Since national parties may now accept contributions of up to $45,000 per year from multicandidate PACs $97,200 per year from other contributors, the FEC has announced that the parties may now open new accounts for acceptance of these funds.
Every Election is the Most Expensive Election. Or Not. This is a very interesting New York Times article on comparing campaign finance data from one election to the next – there are too many variables and not enough consistent data to draw firm conclusions. In addition, campaign finance laws are constantly changing (and one big reason why firms like this one exist).
This week, the Federal Election Commission announced it would be considering regulations and guidance to the public with regards to the campaign finance portions of the Consolidated and Further Continuing Appropriations Act, 2015 (H.R. 83).
The relevant portions of the bill raise contribution limits to federal political parties. You can read the release here.
There’s no question your average voter hates campaign spending. However, the average voter is also against taking private money out of campaigning and publicly financing campaigns. What’s the answer? I’m not sure anyone has that figured out.