The Supreme Court issued its much-anticipated opinion in McCutcheon v. Federal Election Commission this week, striking down the federal aggregate contribution limits as unconstitutional under the First Amendment.  Importantly, the base contribution limits—that is, the amount an individual may contribute to a specific federal candidate, political party, or political action committee—remain unchanged and were not at issue in this case.  As a result, it’s likely that candidates and political parties will have more money to spend on political advertising, to the benefit of local broadcasters.  Here’s an analysis of the McCutcheon decision from our Election Law experts.

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