Rep. Summer Lee: It’s time to abolish super PACs

Billionaires, companies, and different rich pursuits are presently in a position to make limitless contributions to “tremendous PACs” that aren’t managed by candidates or political events, even after they spend cash to assist or oppose particular candidates. These limitless contributions to tremendous PACs in federal elections usually rise to the extent of hundreds of thousands of {dollars}, presenting the specter of corruption within the political course of and staggering affect by the ultra-wealthy.

The Abolish Tremendous PACs Act is laws that seeks to place an finish to tremendous PACs in federal elections. The invoice would place a $5,000 per calendar 12 months restrict on contributions to tremendous PACs, successfully abolishing them. 

Study extra at: AbolishingSuperPACs.org