` US Supreme Court Changes Key Pillar of Federal Campaign Finance Law Allowing Open-Door for Big-Money Donor’s’

#AceFinanceNews – (Reuters) – UNITED STATES – April 03 – The U.S. Supreme Court on Wednesday struck down a key pillar of federal campaign finance law by allowing donors to give money to as many political candidates, parties and committees as they wish.

In the latest in a series of decisions by the high court that have given big-money donors more influence in U.S. elections, the justices rejected the overall limits on how much individuals can donate during a federal two-year election cycle.

The ruling – a 5-4 decision with the court’s more conservative justices in the majority – could have an immediate impact on the 2014 midterm elections, in which Republicans are likely to keep control of the House of Representatives and are seeking to gain six Senate seats to take over that chamber.

CURRENT CAMPAIGN FINANCE LAWS – 2010

The FEC is responsible for enforcing the federal campaign finance law. It is a six-member commission made up of three Republicans and three Democrats, who, despite the statutory requirement that they be nominated by the President, are usually hand-picked by the Congressional leadership of the respective parties and consequently protect party interests. Due to its structure, the FEC often ends in deadlock on any significant questions.

An individual who is a citizen can contribute $2,400 to a candidate for the primary election, and $2,400 for the general election (a total of $4,800 per person). Individuals can also give $5,000 to a political action committee (PAC) per year; $30,400 a year to a national political party committee per year; and $10,000 to the federal account of a state party committee per year. The most an individual can give altogether is $115,500 for the two-year cycle ($45,600 to all candidates and $69,900 to all PACs and parties).
http://www.campaignlegalcenter.org/index.php?option=com_content&id=1187:a-guide-to-the-current-rules-for-federal-elections

Read More: http://www.reuters.com/article/2014/04/02/us-usa-court-election-idUSBREA3116V20140402

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The Open and Shut Case For Any Government Shut-down

In reality, key functions of the government will continue to operate as before even in the event of a “shut down”.

  • Federal air traffic controllers will continue to monitor take offs and landings;
  • The TSA will still be screening passengers in US airports;
  • The US military will stay on duty and many credit unions and banks will cover their Oct. 15 paychecks if they are delayed;
  • Embassies and consulates overseas will continue to provide services to American citizens;
  • The mail will continue to be delivered;
  • Federal courts will continue to operate;
  • The US Supreme Court will continue to operate as normal when it resumes on October 7;
  • Taxes will continue to be collected;
  • Sales taxes will continue to be collected
  • Garbage will continue to be collected;
  • Visa services for people traveling to the United States will continue to operate;
  • US passport applications will continue to be processed normally;
  • Green card applications will continue to be processed normally;
  • Social Security and Medicare benefits will continue to operate normally;
  • The vast majority of Homeland Security employees will stay on the job;
  • The vast majority of Coast Guard employees will stay on the job;
  • The vast majority of Border Patrol agents will stay on the job;
  • The vast majority of Secret Service personnel and other law enforcement agents and officers will stay on the job;
  • Schools will stay open;
  • The National Weather Service and the National Hurricane Center will continue to issue natural disaster warnings and track storms;
  • The Mars Rover will continue to explore the red planet and the International Space Station will continue to operate;
  • The District of Columbia passed a $144m contingency fund on Friday to ensure all its services would continue to operate normally;
  • Most services managed by the Department of Veterans Affairs will continue.http://www.infowars.com/government-shut-down-wont-actually-shut-down-government/

#acedebtnews, #border-control, #homeland-security, #iss, #tsa, #us-government, #us-supreme-court