Sunday, January 25, 2009

Election "Reform" We Can Believe In

clipped from thehill.com

Candidates for federal office will be able to squeeze
just a little more money out of their major contributors in the 2010 campaign
cycle as the Federal Election Commission announced new individual gift limits
Friday morning.

Individual donors will now be able to give up to $2,400
per election, or $4,800 for both a primary and a general, according to the new
guidelines. That's up from the $2,300 per-election limit during the 2008 cycle.

Donors are also able to fork over $30,400 to national
parties, higher than the $28,500 they were allowed to give last cycle. A single
donor is limited to $115,500 — including $45,600 to candidates — per cycle.