Media

WASHINGTON DC -- Today, oral arguments in the case of McCutcheon v. FEC brought protesters to Washington in an effort to urge the high court to uphold the constitutionality of aggregate campaign contribution limits, in the most significant big money in politics case since Citizens United v. FEC.

With a bad ruling, the Roberts Court could unleash more than $1 billion in McCutcheon Money from just 1,500 elite donors. 

Americans are outraged over the power of money on our government. In Citizens United the Supreme Court already increased the dominance of the wealthy and special interests on politics and policy. Now, in McCutcheon v FEC, the court is being asked to strike down one of the few remaining campaign finance laws that we have to fight corruption of our democratic government. After all, in a democracy the size of your wallet shouldn't determine the impact of your voice or your right to representation.

The Supreme Court will hear arguments on Tuesday in McCutcheon v. Federal Election Commission, a case that's been dubbed "the next Citizens United." The plaintiff, GOP donor Shaun McCutcheon, and his conservative allies say the case is about getting rid of restrictions on political spending that stifle free speech.

If you think we need more money influencing politics in America, then today could be a great day for you.

The Supreme Court is hearing arguments this morning in McCutcheon v. Federal Election Commission (FEC),  a case challenging the overall limits an individual can donate to political action committees, candidates and parties in a two-year federal election cycle.

The big donors behind the crisis in Washington are finally being called out by the mainstream media. Yesterday, the New York Times had a major investigative piece about how the Koch brothers and other major conservative donors pushed the Republican Party toward its current extreme strategy of trying to stop Obamacare.

Growth doesn't work. It doesn't deliver the claimed social and economic benefits. 

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 investors more to buy them. Hence higher interest rates on new debt that is issued. 

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.