“In Spending Bill, A Gift For Political Party Fundraising”

Peter Overby reports: “Capitol Hill lawmakers agreed Tuesday afternoon on a small provision to be added to the omnibus spending bill, allowing the two party committees to raise money for their presidential nominating conventions. The limit per donor would be $97,200 a year, on top of each party committee’s existing limit of $32,400 per year.”  Matea Gold has this post at WaPo, reporting that “a donor who gave the maximum $32,400 this year to the Democratic National Committee or Republican National Committee would be able to donate another $291,600 on top of that to the party’s additional arms — a total of $324,000, ten times the current limit.” Democracy 21 has issued a blistering statement from Fred Wertheimer branding this a “Faustian bargain” and claiming that it “makes the Great Train Robbery look like a petty misdemeanor.”

Update:  Democracy 21 has issued a clarification upping its calculation of the total amount that could be given to parties.


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