The news is out: [Casino magnate Sheldon Adelson and his wife, Miriam, pumped $75 million into a pro-Trump super PAC in the final stretch of the presidential campaign, providing a late cash infusion for President Trump’s faltering reelection effort as his Democratic rival, Joe Biden, raked in record-breaking sums.]
The news is out: [The Federal Election Commission has announced contribution limits for 2019-2020. The new “per election” limits are effective for the 2019-2020 election cycle (November 7, 2018 – November 3, 2020), and the calendar year limits are effective January 1, 2019.
The FEC increased the amount an individual can contribute to a candidate to $2,800 per election, up from $2,700. Because the primary and general count as separate elections, individuals may give $5,600 per candidate per cycle.
The limit on contributions from individuals to national party committees also increased from $33,900 to $35,500 per year. This increase also affects the limit on contributions to additional specialized accounts of the party committees, which were first allowed through legislation passed in 2014. Each of these accounts can receive contributions that are triple the amount that can be given to the main party account, or $106,500 per account per year. These accounts can be used to pay for expenses related to presidential nominating conventions, headquarters buildings of the party, and election recounts, contests, and other legal proceedings.]
Wow! I wonder what they do in shithole countries.