Why Supreme Court’s Campaign Finance Ruling Boosts Billionaire Donors—And Could Help The GOP In November
Key takeaways
- The National Republican Senatorial Committee and former Sen.
- The ruling is broadly expected to help Republicans, who can now use big donations to the party to make up for the fundraising advantage that individual Democratic candidates typically have.
- President Donald Trump hailed the court’s ruling Tuesday as a “BIG WIN FOR REPUBLICANS,” further highlighting how the decision is likely to boost the GOP.
Topline The Supreme Court abolished limits on how political parties can coordinate directly with candidates on Tuesday, a major ruling for campaign finance that’s likely to give Republicans an advantage in the November midterms and help wealthy donors bankroll specific candidates more directly—which liberal-leaning justices have warned could open the door to corruption.
The U.S Supreme Court is seen on June 25 in Washington, DC. Getty Images Key Facts The Supreme Court ruled 6-3 to abolish previous limits on how much political parties can spend directly coordinating with the party’s candidates, meaning using party funds to bankroll the candidate’s campaign expenditures, like advertisements or rallies.
Parties had previously been limited in how much they could spend on candidates, only being able to spend between $65,300 to $130,600 on an individual House candidate, between $130,600 to $4,071,800 on an individual Senate candidate and up to $32,392,200 on a presidential candidate.