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Mccutchen isn't challenging the base limit. he's challenging the aggregate limit. he told pete williams he simply wants to be able to get more money to more people. >> i would like to see more competition, more candidates, more challengers, more ideas, and not every candidate out there can sell funds, so a lot of candidates are faced with raising money from private individuals because the institutional money is going to go to the incumbents. so, again, i think this is about, you know, changing the world for the better and putting competition into the elections which should be a good thing. it'...

Mccutchen versus federal election in a case that will determine the overall limits on what an individual can give to candidates, political parties, and political action committees in a two-year election cycle. which means more money in politics. just what we all need. for more now, i'm joined by nbc justice correspondent, pete williams. pete, the actual amount you can give to a candidate is not being challenged here. but rather the aggregate limit that you can give to all candidates or all political parties or committees. is that right? >> precisely right. there is a limit of $2600. that's how...

States can go in restricting access to abortions. the court's last term saw the justices striking down the defense of marriage act and key provision of the -- while the coming term may not conclude in june with the same fireworks as the last two, it has the potential to reshape american politics and individual liberties in profound ways. justice correspondent peter williams joins us now live to talk about this. pete, let's talk about the case as we understand it, taking up first. >> tomorrow will be the case on money and politics. most people don't realize that there is a limit on how much mon...

Congress is going to be less likely to -- it's really important not to let all the political hoopla around citizens united trickle to this case. it's a separate issue. with the contributions, you can limit them because there's too much of a threat of corruption. it's not there's too much money in politics. this is a rational. i can lay so much money at your doorstep and to this point about aggregate limits. this is the strongest argument. i agree with that. it's to say the independent limits, the individual limits are i can only give so much to a particular candidate. it's not being challenges...

But also could allow wealthy donors to have an even greater impact. correspondent shannon bream has details and reaction tonight from the court. >> in a 5-4 opinion, the supreme court today struck down a key limit on political contributions. one side's calling it a major first amendment victory while critics are dubbing it the end of democracy. limits on what donors can give to each specific candidate, party committee or political action committee remain in tact, but the overall aggregate limit, roughly $123,000 for the 2013-2014 cycle has been deemed unconstitutional, making it much easier fo...