https://www.fec.gov/help-candidates-and-committees/candidate-taking-receipts/contribution-limits/
Look at it it is obvious. An individual can donate at most $2,900 to a particular candidate, but broader party support, between the various ways you can do it, support doesn't hit a limit until $375,000 when you add up the "additional national party committee accounts." It may be more if I'm misreading the footnote if the difference between senate party national committee vs house party national committee vs general party national committee that the footnote makes refrence to changes the "additional national party committee accounts" to be three fold the three kinds of accounts it mentions. But I chose to be conservitive with my math. It could be three times higher.
The gray area is candidates' leadership PACs. Those were initially intended to help other like minded candidates in the party so they sit in between contributing to a candidate and the party. So yeah, you can donate additional to the candidate if its done in a way that's controlled by the party and for the party, but raised in their name. Some of it might get dispensed back to them, if whoever control the pac bearing their name actually likes them.
But now you see how the parties instead of candidates that pursue the specific interests they were elected to pursue have power. You can't support a candidate at the exclusion of the party to the same degree you could give money to the party.
Let's get Congress to vote to fix this. I'm sure Mitch McConnel will allow it on the Senete floor.
https://www.fec.gov/help-candidates-and-committees/candidate-taking-receipts/contribution-limits/
Look at it it is obvious. An individual can donate at most $2,900 to a particular candidate, but broader party support, between the various ways you can do it, support doesn't hit a limit until $375,000 when you add up the "additional national party committee accounts." It may be more if I'm misreading the footnote if the difference between senate party national committee vs house party national committee vs general party national committee that the footnote makes refrence to changes the "additional national party committee accounts" to be three fold the three kinds of accounts it mentions. But I chose to be conservitive with my math. It could be three times higher.
The gray area is candidates' leadership PACs. Those were initially intended to help other like minded candidates in the party so they sit in between contributing to a candidate and the party. So yeah, you can donate additional to the candidate if its done in a way that's controlled by the party and for the party, but raised in their name. Some of it might get dispensed back to them, if whoever control the pac bearing their name actually likes them.
But now you see how the parties instead of candidates that pursue the specific interests they were elected to pursue have power. You can't support a candidate at the exclusion of the party to the same degree you could give money to the party.
Let's get Congress to vote to fix this. I'm sure Mitch McConnel will allow it on the Senete floor.
(post is archived)