Supreme Court Strikes Down Aggregate Contribution Limit

The U.S. Supreme Court today issued its opinion  in  McCutcheon v. FEC  striking down the current aggregate contribution limit on political contributions.  

The individual aggregate two-year contribution limit had been $48,600 for giving to federal candidates, and $74,600 for giving to political party committees. See FEC brochure , The Biennial Contribution Limit.  

The opinion did not change the individual contribution limit of giving $2,600 to a federal candidate, per election.