Politics

Under Spending Deal, Donors Could Give $776K A Year To Party Committees

Alex Pappas Political Reporter
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Cha-ching.

That sound you are about to hear is money going to the Republican and Democratic national campaign committees.

Inserted into the very end of the massive 1,603-page spending plan released by Congress on Tuesday night are changes to the law allowing Republicans and Democrats to raise a lot more money.

Donors are currently limited to giving a combined $97,200 a year to each party’s national, congressional and senatorial committees. Under the new spending plan, that could increase to $777,600 a year spread between each party’s three committees.

Democracy 21, an organization promotes stricter campaign finance laws, crunched the numbers in a post on its website after the spending plan was released:

Under the legislation, there are also additional amounts that an individual can give to each of the Democratic or Republican parties’ two congressional campaign committees — $97,200 per year for each congressional campaign committee’s building fund and $97,200 per year for each congressional campaign committee’s fund for recounts and other legal matters, or $194, 400 per year for each party congressional campaign committee. This is in addition to the $32,400 per year a donor can currently give to a congressional campaign committee.

This means an individual donor can give $324,000 each year to a national party (DNC or RNC), $226,800 to a Senate campaign committee (DSCC or NRSC ) and $226,800 to a House campaign committee (DCCC or NRCC).

Thus, a single individual could donate $776,600 per year or $1,553,200 per two-year election cycle to the three national party committees of the Democratic or Republican parties.

The provision, on page 1,599 of the massive spending plan, is listed under the header, “other matters.”

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