Elections With Billions In Contributions
In 1976, the Supreme Court ruled in Buckley v. Valeo that “contribution ceilings were a necessary legislative concomitant to deal with the reality or appearance of corruption inherent in a system permitting unlimited financial contributions.” [emphasis added] Thus, the Court upheld the limits on campaign contributions to candidates enacted in response to the Watergate scandals. In 2002, Congress banned […]