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One of the most alarming aspects of a possible default is also one that gets the least attention: A default would raise the cost of federal borrowing, perhaps for years to come, and send the deficit soaring. If Treasury securities become, well, less secure, the United States will have to pay

Removing the limits on total campaign contributions by a single donor, a restriction now before the Supreme Court, would lead to a huge increase in giving by a small group of very wealthy Americans, according to a new report released Friday.

Tomorrow, I will be participating in a panel about the role of race and immigration in the 2016 elections at the University of Connecticut with professors Evelyn Simien (UConn) and Natalie Masuoka (Tufts University), and moderated by Prof. Shayla Nunnally (UConn).

WASHINGTON – This Tuesday, as the Supreme Court hears oral arguments in McCutcheon v. FEC, activists and organizations across a wide spectrum of issues will speak out in support of protecting the integrity of our democracy at a rally outside the court. In the McCutcheon case, the Supreme Court will

NEW YORK, NY – As the Supreme Court prepares to hear oral argument in the McCutcheon v. FEC case, national public policy center Demos has partnered with U.S. PIRG to release new data quantifying the potential dollar impact of striking down federal aggregate contribution limits. Demos and U.S. PIRG

Elizabeth Ridlington and Miles Unterreiner of Frontier Group, Robert Hiltonsmith of Demos, and Kurt Walters of Public Campaign helped with data analysis for this report.

The current “aggregate contribution limit” is $123,200 — as of this post, that's the total amount of money one wealthy individual is permitted to contribute to all federal candidates, parties, and PACs. The Supreme Court will consider this cap in McCutcheon v. FEC.

The CFPB released a report this week that should serve as a reminder of what a functional Congress could accomplish. The report highlights the ways in which the 2009 Credit CARD Act has succeeded. Their findings:

Our data sets were provided and cleaned by Public Campaign. For the purposes of this report, Public Campaign used federal campaign contribution data made public by the Federal Election Commission (FEC) and then refined and augmented by the Center for Responsive Politics (CRP). 

Demos applauds the release of a Consumer Financial Protection Bureau (CFPB) report that underscored the continuing success of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act). The CFPB found that, as a result of the Act: