Showing posts with label Campaign Funds. Show all posts
Showing posts with label Campaign Funds. Show all posts

Wednesday, April 2, 2014

Supreme Court Rejects Campaign Funding Limits--A Game Changer? --1st amendment is a beautiful thing

April 02, 2014 Campaign Funds , Democrats 0 Comments
(Reuters) - The U.S. Supreme Court on Wednesday struck down a key pillar of federal campaign finance law by allowing donors to give money to as many political candidates, parties and committees as they wish.
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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Friday, March 28, 2014

"Probe: More Reid 'Slush Fund' Payments" --Like getting Capone on taxes What about crooked real estate deals?

March 28, 2014 Campaign Funds , Clark County 0 Comments
Sen. Harry Reid
By Drew MacKenzie, Mar. 27, 2014, Newsmax

Senate Majority Leader Harry Reid is at the center of a growing political controversy after it was revealed Thursday that more payments from his campaign funds had been made to his granddaughter than previously reported.

The Nevada Democrat promised earlier this week to reimburse $16,787 his campaign gave to Ryan Elisabeth Reid in 2013 for what was described as payments for “holiday gifts.” Those payments were reportedly made to purchase items from Ryan Elisabeth Reid, who has her own line of jewelry. Reid defended the payments, saying they complied with Federal Election Commission standards that allow the purchase of goods from relatives if those goods are sold at fair market value.

Jahan Wilcox, a Republican National Committee spokesman, decried Harry Reid's use of campaign monies as a "personal slush fund."

 Read the full story:  www.newsmax.com

Related:  Harry Reid Shady Deals
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