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Thursday, September 26, 2013

Warren: 'We Face A Clear Danger' On Campaign Finance

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) warned Thursday that a coming Supreme Court case that could ultimately eliminate certain campaign contribution limits is a "clear danger" that threatens to expand the influence of large and wealthy corporations on elections.

The case -- McCutcheon v. Federal Election Commission, set to be argued on Oct. 8 -- challenges the aggregate limit on campaign contributions that an individual donor can make in a single election. Currently, a donor may only give $123,300 in total, made up of sub-limits of $48,600 to candidates and $74,600 to party committees and PACs.

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