By Luke Wachob
A new report analyzing the policy implications of the Supreme Court’s biggest campaign finance case of the year, McCutcheon v. FEC, suggests that the controversy surrounding the decision is severely overblown.
Prior to the case, few people seemed to care about, or even be aware of, aggregate contribution limit laws, which limit how much individuals can contribute not to one candidate, PAC, or party, but to all candidates, all PACs, and all parties combined over a two-year period.
Despite the law’s obscurity, the Court’s decision that the federal aggregate limits are unconstitutional provoked all the usual outrage against a First Amendment victory – hyperbolic condemnations, hysterical political leaders, and Left-stream media hyperventilation.