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Justice Breyer’s Campaign Finance Mistake
In my latest weekly column for Defining Ideas at the Hoover Institution, I examine the Supreme Court’s decision last week in McCutcheon v. FEC, overturning the aggregate limits that donors can give to political candidates in any given election cycle. As I’ve noted in the past, I generally have a strong aversion to the McCain-Feingold law, which, in my judgment, only aggravates distortions in the political market.
As I note in the piece: