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Give that much and in the past have given up to the aggregate limit. if you take into account the whole two-year cycle $123,200. that is one in 4 million americans but it is 1 in 6 billionaires. the coch brothers and others are among that class. we were a country that was founded on, you know, let's remove tyranny, let's remove kings, but there used to be this concept of divine right of kings. now we have this divine right of corporations and divine right of the .01%. i don't think the american public agrees with that. >> this is useful. let me dig down on this a little bit. i like the idea th...

Corporations and unions can spend unlimited amounts of money to influence elections. the mccutcheon decision keeps in place caps on how much a person can give to any one candidate, a party committee, but it eliminates the overall cap on contributions to candidates and committees over a two-year period. before today, that aggregate limit was $123,200. as of today, that limit is history. a single donor can give millions of dollars directly to candidates and party committees every election cycle. in fact, they only need to write a single check to a joint fund-raising committee which can then dist...

Laws since the 2010 citizens united decision which said corporations and unions can spend unlimited amounts of money to influence elections. the mccutcheon decision keeps in place caps on how much a person can give to any one candidate, a party committee, but it eliminates the overall cap on contributions to candidates and committees over a two-year period. before today, that aggregate limit was $123,200. as of today, that limit is history. a single donor can give millions of dollars directly to candidates and party committees every election cycle. in fact, they only need to write a single che...

Yesterday, the supreme court struck down one of the limits, getting rid of what had been a ceiling of $48,600 in donations to all candidates for federal office, and $74,600 to political parties and pacs. for a combined total of $123,200 in any two-year election cycle. in a 5-4 ruling, the majority said political spending is a form of free speech, and chief justice john roberts said, quote, the government may no more restrict how many candidates or causes a donor may support than it may tell a newspaper how many candidates it may endorse. in an unusual oral dissent from the bench, justice steve...

Senate's mitch mcconnell. >> reporter: shawn mccutchen made big bucks with his electrical engineering company in alabama. he's a millionaire with a problem most persons don't have. he's given hundreds of thousands of dollar does republican candidates since 2010, but for him, it's not enough. >> i gave a lot of money, and i want them to spend more. >> reporter: right now the law says individuals can donate more than $123,200 to political parties during an election cycle. he filed a lawsuit that would allow him to give as much money as he wants as he admits that politics is something he does for...