It's official; neither party cares about limiting the amount that can be contributed to a campaign. The spending bill that is being voted on in Congress today modifies the contribution limits that apply to gifts to the national parties. As of now, an individual cannot contribute more than 32,400 dollars to either the DNC or the RNC. Assuming the government funding bill passes Congress and is signed into law by president Obama, that maximum figure will be increased to $324,000 per person. That means that a couple can give $638,000, and a family of four can give just under 1.3 million dollars. So much for limiting contributions.
In the last election, the big money donors primarily gave to the Democrats. It really did not help them, as they were crushed by the Republicans on election day. Nevertheless, the increase in the maximum contribution allowed to a national party was increased ten fold at the demand of senator Harry Reid and the Democrats. In many ways, it is rather funny to contemplate this. Reid spent months criticizing the Koch brothers for their contributions to Republican candidates even though he personally gathered cash from all sorts of big money donors. To hear Reid talk, big campaign money is the greatest danger to America, but we know that he only thinks that if the money is given to Republicans. You can be sure that when Reid pushes for increases to campaign contribution limits, it is because he expects that the Democrats will continue to get more of the big buck donors than the Republicans. It's not surprising; the policies of president Obama have favored the very wealthy over the rest of America; that is why the disparities between the super-rich and everyone else have grown more quickly under Obama than under any president in modern times.
In the last election, the big money donors primarily gave to the Democrats. It really did not help them, as they were crushed by the Republicans on election day. Nevertheless, the increase in the maximum contribution allowed to a national party was increased ten fold at the demand of senator Harry Reid and the Democrats. In many ways, it is rather funny to contemplate this. Reid spent months criticizing the Koch brothers for their contributions to Republican candidates even though he personally gathered cash from all sorts of big money donors. To hear Reid talk, big campaign money is the greatest danger to America, but we know that he only thinks that if the money is given to Republicans. You can be sure that when Reid pushes for increases to campaign contribution limits, it is because he expects that the Democrats will continue to get more of the big buck donors than the Republicans. It's not surprising; the policies of president Obama have favored the very wealthy over the rest of America; that is why the disparities between the super-rich and everyone else have grown more quickly under Obama than under any president in modern times.
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