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In the latest in a series of decisions by the
high court that have given big-money donors more influence in U.S. elections,
the justices rejected the overall limits on how much individuals can donate
during a federal two-year election cycle.
The ruling - a 5-4 decision with the court's more
conservative justices in the majority - could have an immediate impact on the
2014 midterm elections, in which Republicans are likely to keep control of the
House of Representatives and are seeking to gain six Senate seats to take over
that chamber.
The decision does not affect rules that limit
donors from giving $2,600 per candidate in primaries and another $2,600 in
general elections. But it does eliminate the "aggregate" donation
limits of $48,600 to candidates and $74,600 to state and local political party
committees during each two-year cycle.
Read the full story: www.reuters.com
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