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Political Spending

All articles tagged with #political spending

SCOTUS Strikes Down Coordinated Campaign Spending Caps
politics14 days ago

SCOTUS Strikes Down Coordinated Campaign Spending Caps

The Supreme Court, in a 6-3 decision authored by Justice Kavanaugh, struck down longstanding federal limits on how much national party committees can spend in coordination with candidates, ruling such caps violate the First Amendment. The ruling lets parties spend unlimited money in coordination with candidates while independent expenditures remain unrestricted but must be separate from campaigns. Republicans cheered, arguing the decision levels the playing field, while Democrats warned it empowers billionaires and special interests. The change follows decades of rollback of campaign-finance rules since Citizens United and could boost party spending in the 2026 elections; the old caps—up to about $4 million for Senate races and around $127,000 for large House seats—no longer constrain coordinated spending.

politics2 months ago

Voters See Money Dominating U.S. Elections Across Parties

A POLITICO poll conducted with Public First finds about 72% of Americans say there is too much money in U.S. politics, with broad cross‑party concern that wealth and outside groups shape or even buy election outcomes; Democrats are more likely to oppose money in politics, while Republicans show less intense views. The survey also notes record midterm spending and a rising role for outside money tied to AI, crypto and other industries, contributing to a sense that voters have too little power and that billionaire influence is outsized.

politics2 months ago

Big Money, Bigger Skepticism: Voters Push Back on AI and Crypto in the 2026 Race

A POLITICO poll finds Americans skeptical of both AI and cryptocurrency even as pro-AI and pro-crypto groups pour tens of millions into competitive 2026 races and lobbying. About 45% say investing in crypto isn’t worth the risk and 44% say AI is developing too quickly; two-thirds want federal AI rules, and nearly half trust traditional banks more than crypto. Leading the Future has raised over $75 million and Fairshake around $28 million to back candidates, signaling a new era of industry-driven spending that could face voter pushback if perceived to overwhelm politics.

"High-Stakes Wisconsin Supreme Court Race Shapes Future of Abortion and Voting Rights"
politics3 years ago

"High-Stakes Wisconsin Supreme Court Race Shapes Future of Abortion and Voting Rights"

The most expensive judicial race in US history is taking place in Wisconsin, where the election for a seat on the state's Supreme Court will determine whether liberals or conservatives control the branch of government that will soon decide the fate of the state's abortion ban. The candidates, political parties, and ideological groups have spent more than $30 million on the race, obliterating the record for a judicial election that was established two decades ago in Illinois. The race exemplifies how judicial elections have become infused with politics and suggests that trend could intensify as state courts deal with more volatile issues.